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Two Resign Amid Greylock Federal Credit Union Probe

Jun 7, 2010 | Reprints | Unlock Link | Print

Two members of the board of directors at Greylock Federal Credit Union have resigned amid separate investigations by the Pittsfield-based credit union and the Massachusetts Probation Department.

Greylock’s president and CEO, Angelo Stracuzzi, and Greylock board member Clifford Nilan stepped down Friday from the board.

The resignation comes after the board placed Stracuzzi on immediate administrative leave following revelations he is a convicted criminal whose 2005 probation case might have been supervised by Nilan, the chief of probation for Berkshire Superior Court.

Massachusetts probation officials this week launched a full review of Stracuzzi’s case after acknowledging they provided conflicting information to The Berkshire Eagle about who supervised him. (AP)

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