AUSTIN, Texas–The Credit Union Commission of Texas has named John J. Kolhoff as the new commissioner of the Texas Credit Union Commission.
Kolhoff replaces Harold E. Feeney, who will be retiring from public service at year-end.
Kolhoff is currently special deputy director with the Michigan Department of Insurance and Financial Services, which he joined in 1994. As director of the Office of Credit Unions, Kolhoff is responsible for the safety and soundness supervision of 138 credit unions with approximately $50 billion in aggregate assets.
Kolhoff is known to many for having been active in the National Association of State Credit Union Supervisors (NASCUS), where he is currently chairman. He has also served as a state representative on Federal Financial Institutions Examination Council’s (FFIEC) Information Sharing Task Force.
When sworn in, Kolhoff will be the sixth credit union commissioner in the agency's 49-year history.
“The Cornerstone Credit Union League welcomes Mr. Kolhoff to the Texas Credit Union Department and offers our support to him as the new commissioner," said Cornerstone CU League President/CEO Caroline Willard in a statement. "He has a wealth of experience in the credit union industry, and we look forward to working with him.”