Press

NASCUS releases statement on FFIEC announcement

ARLINGTON, VA (April 2, 2021) — The National Association of State Credit Union Supervisors (NASCUS) President and CEO Lucy Ito released the following statement on the announcement of Todd Harper, Chairman of the National Credit Union Administration (NCUA), as Chairman of the Federal Financial Institutions Examination Council (FFIEC).

“Congratulations to former NASCUS Chairman Steve Pleger for taking on another term as the state credit union system’s representative on the SLC; he has well-represented the interests of state credit union supervisors,” said NASCUS President and CEO Lucy Ito. “And congratulations to other continuing and new members of the committee; we look forward to working with them.”

Ito also extended salutations to NCUA’s Harper to lead the exam council. “Chairman Harper is a terrific choice to lead the council, particularly with his strong understanding of the financial services regulatory framework, its interaction with credit unions, and his commitment to communication, cooperation and coordination,” Ito said.

About NASCUS

NASCUS is the national association that advocates for a strong and healthy state credit union system, and whose members include state regulatory agencies, credit unions, credit union leagues, and organizations that support the state credit union system. Our mission is to forge a vibrant dual charter system by promoting a relevant, growth-oriented, and healthy state charter option. More information about NASCUS can be found here.