Outgoing Michigan DFI Commissioner Kenneth RossMichigan's chief regulator of financial institutions is stepping down Friday from the job he's held for three years.

Kenneth Ross, a former vice president of regulatory and legal affairs for the Michigan Credit Union League and an assistant state attorney general, was appointed commissioner of the Office of Financial and Insurance Regulation by Democratic Gov. Jennifer Granholm in February 2008.

Ross was hailed as the first person with a credit union background appointed to that position.

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