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CoastHills CU places CEO on temporary leave

CoastHills CU of Lompoc, Calif., has placed President and CEO Jeff York on temporary leave, the San Luis Obispo Tribune reported March 2.

The board said "confidential personnel matters" were behind the move, and that it was unable to disclose additional information. York told the Tribune he had "done nothing wrong."

He is being replaced in the interim by Dallis Widick, who retired as an executive of CoastHills in 2015.

CoastHills had $1.08 billion in assets at the end of 2017.