CCUL Headlines: Political

Richards Green announced as new SC Commissioner of Banking

Wednesday, February 13, 2019   (0 Comments)
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Chairman of the SC BOFI Curtis Loftis and newly appointed Commissioner of Banking Richards Green. (Photo: Columbia Business Monthly)

South Carolina Treasurer and Chairman of the State Board of Financial Institutions Curtis Loftis announced that Richards H. Green has been promoted to serve as the next Commissioner of Banking for the state.

Green has spent his entire career with the State Board of Financial Institutions, the agency charged with chartering, examining, and regulating SC state-chartered banks and credit unions. From an entry-level bank examiner position in 1999 to his latest role as chief examiner, Green’s career as a regulator steadily progressed throughout the ranks as he took on more responsibility, oversaw more complex financial institutions, and managed other examiners during his 20 years with the agency.

“Rick has twenty years of experience working with the agency and, we know, much to offer as its new leader," said CCUL President/CEO Dan Schline. "We are certainly looking forward to working with him to ensure state-chartered credit unions are well positioned to meet the needs of their members in South Carolina. We congratulate Rick on his new role and thank Treasurer Loftis and the SC Board of Financial Institutions for its work in selecting our new commissioner.”

The Office of the Commissioner of Banking is responsible for chartering and supervising all SC state-chartered banks, savings and loan associations, savings banks, credit unions, and trust companies.

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