Tony Mook, the former president/CEO of Cumorah Credit Union in Las Vegas, which became a takeover victim last October after suffering steep loan losses, is the new president/CEO of Alta Vista CU in California.
Officials of the $157 million San Bernardino CU confirmed Monday that Mook took over the Alta Vista job in mid-October apparently prior to the collapse of Cumorah and purchase/assumption by Credit Union 1 of Rantoul, Ill.
Mook, the former chairman of the Nevada Credit Union League, had served as the long-time CEO of the $147 million Cumorah during an active growth period during the last decade, but succumbed to the state's severe recession and housing debacle.
In a statement, Amy Brown, vice president of human resources and marketing, said Mook succeeds Debra Grisamer, a long time CEO who left the CU earlier this year.
"The Alta Vista board and staff are very excited about Mr. Mook's presence and we feel fortunate to have his credit union background and expertise on our team," said Brown.
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