(May 7, 2021) Tom Fite, director of the Indiana Department of Financial Institutions, is now chairman of the State Liaison Committee (SLC) of the FFIEC, the group said this week. He will serve a one-year term as SLC chairman from May 1 to April 30, 2022.
Fite was also reappointed to a two-year membership term on the SLC, which he first joined in 2017. Director of the Indiana regulator’s office since January 2016, Fite served before that as deputy director of the department’s depository division and, for 15 years prior to that, served in field examination and regional supervision.
In a statement FFIEC Chairman, and NCUA Board Chairman, Todd Harper congratulated Fite as a fellow Hoosier. “ Tom’s examination and supervision acumen, along with his state regulatory experience and working knowledge of the SLC, make him an ideal choice for Chairman,” Harper said. “I look forward to working with him on the important work of the Council.”
The five-member SLC, in addition to Fite, also includes:
- Steve Pleger, State of Georgia, Department of Banking and Finance senior deputy commissioner, designated by NASCUS; he is a current NASCUS Board member and a former chairman of the Regulator Board;
- Kevin Allard, Ohio Division of Financial Institutions superintendent, designated by the American Council of State Savings Supervisors (ACSSS);
- Melanie Hall, Montana Division of Banking and Financial Institutions commissioner, confirmed by the council; and
- Susannah Marshall, Arkansas State Bank Department commissioner, designated by the Conference of State Bank Supervisors (CSBS.