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Boards and Commissions

Last Update: 4/29/2021

Credit Union Council

Status
Current
Type of Board
Permanent
Authority
R.C. 1733.329
Total Membership
7
Dates of Appointment
2 each year
Term Length
3 years, or until member ceases to be a director or chief executive officer of a credit union;ex officio
Ending Date of Term
September 22
Report Requirements
Not applicable
Chairperson
Deputy Superintendent of Credit Unions
Subject To Sunset Review
Yes
Full-time
No
Restriction on Partisan Affiliation
No
Senate Confirmation Required
Yes
Expiration Date
December 31, 2024
Appointment Authority
Governor
Membership Composition
Members with other stated qualifications, Statewide elected officials/department heads
Compensation
Expenses Only
Staff Assistance
None specified
Additional Information
None
Qualifications
Governor appoints 6 members, at least 5 of whom must have credit union experience and at least 4 whom must be, at the time of appointment, a director or chief executive officer of a state-chartered credit union having its principal office in Ohio and doing business in Ohio under authority of the Superintendent of Financial Institutions. At least 1 member must be the director or chief executive officer of: a state-chartered, federally insured credit union, a state-chartered, privately insured credit union, and a state-chartered credit union with $100 million or less in assets. None of the members may serve for more than 2 consecutive terms. If a Council member ceases to be a director or chief executive officer of a credit union for more than 90 days, the member is ineligible to continue to serve. Deputy Superintendent of Credit Unions is a member.