PRESS RELEASE

January 3, 2011

Michigan Commissioner Ken Ross Appointed to NASCUS Board of Directors

Arlington, Va. — NASCUS Chairman Tom Candon (VT) announced that Ken Ross, the commissioner of the Michigan Office of Financial and Insurance Regulation, was appointed to the NASCUS Board of Directors.

Ross will fill the unexpired term of Roger Little, also of Michigan, who retired from his state regulatory career on January 1, 2011. Ross' term will run until September 2011.

Ross has served as commissioner of the Michigan Office of Financial and Insurance Regulation since February 2008. Before being appointed Commissioner, Ross served as the Deputy Commissioner for Policy and the Commissioner's Chief of Staff. Prior to coming to OFIR, Ross served as the Vice President of Regulatory and Legal Affairs for the Michigan Credit Union League.

"NASCUS welcomes Commissioner Ross to our NASCUS Board of Directors," said NASCUS President and CEO Mary Martha Fortney. "We are confident he will provide great value and expertise to our esteemed group of state regulators. NASCUS looks forward to working with Commissioner Ross during the coming months. "


Information Contact:
Kate Hartig, VP, Public Relations and Legislative Affairs, (703) 528-0669 or kate@nascus.org
The NASCUS mission is to enhance state credit union supervision and advocate a safe and sound state credit union system.