Alan Kaufman, who served as president/CEO of the $1.9 billion Melrose Credit Union since 1982, left the Briarwood, N.Y.-based cooperative last week, a credit union spokesperson said Monday.

The spokesperson, who declined to be identified, only said Kaufman is no longer the CEO and declined to say why the longtime executive departed.

"It is strict credit union policy not to discuss personnel matters, so we have no further comment," the spokesperson said. "Right now, [Kaufman's] responsibilities are being handled by the board of the directors and management."

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