The decision to run the story on Tom Glatt Sr.'s personal misfortune was the right one. Let me explain.
Former Continental Federal Credit Union president/CEO Tom Glatt Sr. voluntarily surrendered the keys to a 4,000 square foot Sedona, Ariz. desert estate, walking out on a 2007 loan from his former employer that had an original principal amount of $958,000.
Tom Glatt, president/CEO of REALTORS Federal Credit Union, announced he is scheduled to leave his post Aug. 1 after nearly two years at the helm.
A North Carolina firm, Glatt Consulting LLC, which tracks financial data, announced Friday it will begin publishing its industry "HealthScores" and one key finding is a noteworthy second quarter drop in overall CU conditions.