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Washington Credit Union Under Investigation

An investigation is under way at the $3.3 million G H Woodworkers Federal Credit Union in Aberdeen, Wash., after "several unusual events" occurred last year that prompted the board to place its president/CEO on administrative leave and merge the cooperative.

Penny S. Sudderth, who was appointed interim president/CEO of GHW FCU in March, confirmed Tuesday that an internal investigation was under way by its insurance company. She declined to give additional details about the investigation a

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