CEO chair Credit union parts ways with CEO, names interim leader. (Image: Shutterstock).

The board of directors for JAX Federal Credit Union said Mary Svoboda will serve as interim president/CEO after the Jacksonville, Fla.-based financial cooperative and its former President/CEO Joe Nowland agreed Monday to end their relationship.

“But each wishes to express appreciation for the positive direction of the credit union during Joe’s tenure,” according to JAXFCU’s prepared statement.

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