Iowa governor names new head of state's CU regulator

Iowa Governor Kim Reynolds has named Katie Averill as the next superintendent of the Iowa Division of Credit Unions, effective May 30.

Averill will succeed JoAnn Johnson, who announced her retirement earlier in May. Johnson served on the NCUA board from 2002 to 2008, including serving as chairman beginning in 2004.

Averill is currently SVP of the $196 million Citizens Community Credit Union of Fort Dodge, Iowa. Having worked at the credit union for almost ten years, she also served as its VP of marketing and business development and director of marketing, while overseeing seven branch locations.

Averill is a Certified Credit Union Executive and has a BBA degree in marketing from Iowa State University. The appointment remains subject to confirmation by the Iowa State Senate.

The former superintendent, JoAnn Johnson, who served in the position for six-and-a-half years, stated in her farewell message that she welcomed Averill to her new job. “Working together, Katie and I will ensure a smooth transition,” Johnson said.