X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Tony Mook, the former president/CEO of the $147 million Cumorah Credit Union, which fell victim to the Nevada recession and succumbed to an out-of-state takeover, has landed a new CEO slot in California. Mook, a former chairman of the Nevada Credit Union League and a veteran of Las Vegas-based Cumorah, is the new president/CEO of Alta Vista CU in San Bernardino. Officials of the $157 million San Bernardino CU said Mook took over the Alta Vista job in mid October, apparently prior to the collapse of Cumorah and its purchase and assumption by Credit Union 1 of Rantoul, Ill. Cumorah, serving the Mormon Church membership in Nevada, ran afoul of real estate-linked commercial loans and ran up losses as the Nevada economy continued to sink during 2008. The Las Vegas credit union is privately insured by American Share Insurance, which helped arrange the takeover by Credit Union 1. In a statement, Amy Brown, vice president of human resources and marketing at Alta Vista, 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.

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?

Peter Westerman

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.