CAPE GIRARDEAU, MO.-James and Beverly Rust, the founders and principals of RM Coco and the Custom Creations division left the company on October 16. RM Coco is a medium sized fabric jobber/workroom offering fabrics, trims and hardware with over 80 branches and multi line showrooms primarily in the Midwest and West Coast. Custom Creations is RM Coco’s workroom operation. RM Coco’s lender asked the Rusts to leave due to non-performance of loans extended to the company, it was learned. Individual vendors are owed as much as $50,000 but attempts to collect have failed since the Rusts have left the company, one vendor reported. In the wake of the Rusts departure, the Bank has appointed an interim management team, which includes consultants and company executives, according to a source at RM Coco. An official statement from the bank in possession is not available and no further comments have been made in spite of several requests by Fabrics & Furnishings International. Trade reports indicate that due to its financial situation, RM Coco has not purchased new inventory for quite awhile and payments to vendors have been slow or not at all. At presstime, comments promised from the bank consultants were not forthcoming.