Feeney joins FIEC panel.NASCUS has named Texas Credit Union Commissioner Harold E. Feeney to the Federal Financial Institutions Examination Council's State Liaison Committee. Feeney, who has been Texas' top regulator of credit unions since 1996, held several positions with NASCUS, including chairman. His term on the committee began April 1 and runs through March 31, 2011. He replaced Sandra Branson, director of the Missouri Division of Credit Unions, whose term has expired. The council is made up of representatives of several agencies that regulate financial services, and it prescribes uniform principles, standards and report forms for the federal examination of financial institutions by the Board of Governors of the Federal Reserve System Board of Governors of the Federal Reserve System The managing body of the Federal Reserve System, which sets policies on bank practices and the money supply. , the FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). , NCUA, the Office of the Comptroller of the Currency The Office of the Comptroller of the Currency (or OCC) was established by the National Currency Act of 1863 and serves to charter, regulate, and supervise all national banks and the federal branches and agencies of foreign banks in the United States. , and the Office of Thrift Supervision The Office of Thrift Supervision (OTS) was established as a bureau of the Treasury Department in August 1989 as part of a major Reorganization Plan of the thrift regulatory structure mandated by the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) (12 U.S.C.A. . It is also charged with making recommendations that make regulatory policy more uniform. |
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