The troubled $160 million Cumorah Credit Union of Las Vegas is looking for a new CEO following the sudden resignation of its long time CEO, Tony Mook, a former chairman of the Nevada Credit Union League.
Officials of the privately-insured CU, which had a mid-year loss of $7.3 million, recently cut its staff nearly in half and shuttered four branches, confirmed only that Mook "left yesterday." He had been with Las Vegas CU for 19 years, said media reports carried in the Las Vegas media.
Replacing Mook on an interim basis under the guidance of American Share Insurance Inc. is Paul Simons, who is president/CEO of Credit Union 1 in Rantoul, Ill.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
