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ALPS board hears views on embezzlement, recall effort

SITKA, ALASKA The board and senior management of the ALPS Federal Credit Union tried to reassure the public that the institution was in good financial shape at an open meeting in Sitka’s Harrigan Centennial Hall Tuesday night (4-27-10). The meeting was contentious and often acrimonious. The credit union has been rocked by suspected embezzlement in the office of the former chief operating officer; the board is weathering a recall effort by members unhappy over the handling of the apparent dismissal of the credit union’s popular former chief executive officer.
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