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Matt Hunoval, founder of the Charlotte-based Hunoval Law firm, has been appointed by Governor Pat McCrory to serve as a member of North Carolina’s State Banking Commission. Together with the Office of the Commissioner of Banks, the two bodies regulate North Carolina's state-chartered commercial banks, savings banks, savings and loan associations, and trust companies.
"I'm humbled by the trust and confidence that Governor McCrory has expressed in my appointment to the North Carolina State Banking Commission," Hunoval said. "I look forward to re-entering public service, serving the people of North Carolina and helping improve the regulatory environment related to an industry that employs many thousands of North Carolinians and contributes nearly $238 billion to the North Carolina economy."
The groups also regulates various financial institutions operating in North Carolina, including consumer finance companies and mortgage lenders and brokers.
The commission consists of the State Treasurer and 14 appointed members. Hunoval's appointment is effective April 1, 2014.
