DENVER-Bellco CU agreed to pay $57,250 to a former teller to settle an age discrimination suit brought by the U.S. Equal Employment Opportunity Commission just before a scheduled start of a jury trial in the suit.
Under the settlement, the credit union will pay Frances Cruz $57,250, which includes $28,625 in back pay and $28,625 in liquidated damages, but continues to deny the charges and says it followed the law.
"Bellco has in place a very strong policy prohibiting age discrimination," LeeAnn Downey, Bellco's vice president of human resources, said in a statement. "We are proud of our commitment to equality, and appreciate the efforts of the EEOC staff in working with us to conclude this matter."
"We think it's in the best interests of our members and employees to put this matter behind us," she said.
