GRAY, Tenn.–Just days after announcing he would be resigning as CEO, Ron Scott of Appalachian Community FCU has been found dead. Washington County Sheriff’s Department Investigator Jeff Miller said the death was under investigation, and more information should be available this week, according to the Johnson City Press.
As CUToday.info had earlier reported here, Scott said he planned to leave in order to move west and Scott and be closer to his and his wife’s aging mothers. He had been CEO of the $234-million credit union for more than eight years.
When the Johnson City Press asked if Appalachian Community Federal Credit Union was the target of any audit, investigation or administrative sanctions by federal authorities, Director of Communications and Community Relations Jeff Keeling told the publication he could not comment.
“Financial institutions are visited on a regular basis — and occasionally on an irregular basis — by any number of outside agencies. It’s a highly regulated industry,” Keeling was quoted as saying. “It’s our policy not to comment on whether we are being visited by those outside agencies or whether we are not.”
Keeling described Scott as a “very personable guy” who had hired him and then become a friend.
“I’m devastated as a friend, and I’m sure I would speak for everyone at the credit union to hope that people would keep his family and his friends and all the people that he influenced in their prayers and their thoughts,” Keeling was quoted as saying.
ccording to the Johnson City Press, Scott, originally from Southern California, said the resignation was a tough decision for him and his wife, a Las Vegas native, to make, but ultimately it was the best choice for their family.
As CUToday.info noted in its initial report, Scott, originally from Southern California, said the resignation was a tough decision for him and his wife, a Las Vegas native, to make, but ultimately it was the best choice for their family.
Kelly Smith has been named interim president and CEO.