LOMPOC, Calif.–Jeff York, CEO of the $1.1-billion CoastHills Credit Union, has been placed on temporary leave by the CU’s board.
“Because this issue involves confidential personnel matters, the credit union is not able to provide additional information at this time,” board chairman Hugh Rafferty wrote in prepared remarks first published by the San Luis Obispo Tribune.
When the Tribune reached York for comment, it quoted him as saying only, “I have done nothing wrong.”
York has led the credit union since 2004, after placing a newspaper ad publicly stating he was seeking a CEO position.
The board has named Dal Widick, who retired from CoastHills in 2015, as a temporary replacement as CEO.
CoastHills CU has 66,000 members.