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LSCU sends two names to Gov. Bentley for ACUA administrator

One of Alabama Gov. Robert Bentley's first credit union related tasks will be to appoint a new Alabama Credit Union Administration (ACUA) Administrator. Current ACUA Administrator Glenn Latham has indicated he will not seek re-appointment to the position.

 

The LSCU sent a letter this morning to Gov. Bentley asking him to consider Bill Hallmark and Larry Morgan for the job. Gov. Bentley has asked the League to submit some names to be considered for the position. Below is a snapshot of Bill and Larry's background:

 

Bill Hallmark served as CEO of COMALA credit union in Montgomery until his retirement in 2007. Prior to that, he has served as CEO or General Manager of credit unions since 1970. In addition, he served on the board of directors of the Alabama Credit Union League (the predecessor organization to the LSCU) for 14 years as well as serving for 10 years as a Director of the Credit Union National Association (CUNA). He also served as president of the Credit Union Manager’s Association. In addition, he was a member of the Federal Reserve Bank’s Financial Institutions’ Advisory Committee.

 

Larry Morgan served as CEO of APCO Employees Credit Union in Birmingham until his retirement at the end of 2010. APCO is the state’s largest state chartered credit union. Larry currently serves as the Chairman of Corporate America Credit Union. He has served on the Advisory Board of the Alabama Credit Union Administration, having been appointed by Gov. Riley in 2005 and reappointed again by Gov. Riley in 2008. Larry is also a former employee of the Alabama Credit Union League.

 

It is not known when Gov. Bentley will offer his appointment. It may come as early as February. Latham will stay on as administrator until a new person is appointed. Click here to read the full letter sent to Gov. Bentley.

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