LANSING, Mich. — Kenneth Ross, a former vice president of regulatory and legal affairs for the Michigan Credit Union League, has became the state's top CU regulator after holding down the job on an interim basis for the last six months.
The league hailed the appointment as a milestone in recent state history since "this is the first time that an individual with a credit union background has ever served as the state's chief regulator of financial institutions."
Ross, 40, joined the Office of Financial and Insurance Services in 2003 as chief of staff to former Commissioner Linda Watters and was later promoted to deputy commissioner for policy, serving as acting head last October following Watters' resignation.
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