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News Now

Washington
Metsger Sworn In As NCUA Board Member
WASHINGTON (8/26/13)--New National Credit Union Administration Board Member Richard Metsger outlined his vision for the credit union system in a Friday private swearing-in ceremony on Capitol Hill.
Click for slide showRichard Metsger, left, was sworn in as the National Credit Union Administration's newest board member this morning by NCUA General Counsel Michael Mckenna. Looking on is Velma Hall, Metsger's mother. Credit Union National Association President/CEO Bill Cheney attended the ceremony. (Photo provided by NCUA)

"As I said during my confirmation hearing, my vision is for NCUA to be recognized as an agency that manages its own fiscal house well, proposes regulatory action that is effectively targeted to achieve the desired outcome without placing unnecessary burdens on the credit unions themselves and, above all, maintains the confidence and trust the American public places in their local credit union," Metsger said.

Metsger, who will serve as the 20th NCUA board member, was sworn in by NCUA General Counsel Michael McKenna. He fills the seat vacated late last year after the term of board member Gigi Hyland expired.

Credit Union National Association President/CEO Bill Cheney attended the swearing in. "CUNA looks forward to working with Mr. Metsger as he starts his tenure on the board, knowing that he can rely on his experience as a credit union board member in dealing with the challenges that credit unions face today," Cheney said after the ceremony.

Immediately following the swearing-in, Metsger attended a reception in his honor organized by the Northwest Credit Union Association (NWCUA) at Credit Union House.

A number of credit union leaders from throughout the system, including CUNA, the American Association of Credit Union Leagues, and state leagues, were in attendance. NWCUA President/CEO Troy Stang; Spokane Media FCU CEO and NWCUA Board Chair Debie Keesee; Rivermark CU, Beaverton, Ore., President/CEO Scott Burgess; and Seattle, Wash.-based BECU President/CEO Benson Porter were among those attending the swearing in and reception.

"We certainly are honored to have witnessed Mr. Metsger--a fellow Northwest citizen--take the oath of office, and we look forward to his leadership at the agency," said Stang.

A former Oregon state senator, Metsger was named as an NCUA Board candidate by President Obama in June. His nomination moved quickly through the confirmation process, receiving Senate approval just before the August recess.

He will attend his first NCUA board meeting as an agency leader on Sept. 12.


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