A CoastHills statement signed by Board Chair Hugh Rafferty said the temporary leadership change does not affect members or operations. Rafferty's statement essentially echoes Widick's comments that "because the issue involved confidential personnel matters, the credit union is not able to provide additional information at this time."

The statement does not say when York is expected to return.

York was appointed president of CoastHills CU in July 2004 and previously served as its executive vice president.

Jeff York

Under his leadership, the Lompoc-based CoastHills reached the $1 billion in assets milestone two year ago, becoming the second largest financial institution on California's central coast. In 2017, CoastHills revealed plans to build a $27 million headquarters in Santa Maria. Construction of the three-story, 91,000-square-foot building began last summer. The headquarters is expected to be completed at the end of 2018.

In 2015, York received total compensation of $569,332, which included $400,934 in base compensation, $48,702 in bonuses and incentives, $77,030 in other reportable compensation, $24,800 in retirement and other deferred compensation, and $17,866 in nontaxable benefits, according to the latest publicly available CoastHills' 990 IRS form.

What's more, the IRS 990 document also shows that the board or a committee approved York's $6.9 million collateral assignment split dollar plan, as well as two mortgages, a HELOC and a credit card.

In 2014, York received total compensation of $680,174, which included $366,619 in base compensation, $52,050 in bonuses and incentives, $224,641 in other reportable compensation, $19,150 in retirement and deferred compensation and $17,714 in nontaxable benefits.

A CASD was not reported for York in 2014.