More Change at the Top for NASCUS

By Aaron Passman

Published June 05, 2014, 12:10 p.m. EDT

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Updated August 26, 2020, 9:38 p.m. EDT

1 Min Read

ARLINGTON, Va. — There is more turnover at the top at NASCUS after chairman John Kolhoff resigned earlier this week due to increasing duties in his role as a Michigan regulator.

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Kolhoff's resignation comes just months after longtime NASCUS President/CEO Mary Martha Fortney announced that she would retire later this year after 21 years with the association. Her replacement is expected to be named by the end of the year.

Kolhoff, who also serves as director of the Office of CUs in Michigan's Department of Insurance and Financial Services, served 10 months as a director for NASCUS. He is set to be succeeded by Michael Wettrich, deputy superintendent for CUs within the Department of Financial Institutions in the Ohio Department of Commerce.

Prior to taking on the short-lived role of chairman, Kolhoff served as secretary/treasurer of NASCUS from June 2012 to January 2013 and began serving on the association's board in 2011. He joined the association in 2003.

Editor

Aaron Passman is editor of Credit Union Journal, the nation’s leading credit union news resource. He was appointed editor in 2018 after two years as... Read full bio

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