Wisconsin state regulator Kim Santos takes seat made vacant when John Kohloff resigned last week.
Michigan regulator Kohloff abruptly resigns as the organization continues its CEO search.
The Wisconsin Credit Union League praised a regulatory reform package signed into law by Republican Gov. Scott Walker on April 16.
Interest rate risk factors, combined with membership and asset growth, could create a perfect storm, according to the NASCUS board chairman.
Measure amends a variety of regulations, including permitted investments and incidental powers.
Colorado credit union CEO returns home to Wisconsin to fill deputy state regulator position.
Assets, loans and net worth increase, but net income is stagnant.
Deputy Director Santos succeeds Ginger Larson, who is retiring in June after 17 years with the OCU, including nine as director.
Only approval by the FDIC awaits final approval of the sale of the $190 million Wisconsin community bank to $2.1 billion Landmark CU.
There are currently 211 CUs in the state, down from 260 in 2007. Only two are federal credit unions.