Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
NEW Senate confirms Fryzel for NCUA board
Click to view larger image NCUA Board nominee Michael Fryzel before his June 3 Senate Banking Committee hearing on Capitol Hill. (Photo provided by CUNA)
WASHINGTON (6/27/08, UPDATED 1:45 p.m. ET)--The U.S. Senate today confirmed Michael Fryzel to replace JoAnn Johnson on the NCUA board. President George W. Bush said he would name Fryzel chairman of the three-seat board. CUNA President/CEO Dan Mica congratulated Fryzel after the Senate vote. “With his background in credit union law and regulation, he has a number of tools to draw upon during his tenure with the agency,” said Mica. “We look forward to working with him to keep credit unions safe, strong and essential to their members.” Fryzel was with the Illinois Department of Financial Institutions from 1977 to 1989 and headed the agency from 1982 to 1989. Upon leaving that position, Fryzel founded his private law practice, the Law Offices of Michael Fryzel, which specializes in financial regulatory and real estate law. At his nomination hearing before the committee early this month, Fryzel said his priority as a federal regulator would be oversight of the safety and soundness of credit unions. He said consumers not only place their money in credit unions, they also place their trust.


RSS





print
News Now LiveWire
16.9% of U.S. homeowners underwater, down from peak 31.4% in 2012, reports @zillow http://t.co/EbILqY1HMz
15 hours ago
Breaking at #NewsNow: President Obama signs IOLTA bill into law. http://t.co/5N741Bygmn
16 hours ago
.@edmunds says the week between Christmas and New Year's is the busiest car shopping time of the year.
17 hours ago
.@CFPB sues Sprint for cramming 3rd-party service fees onto consumers' bills http://t.co/mhlMWqLKku
18 hours ago
#HomeDepot #databreach lawsuits consolidated in Georgia http://t.co/A4bei5z0mV
18 hours ago