§412:10-115  Credit manager.  If the bylaws provide, the board of directors may appoint a credit manager in addition to or in lieu of a credit committee, subject to the direct supervision of the president of the credit union.  The president may also be the credit manager.  The credit manager may approve or disapprove loan applications, subject to written policies established by the board of directors. [L 1993, c 350, pt of §1]