Former League Staffer Hired By State Regulator

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The state Office of Financial and Insurance Services, which is in the process of writing administrative rules implementing the state's new credit union statute, has hired Ken Ross away from the Michigan Credit Union League as one of its top executives.

Ross, who helped draft the new credit union law as vice president for legal affairs at the league, will serve as chief of staff for OFIS Commissioner Linda Watters. OFIS is the chief regulator for Michigan's 270 state chartered credit unions.

Patrick La Pine, the league's chief lobbyist and head of governmental affairs, will assume expanded duties that will include the regulatory affairs function.

Ed Roberts can be reached at eroberts cujournal.com.

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