Metsger commends Matz’s “steady hand” and strong leadership
ALEXANDRIA, VA (March 9, 2016) — In response to the announcement that National Credit Union Administration Board Chairman Debbie Matz would depart the agency at the end of April, Vice Chairman Rick Metsger made the following statement:
“NCUA is fortunate to have had Chairman Matz’s steady hand on the tiller during challenging economic times for the credit union community. Her leadership brought stability to the system in the aftermath of the Great Recession. She also provided flexibility for credit unions to meet today’s changing economic conditions, so that they can continue to meet the financial needs of American consumers.
“I greatly admire how Chairman Matz addressed significant challenges head-on, and always through the prism of what is best for credit union members. Her leadership laid the groundwork for the recovery of the credit union system after the financial crisis and, more recently, significant growth in loans and capital. During the last seven years, membership at federally insured credit unions surpassed 100 million and shares and deposits broke through the $1 trillion dollar threshold. These are important and historic milestones.
“On a personal note, I will miss Debbie greatly. I have enjoyed working with her, and I have benefited immensely from her wisdom and experience. She has not only been a great colleague, but a great friend as well.”
About National Credit Union Administration (NCUA)
The NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the United States, the NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 135 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. The NCUA also protects consumers and educates the public on consumer protection and financial literacy issues.
