The government on Tuesday dropped efforts to recoup more than $100 million from former officers and directors of the now- defunct Capital Corporate Federal Credit Union.

In exchange, J. Clayton Brooke and Bruce A. Townsend, Cap Corp's president and vice president, respectively, agreed not to work for a corporate credit union. Also agreeing to a similar ban was Marcus B. Schaefer, former chairman of Cap Corp's asset-liability committee and now president of AT&T Family Federal Credit Union, Winston-Salem, N.C. Also, 13 former officers and directors accepted letters of reprimand.

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