Michigan regulator Kohloff abruptly resigns as the organization continues its CEO search.
Fifteen-year veteran leaving credit unions to begin a new career as a teacher.
Credit unions, banks will be examined to make sure they are preventing unlicensed payday transactions.
John Kolhoff, director of the Michigan Office of Credit Unions, has been elected chairman of NASCUS, the association said Monday.
If the three largest state-chartered credit unions in California were to convert to federal charters, the state’s regulator would lose $1.7 million of its $7.2 million budget, leaving small and midsize state-chartered credit unions to subsidize that loss.
This preview from our Sept. 4 print edition looks at a new state law that should lower disproportionate fees for the largest credit unions in the state.
Ken Ross named executive vice president and chief operating officer for Michigan Credit Union League and Affiliates
Credit union taxation, regulation measures die in committee.
Hagler succeeds Rob Braswell, who retired from the post on June 1 after serving at the helm since December 2005.
After 30 years of service, Rob Braswell, commissioner of the Georgia Department of Banking and Finance, retired on June 1.