Rick St. Onge Re-Elected President of MTRA

In September, the Money Transmitter Regulators Association (MTRA) held its annual Regulatory Conference. During that event, the membership elected Rick St. Onge to continue to serve on the Board of Directors, which then appointed him to serve a second, two-year term as President.

MTRA provides a forum for state regulators to exchange information and education regarding licensing, supervision, and regulation of the money services business industry.

St. Onge is currently the acting Director of Consumer Services (CS). Consumer Services implements the state’s money services business program. St. Onge served formerly as the CS Chief of Examinations since 2012. Prior to joining DFI in 2003, St Onge owned and operated a mortgage broker and mortgage banker company.