CEFCU's Arnold Plans To Retire In April, 2006

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Eldon Arnold, president of credit union giant CEFCU for the past eight years, has announced his retirement next April. Arnold will be succeeded by Mark Spenny, executive vice president of the $2.8-billion credit union, once known as Caterpillar Employees FCU. Arnold, 62, has been at Caterpillar Inc. and CEFCU for 41 years.

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