The reassignment of long-time Tennessee CU Supervisor Pat Murphy has left the NASCUS board shifting gears just as Murphy was scheduled to become the next chair of the state regulators group.
Murphy, who was scheduled to be elected NASCUS chair at next week's annual convention, was disqualified to serve because he is no longer the state's credit union supervisor. After more than 20 years with the credit union division, Murphy was reassigned as director of the Tennessee Department of Financial Institution's new Division of Consumer Affairs. Taking his place as acting CU Commissioner is Paul Foster, long-time deputy to Murphy. As a result, Roger Little, Michigan's credit union supervisor, is expected to be elected the new NASCUS chair with the expiration of the two-year term for current chair, Jerrie Lattimore of North Carolina.
The shift in the NASCUS board comes as the group is searching to replace Executive Director Doug Duerr, who was fired last month. Among the leading candidates for the job are Mary Martha Fortney, Duerr's deputy who is acting as executive director until a permanent replacement is hired. Fortney confirmed that she would like the permanent job.
Separately, the NASCUS CU Council is expected to elect Mike Litzau, president of Colorado Central CU, Arvada, Colo., as its new chair, succeeding outgoing Chair Loren Rush, head of Universal 1 CU, Dayton, Ohio.