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Ohios new regulator meets with league committee
COLUMBUS, Ohio (3/31/11)--Ohio Division of Financial Institutions Superintendent Chuck Dolezal and Deputy Superintendent for Credit Unions Mike Wettrich recently met with the the Ohio Credit Union League’s Ohio Government Affairs Committee.
The Ohio Credit Union League’s Ohio Government Affairs Committee met with state financial institution regulators on March 17 to discuss issues of impact to credit unions. Pictured from left: Catherine Herring, CEO of Communicating Arts CU, Cincinnati; Jennifer Ferguson, CEO, Bay Area CU, Oregon; Chuck Dolezal, Ohio Division of Financial Institutions Superintendent; Steve Behler, president/CEO, Kemba CU, West Chester; and Mike Wettrich, Deputy Superintendent for Credit Unions. (Photo provided by the Ohio Credit Union League)
During the hour-long meeting, Dolezal and the committee discussed small business and student lending, opportunities to work with the department on partnership opportunities and the state budget deficit and its potential impact on credit unions (Ohio Credit Union League eLumination March 23) Dolezal emphasized the importance of credit union board education and oversight as it applies to CAMEL rating, said the league. He acknowledged credit unions’ difference in structure and mission, and said he was impressed with the capital levels of Ohio credit unions and their loyalty to the communities they serv. “Meeting with Superintendent Dolezal was an excellent opportunity to discuss emerging issues with him that could have long-term effects on credit unions,” said Paul Mercer, president of the league. “We look forward to continued meetings regarding small business and economic initiatives, and burdensome laws and regulations.”


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