370.062.  Duties. — The credit union commission shall:

  (1)  Approve or disapprove each regulation proposed by the director of the division of credit unions;

  (2)  Hear and determine any appeal from an order or decision by the director of the division of credit unions pertaining to the chartering, relocation, branching or membership of credit unions; and

  (3)  Consult with and advise the director on matters pertaining to the organization, operation, and supervision of credit unions.