Mike Barton, president of the NCUA Asset Management and Assistance Center for the past 17 years, has announced he will retire at the end of September.

NCUA Region IV Director C. Keith Morton will assume Barton's responsibilities for the immediate future, the agency announced.

"Mike Barton has held an important post in the agency during some of the most difficult days we have ever experienced, including overseeing the management of assets from the five failed corporate credit unions," NCUA Board Chairman Rick Metsger said.

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