WASHINGTON, DC (April 8, 2019) — The National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement in response to Rodney Hood being named chairman of the NCUA Board this morning. He replaces J. Mark McWatters, who will remain on the board; McWatters’ term is set to expire in August. Berger offered his congratulations to Hood and thanked McWatters for his leadership over the past two years.
“NAFCU congratulates Rodney Hood on being named NCUA Board chairman, and we look forward to working with him as he leads the agency,” said Berger. “With his previous experience serving on the NCUA Board and industry knowledge, Mr. Hood will be an asset to the agency as it tackles some of credit unions’ most pressing problems.
“We also appreciate Mark McWatters’ efforts as chairman to bring about regulatory relief for the industry and transparency at the NCUA. We are confident the new NCUA Board will be a strong regulator for credit unions.”
The National Association of Federally-Insured Credit Unions is the only national trade association focusing exclusively on federal issues affecting the nation’s federally-insured credit unions. NAFCU membership is direct and provides credit unions with the best in federal advocacy, education and compliance assistance. For more information on NAFCU, go to www.nafcu.org or @NAFCU on Twitter.
