Tom Glatt, president and CEO of Realtors Federal Credit Union (FCU), recently announced that he will be leaving his post effective August 1.

“In two very short years Tom grew our fledgling enterprise to over $70 million in assets, making it one of the fastest growing credit unions in the country,” said Dale Stinton, CEO of the National Association of Realtors (NAR) and volunteer board member of the Realtors FCU. “Tom left us with an excellent team and because of his

leadership we are very excited about the future of Realtors FCU.”

Glatt, who has held the titles of president and CEO since December 2008, will be replaced by Jane Pannier, the credit union’s EVP and general counsel. “I’m so honored to be following in Tom’s footsteps, and I’m very excited about the opportunities that lie ahead for Realtors FCU,” Pannier said.

Prior to joining the credit union, Pannier was a partner with The Rochdale Group, a credit union consulting firm. She also previously served as senior compliance counsel for the National Association of Federal Credit Unions and director of its regulatory compliance department, and she was a prior CEO for the then-named UAW Federal Credit Union.

Founded in 2008 by NAR, Rockville, Maryland-based Realtors FCU is the first-ever virtual credit union. The credit union’s field of membership includes Realtors; NAR member boards, institutes, societies, and councils; Realtor-owned businesses; state and local associations; and local boards.