New member, from Montana, named to state advisory council for federal regulators’ umbrella group

Melanie Hall, commissioner of the Montana Division of Banking and Financial Institutions, is the newest member of the State Liaison Committee (SLC) to the Federal Financial Institutions Examination Council (FFIEC), the umbrella group for federal financial regulators said Tuesday.

She joins the five-member council for a term that runs from May 1, 2020, through April 30, 2022. The SLC, made up of state financial institution regulators, advises the FFIEC on matters of importance to state banking and credit union regulators. The chairman of the group (Greg Gonzales, commissioner of the Tennessee Department of Financial Institutions) also serves on the FFIEC.

As Montana commissioner, Hall oversees supervision of all state-chartered banks and state-chartered credit unions, as well as licensing and examination of more than 500 non-bank financial entities. She also serves on the FDIC advisory committee of state regulators and on the board of the Montana Council on Economic Education.

Other members of the SLC are Stephen Pleger, senior deputy commissioner, State of Georgia, Department of Banking and Finance; John Ducrest, commissioner, Louisiana Office of Financial Institutions; Tom Fite, director, Indiana Department of Financial Institutions.

In addition to the SLC chairman, the FFIEC includes representatives from the Federal Reserve; the Federal Deposit Insurance Corp. (FDIC); the Consumer Financial Protection Bureau (CFPB); the Office of the Comptroller of the Currency (OCC); and the National Credit Union Administration (NCUA).

Hall Selected to FFIEC State Liaison Committee