Oregon's ailing Chetco Federal Credit Union has hired Diane Johnson as its new CEO.
The $317 million Chetco, which lost $16.9 million last year and had net worth just above 5.18% in March, said Johnson will help restore financial health for the Brookings Harbor CU, located at the tip of Oregon's southwest coast next to the California line.
"We're glad to have Diane Johnson as our CEO. and we see a positive future," declared James Nelson, Chetco chairman.
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