Birmingham attorney is mutual savings CEO.A Birmingham attorney, Douglas Key, has been named by the Alabama credit union regulator as the new president/CEO of the $195 million Mutual Savings Credit Union, which underwent conservatorship Conservatorship A circumstance in which the court declares an individual unable to take care of legal matters and appoints another individual, known as a conservator, to do so. Notes: This is sometimes referred to as "LPS Conservatorship. by the state last July. In a press release, T. Glenn Latham, Alabama credit union administrator, said Key, a partner and founding owner of Key, Greer, Frawley, Key & Harrison, headquartered in suburban Pelham Noun 1. Pelham - a bit with a bar mouthpiece that is designed to combine a curb and snaffle bit - piece of metal held in horse's mouth by reins and used to control the horse while riding; "the horse was not accustomed to a bit" , was picked for the job based on industry experience. He added that Key "will work to lead the credit union back to a healthy and growing state." The state's July 31 takeover of Mutual of Birmingham is being challenged in a lawsuit brought by its former CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Dale Dalbey, and members of the board ousted by Latham. A Shelby County Shelby County is the name of nine counties in the United States of America, all named for Isaac Shelby of Kentucky:
Key has a track record working with CUs in various roles for more than 35 years. He began his career in the finance industry and later earned his law degree from Birmingham School of Law The Birmingham School of Law is a law school in downtown Birmingham, Alabama. The law school offers night classes with a faculty of judges and practicing attorneys. Graduates receive the Juris Doctor degree. It was founded in 1915 by Judge Hugh A. . "It's an honor for me to have the opportunity to contribute to the success of Mutual Savings Credit Union," Key said in a statement. "I am excited about creating a dynamic workplace where the strategic vision of serving members is greatly expanded. I look forward to this new chapter in my career." |
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