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Credit union agrees to lawsuit settlement. Credit union agrees to lawsuit settlement. (Source: Shutterstock)

A California credit union will pay $450,000 to settle a sex, age and retaliatory discrimination lawsuit brought by three former women executives after they applied for the CEO position for which a younger man was hired with no prior credit union experience, the U.S. Equal Employment Opportunity Commission said Friday.

The EEOC in Fresno said earlier this year it conducted an inquiry and found reasonable cause that the $239 million Tucoemas Federal Credit Union in Visalia violated federal sex and age discrimination laws and then retaliated against two of the three former credit union professionals.

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Peter Strozniak


Credit Union Times

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