Abrupt Resignation From NASCUS Chair
John Kolhoff, chairman of the National Association of State Credit Union Supervisors, a position he has held for only 10 months, submitted his resignation effective June 2nd. Kolhoff who is the Director of the Office of Credit Unions for Michigan cited his increasing responsibilities as a Michigan regulator as the reason for his abrupt departure. NASCUS is currently searching for a new CEO to replace long-time CEO, Mary Martha Fortney, who is retiring. [6/5]