Lucy Ito plans to retire as president and CEO of the National Association of State Credit Union Supervisors.
Ito said in a Monday press release that she will step down at the end of this year. The association has created a search committee and has hired D. Hilton Associates to conduct a nationwide search for its next leader.
"The organization would not be where it is today without Lucy’s thoughtful leadership, knowledge and commitment," Rose Conner, who chairs the NASCUS board, said in the release. "During her time at NASCUS, Lucy has been committed to providing outstanding service to our membership, and for that, we are sincerely grateful."
While at NASCUS, Ito advocated for policies to create balance and equity between state and federal credit unions. She also established a network of engagement and collaboration for state regulators.
Before joining NASCUS in 2014, Ito was the chief operations officer at the California and Nevada Credit Unions Leagues and was a vice president of the World Council of Credit Unions.
"Working with both regulators and credit unions over my entire career has been tremendously fulfilling," Ito said in the release. "It has been a true privilege to work alongside the very best in the industry and lead NASCUS over these past seven years."
NASCUS advocates for 2,020 state-chartered credit unions that hold $934 billion of assets.
