Michigan OFIS Commissioner Watters Named Chair of CSBS District 2
LANSING, Mich. - Linda Watters, commissioner of the Michigan Office of Financial and Insurance Services has been named chair of District 2 of the Conference of State Bank Supervisors. CSBS, the nationwide organization representing state bank regulators, is organized into five districts. District 2 includes the states of Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Missouri, Ohio and Wisconsin. Watters was named OFIS Commissioner in April 2003 by Gov. Jennifer Granholm. Before being named to the position, she worked in the Detroit business community for 25 years and spent the past 14 years working in the banking industry, most recently as president/CEO of Detroit Commerce Bank. The Michigan OFIS regulates all financial services for the state among which are 259 credit unions.