Lucy Ito, executive vice president and chief operations officer for the California and Nevada Credit Union Leagues has been named the new president/CEO of NASCUS, the organization announced Wednesday. She will replace Mary Martha Fortney, who will retire later this year.
“The board and advisory council deeply appreciate Mary Martha's enthusiastic service to NASCUS and wish her the very best in retirement.” “She has been a great friend and resource to all NASCUS members, both credit unions and regulators alike. At the same time, “We look forward with great anticipation to a new era for NASCUS under Lucy's dynamic and innovative leadership,” said Stephen S. Pleger, chairman of the NASCUS Board and senior deputy commissioner, Georgia Department of Banking and Finance. “Possessing exceptional qualities of professionalism, energy, and intelligence combined with a career committed to advancing the credit union system in its service of the financial needs of consumers and small businesses, Lucy is uniquely qualified to lead NASCUS in promoting a healthy, vibrant, and innovative state credit union system.”
Ito has been with the California and Nevada leagues for the past 10 years, providing oversight to all four of the organizations' divisions, including advocacy, member solutions, strategic innovation and planning, and finance and human resources, NASCUS said in a release.
“I am honored and thrilled to have this opportunity to work with the board and advisory council of NASCUS because I believe the state-chartered credit union system offers the greatest opportunity to advance the personal finance interests of American consumers by assuring not only the safety and soundness of credit unions but also the future viability of the credit union business model,” Ito said. “NASCUS fosters a unique working collaboration between state credit union regulators and credit union practitioners. As a result of this dynamic dialogue, the state-chartered credit union system allows local state conditions to drive advances such as field of membership expansions that make sense, locally, enabling credit unions to thrive and consumer-members to prosper.”
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