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The $2.4 billion Affinity Federal Credit Union in Basking Ridge, N.J., said it has hired Wall Street banker Scott Witherspoon as the 132,600-member credit union’s new senior vice president and chief credit officer.

Witherspoon has been with Morgan Stanley for the past 20 years, most recently as managing director, credit risk management, Affinity said. He was responsible for managing U.S. credit risk on a full array of lending programs in the firm’s Global Wealth Management Group, his new employer said.

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