NASCUSNational Association of State Chartered Credit Union Supervisors
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In the newly-created position, she is responsible for retaining and augmenting the association's membership base, as well as reaching out to the state credit union system to demonstrate the value of NASCUS membership.
NASCUS still favors the five-member board, particularly if it includes as requirement that one member have experience regulating credit unions at the state level.
"We believe there is a role for regulators in ensuring such compensation plans are consistent with principles of safety and soundness," Brian Knight, NASCUS's executive vice president and general counsel said in a letter to the agency.
NASCUS has long pushed to expand the board to include representatives from the state regulators.
We've met with CUES, NACUSO and NASCUS, and we continue to do so.
Of course, NASCUS weighed in with a 22-page comment letter of its own (plus a 34-page appendix made up of the landmark 2015 legal study, which found the OTR is subject to notice and comment under the Administrative Procedure Act).
NASCUS President/CEO Lucy Ito said the efforts to upgrade the NCUA's core system are long overdue.
NASCUS President/CEO Lucy Ito told CU Times that Zuver "frequently considered and spoke up for issues affecting the state credit union system.
NASCUS President/CEO Lucy Ito said in a statement, "As adopted, the spirit of the rule permits state innovation in adopting their own business lending rules.
Calling the move an unprecedented opportunity, NASCUS President/CEO Lucy Ito said in a prepared statement, "It's about time.
Read on to learn who moved up the ladder at cooperatives, as well as at NASCUS and the CUSO Share One, this past week.