Dismissing white knight depictions as overstated, John Tippets, the 70-year-old president/CEO of the near-failed North Island Credit Union in San Diego, warned anew Thursday his CU still faces a tough climb toward full recovery “since the economy continues to struggle and we are subject to forces beyond our control.”

The former American Airlines FCU head who retired from the Texas CU in 2008 and then took over North Island in November 2009 also revealed he might possibly try retirement again, perhaps next April. 

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