Boards and Commissions
Ohio Legislative Service Commission
Credit Union Council
Status | Type of Board | Full-time | Expiration Date |
---|---|---|---|
Current | Permanent | No | 12/31/2024 |
Subject to Sunset Review | Partisan Affiliation Restriction | Senate Confirmation Required |
---|---|---|
Yes | No | Yes |
Authority | Total Membership |
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R.C. 1733.329 | 7 |
Dates of Appointment | Term Length | |
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2 each year | 3 years, or until member ceases to be a director or chief executive officer of a credit union;ex officio |
Ending Date Of Term | Report Requirements |
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September 22 | Not applicable |
Appointment Authority | Membership Composition |
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Governor | Members with other stated qualifications, Statewide elected officials/department heads |
Compensation | Staff Assistance | ||
---|---|---|---|
Expenses Only | None specified |
Chairperson | Additional Information |
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Deputy Superintendent of Credit Unions | None |
Qualifications |
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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. |