FOR IMMEDIATE RELEASE
May 11, 2023
NASCUS Regulator Board Vice Chair, Katie Averill Unanimously Reconfirmed as Iowa Superintendent of Credit Unions
ARLINGTON, VIRGINIA — The National Association of State Credit Union Supervisors (NASCUS) proudly announces that Regulator Board Vice Chair, Katie Averill, has been confirmed for a third consecutive term as Iowa’s Superintendent of Credit Unions with a unanimous vote of Senate approval.
This appointment, made by the Governor and subject to Iowa Senate confirmation, is a crucial position in the state, charged with overseeing the supervision, control, and enforcement of laws, bylaws, rules, and regulations pertaining to the organization and operation of credit unions under a state charter.
“I am proud to be unanimously confirmed by the Iowa Senate to continue to serve Iowans as the Superintendent of the Credit Union Division,” commented Katie Averill.
Superintendent Averill’s confirmation was a resounding success. In Iowa, a two-thirds majority vote is required for confirmation. However, all 50 senators voted in favor of Averill’s reconfirmation, with none opposed. As the Superintendent of Credit Unions, she leads the Credit Union Division to protect the interests and rights of more than 1.5 million members across all 99 counties, with $36 billion in regulated assets.
NASCUS congratulates Katie Averill on her well-deserved confirmation and looks forward to her continued leadership in the years to come.
Recently, Averill organized an inaugural Superintendent’s Day for credit union board chairs, bringing national speakers and economic development leaders together to discuss current and evolving issues. Additionally, Averill has actively participated in credit union chapter meetings and annual meetings, as well as engaged in one-on-one collaborations with CEOs.
The Superintendent and her team ensure compliance with state laws and regulations by regularly examining and analyzing each credit union’s operations.
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