William Templeton has resigned as chief executive officer of Money Store.

Money Store, a home equity lender that was bought by First Union Corp. last year, confirmed that the executive left the company on Friday.

Mr. Templeton had been with the Money Store since 1973. He took the top job after the unexpected resignation of longtime Money Store chief executive Marc Turtletaub in May.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.