State regulators’ panel reappoints chairman to one-year term, member to two-year term

Leadership was reappointed to the panel that represents state regulators on the umbrella group for federal financial institution regulators, along with another member, the group said Monday.

The Federal Financial Institutions Examination Council (FFIEC) said Thomas Fite was reappointed chairman of the group’s State Liaison Committee (SLC) to a one-year term ending on April 30, 2023. Fite is director of the Indiana Department of Financial Institutions, a position he has held since 2016.

Meanwhile, Melanie Hall was reappointed to a second, two-year term on the council (by her fellow council members), to run through April 30, 2024. Hall is commissioner of the Montana Division of Banking and Finance; she joined the SLC in 2020.

The SLC consists of five representatives of state banking and credit union agencies that supervise financial institutions. Members are designated by the Conference of State Bank Supervisors (CSBS), American Council of State Savings Supervisors (ACSSS), National Association of State Credit Union Supervisors (NASCUS), and the FFIEC itself. An SLC member may have his or her two-year term extended by the appointing organization for an additional two-year term, the FFIEC said.

Fite Re-Elected as State Liaison Committee Chairman

Hall Re-Appointed to FFIEC State Liaison Committee