|For immediate release||April 3, 2017|
Gonzales, Hughes and Jones Reappointed to FFIEC State Liaison Committee
The Federal Financial Institutions Examination Council (FFIEC) announced today the reappointments of Greg Gonzales, Mary Hughes, and Caroline Jones to the Council's State Liaison Committee (SLC).
Greg Gonzales’ SLC nomination was first confirmed by the Conference of State Bank Supervisors (CSBS) in February 2016, to complete a partial term vacancy created by the resignation of Lauren Kingry. Today marks the beginning of Gonzales’ first two-year term, which will continue through March 31, 2019.
Gonzales is the 18th commissioner of the Tennessee Department of Financial Institutions. He began serving in this role in 2005 and was reappointed by Governor Bill Haslam. He has served in the department since 1986. In this position, Gonzales serves as Tennessee’s chief regulatory officer of all state-chartered depository and licensed non-depository financial institutions. Additionally, he has served as assistant commissioner and general counsel for the department. Gonzales is a past Chairman of CSBS, and currently serves on both the Board of Directors of the Tennessee Financial Literacy Commission and a national task force studying how new technologies are affecting the U.S. payment systems.
Mary Hughes’ SLC nomination was first confirmed by the National Association of State Credit Union Supervisors (NASCUS) in January 2015, to complete a partial term vacancy created by the resignation of Thomas Candon upon his retirement. On April 1, 2015, Hughes commenced her first two-year term in this role. Today marks the beginning of Hughes’ second two-year term, which will continue through March 31, 2019.
Hughes serves as the Acting Director of the Idaho Department of Finance. She was first employed by the Department as a Deputy Attorney General in 1990, and has since served as the Department’s Lead Attorney, Consumer Finance Bureau Chief, and Financial Institutions Bureau Chief. Hughes has served as an officer and director of NASCUS and the American Association of Residential Mortgage Regulators and as an officer of the Business and Corporate Law Section of the Idaho State Bar. She remains an active member of the Idaho State Bar.
Caroline Jones’ SLC nomination was first confirmed by the American Council of State Savings Supervisors (ACSSS) in April 2015, for a two-year term. Today marks the beginning of Jones’ second two-year term, which will continue through March 31, 2019.
Jones serves as the Commissioner of the Texas Department of Savings and Mortgage Lending. Jones joined the Texas Department of Savings and Mortgage Lending in March 2008, and was appointed Commissioner on June 1, 2014. Her previous experience includes serving as in-house counsel at Temple-Inland Mortgage Company-Guaranty Bank, and in-house counsel at the Farm Credit Bank of Texas. Her main area of practice has been residential mortgage lending. She is a graduate of the Governor’s Executive Development Program through the Lyndon B. Johnson School of Public Affairs and is a graduate of Leadership Austin. Jones currently serves as the Board Chair of the American Council of State Savings Supervisors.
Additional members that currently make up the five-member SLC also include:
The FFIEC was created by the Federal Financial Institutions Regulatory and Interest Rate Control Act of 1978 to prescribe uniform principles, standards, and report forms for the federal examination of financial institutions, and to make recommendations to promote uniformity in the supervision of financial institutions. It also conducts schools for examiners employed by the five federal member agencies represented on the FFIEC and makes those schools available to employees of state agencies that supervise financial institutions.
The FFIEC consists of the following six voting members: a member of the Board of Governors of the Federal Reserve System; the Chairman of the Federal Deposit Insurance Corporation; the Director of the Consumer Financial Protection Bureau; the Comptroller of the Currency; the Chairman of the National Credit Union Administration; and the Chairman of the SLC.
The SLC consists of five representatives of state banking and credit union agencies that supervise financial institutions. Members are designated by the CSBS, ACSSS, NASCUS, and the FFIEC. An SLC member may have his or her two-year term extended by the appointing organization for an additional, two-year term.