Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Senate Banking schedules July 22 hearing for Matz
WASHINGTON (7/16/09)--The Senate Banking Committee has scheduled a July 22 hearing on the nomination of Deborah Matz to a position on the National Credit Union Administration (NCUA) board Matz was named in May as President Barack Obama's choice to become the new NCUA chairman. Matz is a former member of the NCUA board, confirmed by the Senate on March 22, 2002 for a term that ended August 2005, although she remained a few months longer to assure a smooth transition to a new member. Matz was executive vice president and chief operating officer of $800 million-in-assets Andrews FCU, in Suitland, Md., until June 2008. If confirmed, Matz will fill a vacancy created by the expiration of Rodney Hood's term on the NCUA board.  Although that term expired in April, Hood has agreed to remain on the board until a new member's arrival. Current chairman Michael Fryzel will retain a spot on the board, but as a Republican will become the minority member on the three-person executive board. Board member Gigi Hyland is the third component to the board. The Credit Union National Association has noted that Matz has strong credit union credentials and that the trade group anticipates she will continue her role as "a solid and competent regulator


RSS print
News Now LiveWire
September is National Preparedness Month. Read how your CU can get ready in #NewsNow #NPM @AgilityRecovery @Readygov
8 hours ago
Bay Area #creditunions featured in @SFBusinessTimes article http://t.co/SE7W81Ulia
10 hours ago
#NewsNow: 8 CU advisory board, new senior leaders named at @CFPB. http://t.co/EPKgHEDRRN
12 hours ago
#NewsNow: @FTC warns of government impostor scams. http://t.co/MMWBOcrqwJ
12 hours ago
Registration open for @CUNAMutualGroup's Discovery Conference #NewNow http://t.co/CATF0j9ct1
12 hours ago