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News Now

CU System
Cavazos Named Chair Of Texas CU Commission
AUSTIN, Texas (4/16/13)--Texas Gov. Rick Perry has named Manuel "Manny" Cavazos IV of Austin, Texas, chair of the Texas Credit Union Commission, and has appointed three members to the commission for terms that expire Feb. 15, 2019.

The commission supervises the department, which regulates all credit unions organized and chartered under the laws of the state of Texas, according to a release from Perry's office.

Cavazos is an attorney and certified public accountant (CPA) in private practice and rancher. He is a member of the Texas Society of CPAs, American Bar Association, American Immigration Lawyers Association, California State Bar, and National Association of Consumer Bankruptcy Attorneys.

New Credit Union Commission members are:

  • Allyson "Missy" Morrow of San Benito, CEO of the Harlingen (Texas) Area Teachers' CU. She is secretary for District 10 of the Texas Credit Union League, a board member of the Texas Credit Union Foundation, and a member and past board member of the Magic Valley Chapter of Credit Unions.
  • Barbara "Kay" Stewart of Daingerfield, president/CEO of the North East Texas CU in Lone Star. She is a board member of the Texas Credit Union League.
  • Vik Vad of Austin, a licensed real estate broker and president of Om Capital Management Inc. He is a member of the Austin Board of Realtors and a volunteer for the Capital Area Food Bank.
The appointments are subject to State Senate confirmation.


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