Clifford Rosenthal, president and CEO of the National Federation of Community Development Credit Unions, will leave the organization where he has served since 1980 for a position in Washington D.C.
Rosenthal declined to identify his future employer prior to that organization making an announcement.
Rosenthal has served as a key leader at the National Federation and among Community Development Credit Unions for many years, beginning with the Federation when it had fallen on hard times in the early 1980s and helping build it back up again.
In 2008, he announced that he would retire from the National Federation when he turned 65 years of age in 2010. But the economic crisis that began that year forestalled that plan and postponed his departure he said.
“I have been here a long time and I think we are significantly stronger now,” Rosenthal said. “Our foundations are stronger and our programs are growing so now it felt like a better time,” he said.
Rosenthal's move will take place in early May.