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CU System
CU System briefs (07/30/2010)
* WASHINGTON (8/2/10)--Tom Glatt has departed Realtors FCU as CEO, as of Sunday. Glatt was named CEO of the new Internet-based credit union on Dec. 15, 2008. He is a 20-year veteran of the credit union movement, previously serving as CEO of Continental FCU, Tempe, Ariz., and in executive positions with OnPoint Community CU (formerly Portland Teachers CU), Portland, Ore.; First Financial FCU, West Covina, Calif; and 66 FCU, Bartlesville, Okla. News Now will carry a full story in Wednesday's edition ... * SACRAMENTO, Calif. (8/2/10)--The Golden 1 CU, based in Sacramento, announced Friday that Donna Bland has been named interim president/CEO, effective immediately. Bland, formerly the credit union's senior vice president and chief financial officer, has been with the credit union for 16 years and has more than 20 years experience in the financial services industry. In her previous position, she had been responsible for finance and accounting, investment management and compliance, among other duties. Golden 1 is the sixth largest credit union in the U.S., with more than $7 billion in assets and nearly 700,000 members with 84 branches ... * MARLBOROUGH, Mass. (8/2/10)--Al LaRiviere, former board chairman of the Massachusetts Credit Union League, died July 17. He was 93, said the league (e-Weekly July 28). LaRiviere began his 58-year in credit unions in 1947 as a board member of Chapman Valve CU and became its manager in 1952. In 1960 he became president of Western Mass Telephone Workers' CU (now Freedom CU), retiring as its CEO in 1995 at the age of 78. He was on the league board for 36 years and was chairman 1961-1963. He also served as chairman of the Massachusetts Credit Union Share Insurance Corp. and the Credit Union Employees Retirement Association; treasurer of the Central Credit Union Fund, and president of the Pioneer Valley chapter of the league. He also was trustee of the Credit Union Affordable Housing/Homeless Trust from 1991 to 2005 and a trustee of the Joseph Fisher Memorial Trust. He worked to advance credit union legislation including the establishment of the share insurance corporation and authorization for credit unions to issue NOW accounts in 1983 ...


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