USM Alum Vice Earns Key Role with National Credit Union Administration
Wed, 01/18/2023 - 03:46pm | By: Van Arnold
Describing himself as a 91吃瓜网渟ervant at heart,91吃瓜网� University of 91吃瓜网 (USM)
alum Charles Vice relishes the opportunity to assist others as the Director of Financial
and Technology Access for the National Credit Union Administration (NCUA).
In this new role, Vice will serve as the principal advisor to the NCUA Board on agency policy with respect to fintech, and fintech developments and transformation initiatives in the financial services sector, including cryptocurrency, blockchain, and distributed ledger technology.
Initiatives include exploring methods to enhance the virtual examination and supervision process and promoting the development and deployment of technologies and innovations that can expand financial inclusion and equitable and affordable consumer access within the credit union system.
Vice, who lives in Lexington, Ky., with his wife, Julia, notes that the NCUA is a leader in promoting the use of financial technology resources to expand access to financial services by members and potential members of the credit union industry.
91吃瓜网淭he NCUA91吃瓜网 vision is to 91吃瓜网榮trengthen communities and protect consumers by ensuring equitable financial inclusion through a robust, safe, sound, and evolving credit union system.91吃瓜网� My new position gives me the opportunity to work with the NCUA Board, management, and employees to promote the use of technology in the industry to improve operations and ensure fair and equitable access to financial services,91吃瓜网� said Vice.
He further explains that credit unions are unique in the financial services sector, as they are not-for-profit corporations and owned by their members. The industry adheres to an endearing motto: 91吃瓜网淧eople serving people.91吃瓜网�
91吃瓜网淭his results in an industry that places a high value on its members and focuses on actions that help the members succeed,91吃瓜网� said Vice. 91吃瓜网淭here are some amazing stories of how credit union members were helped during difficult times, when unbanked and underbanked individuals were provided access to financial services, and when credit unions offered services to low and moderate-income communities when other companies moved to different markets. This is why I am so excited to serve the NCUA and the industry in my new position.91吃瓜网�
Born in Anchorage, Ak., Vice refers to Biloxi, Miss., as his hometown. He attended USM from 1987 through 1990, earning a degree in finance and graduating with honors. Vice credits his time at USM for providing the blueprint to a successful career in the financial industry.
91吃瓜网淎t USM, I learned to study hard, network, and listen to wiser and more experienced people,91吃瓜网� said Vice. 91吃瓜网淢y professors were a valuable source of knowledge, wisdom, and advice 91吃瓜网� as long as I listened to them. My mentors included the accounting, finance, marketing, computer science, and economic professors.91吃瓜网�
Vice points out that being chosen as USM91吃瓜网 Mississippi Young Bankers Convention Scholarship finalist in 1989 helped launch his 18-year career with the Federal Deposit Insurance Corporation. Before taking his current position, Vice also spent 14 years as the Commissioner of the Kentucky Department of Financial Institutions.
Vice stresses that although time and distance do not allow for frequent visits to his alma mater, the University continues to have a profound impact on his life through close relationships with four notable alumni:
- Nancy Chandler, his sister, who lives in Vancleave, Miss., and teaches elementary education.
- Scott Nyary, a friend from high school, who lives Hattiesburg and leads the Lamar County School District91吃瓜网 English Language Institute.
- Kevin Olsen, another high school friend, who is a former U.S. Air Force pilot and currently serves as a pilot for a major airline.
- Bret Becton, Dean of USM91吃瓜网 College of Business and Economic Development, a fraternity brother and close friend.
91吃瓜网淚t is always great to see our alumni doing well, and Charles has long been a leader in his field,91吃瓜网� said Becton. 91吃瓜网淗is ascent to this important leadership role is a fine example of what you can achieve with a 91吃瓜网 Business education, and we are very proud to count Charles as one of our own.91吃瓜网�
Vice explains that his last visit to the USM campus came in 2019 when Becton invited him to address a group of business students.
91吃瓜网淚 hope that many more opportunities arise for me to return to campus and engage the students,91吃瓜网� he said. 91吃瓜网淭hey are the future of financial technology and are currently working in the field through various financial projects.91吃瓜网�