California DFI shuffles CU division staff

SACRAMENTO, Calif. (11/6/09)--The California Department of Financial Institutions (DFI) announced management changes in its Credit Union Division.

The changes may affect a credit union's point of contact for administrative applications--such as field of membership expansions, bylaw amendments, merger applications, statutory approvals and regulation variances, said the DFI.

The changes also may affect examination scheduling, and other relevant dialogue regarding a credit union's strategic business plans and general financial condition, DFI said.

Also, two new regional portfolio management positions were established to provide better coverage for the increasing workloads of regulatory matters relating to state-chartered credit unions, DFI added.

In Northern California, Lara Leung will be joining Lana Tom, out of San Francisco, as the two portfolio managers for that area.

In Southern California, Les Thompson will be joining Joni Kimbrell, as the two portfolio managers for that area.

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