Toeppe Named NCUA’s Region III Director

Yolles Retiring after 39 Years of Distinguished Government Service

ALEXANDRIA, VA (September 23, 2013) — National Credit Union Administration (NCUA) Board Chairman Debbie Matz today announced the selection of Myra Toeppe as Director of the agency’s Region III office.

Toeppe will assume her duties beginning Jan. 1, 2014. Region III Director Herbert S. Yolles is retiring after 39 years of government service.

“We’re fortunate to have talented people like Myra on NCUA’s management team, and she is one of the faces of the ‘New NCUA’ I’ve often talked about,” Matz said. “Myra is a highly experienced financial services regulator who started at NCUA less than three years ago. She has quickly established herself as a leader and a problem solver. I’m confident Myra’s skills and experience, combined with a dedication to excellence, will make her a terrific regional director.”

Currently NCUA’s Acting Director of Supervision in the Office of Examination and Insurance, Toeppe joined the agency in 2011 as Associate Regional Director for Operations in Region III. She came to the agency after spending almost 25 years in financial services regulation, including stints at the Office of Thrift Supervision and the Federal Home Loan Bank of Atlanta.

Toeppe holds a bachelor’s degree and an MBA from the University of Central Florida and is a graduate of the Stonier Graduate School of Banking at the University of Pennsylvania.

“Effective regulation of credit unions requires a knack for numbers, a straightforward personality and a pragmatic management style,” Board Member Michael E. Fryzel added. “Because Myra has each of these desired traits, I am certain that she will succeed in this new career challenge as she works to ensure the safety and soundness of credit unions across Region III.”

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