Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Fortney retiring from NASCUS after 21 years
ARLINGTON, Va. (2/24/14)--After more than 21 years with the National Association of State Credit Union Supervisors (NASCUS)--11 as president/CEO--Mary Martha Fortney is retiring.
 
She joined NASCUS in 1993 as director of accreditation and communications, where she was responsible for the NASCUS state accreditation program and for NASCUS written communications.
 
During Fortney's tenure, NASCUS became a known voice in Washington, D.C. The association now routinely works with the other financial regulators and policymakers to reshape regulation.
 
Fortney was an early advocate for responsible charter advancements in secondary capital, expanded and diversified fields of membership, business lending, protecting credit union unrelated business tax exemption (UBIT), and protecting state authority. 
 
"NASCUS, state regulators and state credit union officials are appreciative of Mary Martha's tireless efforts on behalf of the dual charter during her tenure.  She has led NASCUS through an important period of credit union history and positioned NASCUS to continue to evolve with the industry as we look forward to the future," said Catherine Tierney, advisory council chair.
 
Fortney's career will be honored at the 2014 NASCUS Annual State System Summit Sept. 10-12 in Nashville, Tenn.
 
The NASCUS board and advisory council have started the search process for the next CEO, who is expected to be announced during the fourth quarter of this year.


RSS print
News Now LiveWire
3 Atlanta fed judges recuse themselves from Home Depot data breach suits via @AtlBizChron http://t.co/lfPgOXZ7sO
9 hours ago
How may falling gas prices impact the U.S. economy? Find out tomorrow in #NewsNow #Market http://t.co/Q9ec9DGLDN
10 hours ago
News of the comp. for tomorrow: Big bank unveils plans for massive $6.5 billion new headquarters #NewsNow #Market
12 hours ago
Consumer confidence surges to 7-year high #NewsNow #Market http://t.co/fMEENGuWPi
12 hours ago
Charlotte Cash, CEO of @COFCU , is engaging members by producing videos on various subject of financial interest to members.
13 hours ago