Santos named head of Office of Credit Unions

The State of Wisconsin Department of Financial Institutions has named Kim Santos head of the Office of Credit Unions, which regulates state-chartered credit unions.

Santos is a 20-year veteran of the OCU and most recently served as deputy director. Ginger Larson, who has served as director for the last nine years, announced she is retiring in June.

 “Kim will make an outstanding Director of the Office of Credit Unions,” said Peter Bildsten, secretary of the DFI. “Her two decades of experience in a variety of roles will serve the Office well.”

The DFI also named Georgia Maxwell executive assistant this week.

She has a variety of experience in both public and private positions, including five years as director of government affairs for the Credit Union League of Wisconsin and more than 10 years as a legislative staff member.

Maxwell most recently served as executive assistant at the Department of Workforce Development. Her responsibilities will include working with the state Legislature, Congress, business leaders and stakeholder groups to advance policies and fulfill the DFI’s mission.

 “Georgia is an outstanding addition to the DFI team,” Bildsten said. “Her legislative and private-sector experiences will be great assets for the Department as it strives to fulfill its mission of keeping Wisconsin’s financial institutions safe and sound.”

Finally, Michael Mach, division banking administrator for the DFI has been appointed to a two year term on the Federal Financial Institutions Examination Council’s state liaison committee.

The FFIEC prescribes uniform principles, standards and report forms for the federal examination of financial institutions. It also makes recommendations to promote uniformity in the supervision of financial institutions and conducts schools for examiners that are part of the five federal member agencies represented on the council: Office of the Comptroller of the Currency, Federal Reserve System, Federal Deposit Insurance Corporation, National Credit Union Administration and State Liaison Committee.

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