Lucy Ito Named New CEO of NASCUS
September 9, 2014
September 9, 2014
The National Association of State Credit Union Supervisors (NASCUS) last week named Lucy Ito, the chief operations officer for the CUNA-affiliated California and Nevada Credit Union League, its new president and CEO. Ito will replace Mary Martha Fortney, who will retire from the position later this year.
“I am honored and thrilled to have this opportunity to work with the board and advisory council of NASCUS,” said Ito, “because I believe the state-chartered credit union system offers the greatest opportunity to advance the personal finance interests of American consumers by assuring not only the safety and soundness of credit unions but also the future viability of the credit union business model.”
Ito has been with the California and Nevada leagues for the past 10 years, most recently providing oversight to all four of the organization’s divisions, including advocacy, member solutions, strategic innovation and planning, and finance and human resources.
“We look forward with great anticipation to a new era for NASCUS under Lucy’s dynamic and innovative leadership,” said Stephen S. Pleger, chairman of the NASCUS board and senior deputy commissioner of the Georgia Department of Banking and Finance.
Fortney built a nimble team that focused on results-oriented advocacy, building partnerships, and providing technical expertise. The organization enjoyed numerous successes during her tenure.
“We thank Fortney for her many years of contributions to the Movement,” said Troy Stang, CEO of the Northwest Credit Union Association, “and we could not have asked for a more competent and capable new leader than Lucy Ito. Lucy understands the relationship between state supervisory authorities and the National Credit Union Administration, and the importance a healthy dual charter system plays in today’s financial services landscape.”
NASCUS was formed in 1965 to protect the dual chartering system by enhancing state credit union supervision. The organization provides a voice in Washington for state regulatory authorities, as well as, state accreditation, and excellent training and education opportunities.
The Association looks forward to partnering with NASCUS to forge a path forward that will allow our state charters to continue to grow, thrive and succeed.
Questions about this story? Contact James Pearson: 206.340.4790, firstname.lastname@example.org.
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