ARLINGTON, VA (December 20, 2013) -- Tax attorney Mark McWatters, the assistant dean for graduate programs and an adjunct professor at the Southern Methodist University Dedman School of Law, was nominated Tuesday by President Barack Obama to fill Republican Michael Fryzel’s spot on the three-person NCUA Board. Fryzel, whose term on the NCUA Board officially expired Aug. 2, has been serving on the NCUA Board since July 2008.
“The responsibility of protecting credit unions and their members is an important one, and the future of the credit union system presents challenges as well as opportunity,” said NASCUS President and CEO Mary Martha Fortney. “I congratulate Mr. McWatters on his nomination by President Obama to serve on the NCUA Board.”
Previous to his job in academia, McWatters served as counsel to Rep. Jeb Hensarling (R-Texas), now chairman of the House Financial Services Committee. He also served as a member of the Troubled Asset Relief Program Congressional Oversight Panel in Washington from 2009 to 2011.
McWatters received a B.B.A. in accounting from Texas Christian University, an M.B.A. from Michigan State University, a J.D. from the University of Texas School of Law, an LL.M. from Columbia University School of Law, and an LL.M. in Taxation from New York University School of Law.
About NASCUS
NASCUS, a professional association formed by state credit union regulators in 1965 to promote the safety and soundness of state-chartered credit unions, is the primary resource and voice of the 47 state governmental agencies that charter, regulate and examine the nation’s state-chartered credit unions. NASCUS membership is made up of state-chartered credit unions, state regulators and other supporters of the state credit union system. NASCUS is the only organization dedicated to the defense and promotion of the state credit union charter and the autonomy of state credit union regulatory agencies. To learn more about NASCUS, visit www.nascus.org.