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News Now

CU System
Wisconsin league NASCUS welcome new CU regulator
PEWAUKEE and MADISON, Wis. (1/25/11)--The Wisconsin Credit Union League has congratulated Wisconsin Gov. Scott Walker on the appointment of Ginger Larson as director of the Office of Credit Unions. Larson, who held the director position from 1996 to 2003, most recently was a supervisor in the Office of Credit Unions. She was among the appointees announced Monday by New Department of Financial Institutions (DFI) Secretary Peter J. Bildsten. She succeeds Suzanne Cowan. Larson also has seven years' experience as a credit union employee. She was on the National Association of State Credit Union Supervisors (NASCUS) board of directors during her previous term as director and served as board secretary/treasurer for several years, said NASCUS. Currently, she is chairman of the NASCUS Audit Committee and a trustee of the organization's educational foundation, the National Institute for State Credit Union Examination (NISCUE), and is a past NISCUE chairman. " With Director Larson as the chief credit union regulator, Wisconsin will have a very experienced and well-qualified leader ensuring the continued strength and safety of the member-owned financial institutions that serve 2.2 million Wisconsin consumers," said league President Brett Thompson. "We pledge to work closely with Director Larson and state examiners from the Office of Credit Unions to maintain the consistently strong performance of credit unions so that they can help individuals, families and small businesses in ways that for-profit institutions typically won't extend themselves," Thompson said. Mary Martha Fortney, NASCUS president/CEO, noted that Larson "is a long-time, active member of NASCUS and the state credit union community. NASCUS and state regulators extend our congratulations and look forward to continuing to work with Ginger as she returns to lead the Wisconsin Office of Credit Unions. NASCUS would also like to gratefully acknowledge Sue Cowan, the immediate past Wisconsin Office of Credit Unions Director, for her great contributions to NASCUS as a member, board director and officer.”


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