Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Lawsuit settlement. Lawsuit settlement. (Source: Shutterstock)

New Hampshire’s largest credit union, the $3.6 billion Service Credit Union, reached an out-of-court settlement with Gordon Simmons, one of the industry’s most successful CEOs who quickly fell from grace after the board of directors accused him of financial and sexual improprieties.

Peter Strozniak

Dig Deeper

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.