ALEXANDRIA, VA (August 4, 2014) -- National Credit Union Administration Board Chairman Debbie Matz today designated Board Member Rick Metsger as Vice Chairman of NCUA, effective immediately.
“Rick has built on his experience and knowledge as a legislative leader and a credit union board member to become a strong, objective, and thoughtful regulator,” Matz said in making the designation. “Rick is faithfully committed to our shared goal of protecting the safety and soundness of America’s credit unions and the 97 million members who count on NCUA to insure their funds. During his time on the Board, Rick has stood firm on regulatory principles, asked insightful questions, and strived toward sound public policy in our Board decisions.”
“I am honored by this appointment and grateful to Chairman Matz for placing her confidence in me,” Vice Chairman Metsger said. “I look forward to continuing our work safeguarding the more than $1 trillion held by America’s credit unions in trust for their members.”
President Barack Obama nominated Metsger on May 16, 2013, for an NCUA Board term that will expire on Aug. 2, 2017. After confirmation by the U.S. Senate, Metsger participated in his first NCUA Board meeting on Sept. 12, 2013.
On Jan. 1, 2014, Matz appointed Metsger as NCUA’s representative on the Board of NeighborWorks America, one of the nation’s preeminent affordable housing and community development organizations.
Before joining the NCUA Board, Metsger was most recently president of a strategic affairs consulting firm. He served in the Oregon State Senate from 1999 to 2011, and his committee assignments included chairing the Senate Business Committee as well as extensive work in the areas of financial services, transportation and economic development policy. He was elected Senate President Pro Tempore in 2009.
Metsger previously served on the board of the Portland Teachers Credit Union.