FERNDALE, Mich. — Armando Cavazos, president/CEO of Credit Union ONE, is still on a leave of absence.

Gary Moody, vice president of strategic alliances, is still serving as interim president of the $755 million credit union, a role he has been in since April 18, when Cavazos started his "indefinite leave of absence." Cavazos had also been serving as treasurer on the credit union's board and was re-elected in April. He is on leave from that position as well, Moody confirmed.

Moody could only say that Cavazos is still on an "indefinite leave of absence" adding he is not ill. As for how long he plans to serve as interim president/CEO, Moody said he was not sure. "I don't know how long I will serve–until the board says otherwise," Moody said. Cavazos is well known in the credit union industry having served more than 30 years in the movement. He started at the credit union in 1974 as a supervisor in the accounting department and became CEO in 1986. He is a former director and vice chairman of the Michigan Credit Union League Board, a former director of the Michigan Automated Clearing House Association, and a former national director of CUNA and affiliates. Cavazos has also served as chairman of the CUNA Hispanic Outreach Task Force and director of the CO-OP Network.

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