Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Ohio league meets with new superintendent of FIs
COLUMBUS, Ohio (2/11/11)--Ohio Credit Union League officials met this week with the new superintendent of the Ohio Division of Financial Institutions (ODFI) to discuss the strength of Ohio’s credit unions and benefits of the state credit union charter. Paul Mercer, league president; Becky Hart, league communications director; and John Kozlowski, league general counsel, met with the new ODFI Superintendent Charles Dolezal and Deputy Superintendent of Credit Unions Mike Wettrich. Dolezal has 33 years of banking experience and in his new position oversees state-chartered credit unions (eLumination Newsletter Feb. 9). Also discussed were member business lending and the role credit unions can play in economic development; small-business lending initiatives; regulatory relief legislation for small businesses, financial and insurance services; and public funds, the league said. The ODFI officials were briefed on federal issues such as interchange, credit unions’ efforts to lift the member business lending cap to 27.5% of assets from 12.25%, and supplemental capital. Dolezal raised the topic of financial education and noted the importance of teaching financial basics at a young age. He was interested in the initiatives credit unions have underway with local schools, the league said.


RSS print
News Now LiveWire
.@TheNCUA open board meeting starts at 10 a.m. ET tomorrow. It is board member J. Mark McWatters' first. Watch @NewsNowLiveWire
7 hours ago
.@CFPB is proposing to oversee larger nonbank auto finance companies for the first time at the federal level.
8 hours ago
.@CUNA's Bill Hampel moderates a discussion on the future of credit unions in the post-100 million member world. http://t.co/kcXykiRQVn
11 hours ago
#Breaking: QE likely to end next month, @federalreserve says #NewsNow #Market http://t.co/u7Fb5l5fwM
11 hours ago
.@Experian study confirms that building a credit history is beneficial to financial marginalized communities. 64M are "credit invisibles"
11 hours ago