Denise Sweet-McGregor, the former interim CEO of NCUA-conserved AEA Federal Credit Union of Arizona, is leaving the CU Feb. 18, it was disclosed Monday.
Officials at the failed $309 million CU in Yuma confirmed a weekend public statement by Sweet-McGregor that she would be resigning, "leaving the credit union in capable hands."
She had been serving as executive vice president during a tenure which saw the southern Arizona CU encounter large real estate loan losses and endure a scandal involving a kickback scheme involving a now indicted group of local business leaders.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
