Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
New commissioner named at Vermont DFR
MONTPELIER, Vt. (1/22/13)--Vermont Gov. Peter Shumlin has appointed Susan L. Donegan as commissioner of the Vermont Department of Financial Regulation (DFR), succeeding Steve Kimbell.

The department regulates state-chartered credit unions.

Donegan has been deputy commissioner of insurance since 2011, said the Association of Vermont Credit Unions (Newslines Express Jan. 18). She worked at the department from 1985 to 1990 and was the department's first director of securities regulation.

Donegan also has served as counsel to the commissioner and hearing officer at the Massachusetts Division of Insurance from 2008 to 2011. She represents Vermont at the National Association of Insurance Commissioners.

Former Commissioner Kimbell was at the center of national attention last summer when he threatened a cease and desist order against Montpelier-based Vermont State Employees FCU for using the word "bank" in marketing and advertising materials. The credit union and the commissioner eventually reached an agreement in October on the matter.


RSS print
News Now LiveWire
.@BelvoirFederal revamped the checking acct. it offers to active duty military members and achieved 23% growth on the product in 1 mo.
4 hours ago
.@FinancialCmte markup of Reg D Study Act set for Tuesday. CUNA will submit support letter. http://t.co/cDWkZ0Q0x1
8 hours ago
The 54th Western CUNA Management School graduated 89 students on July 25.
9 hours ago
.@CUNA Bank Secrecy Act training to reach 38 Mich. state examiners #NewsNow http://t.co/7HDPgwih8G
10 hours ago
St. Louis treasurer taps #creditunion to serve unbanked #NewsNow http://t.co/lWtcezJOej
7 25 ago