Thu, 2010-07-01 11:33 — chill@cuna.coop

CUNA Supports White House Moves on NCUA Board

September 17, 2001

FOR IMMEDIATE RELEASE
Contact: Mark Wolff
CUNA Communications, 202-508-6764
mwolff@cuna.coop


Statement of CUNA President and CEO Daniel A. Mica on President Bush’s Sept. 14 announcement that he intends to nominate JoAnn Johnson to the National Credit Union Administration Board and designate Dennis Dollar as NCUA Board Chairman:

CUNA commends President Bush for his decision to name Dennis Dollar as NCUA Board Chairman. Mr. Dollar’s regulatory philosophy is very much in keeping with that of the Bush Administration. During his tenure as an NCUA Board member and more recently as acting chairman,
Chairman Dollar has put forward numerous actions designed to empower credit unions toward greater innovation and member service while ensuring their continued safety and soundness.

CUNA also congratulates JoAnn Johnson on her pending nomination to the NCUA Board. Ms. Johnson has demonstrated an understanding of credit unions and our issues of importance during her years of service in the Iowa State Senate. We support the President’s decision and look forward to working closely with Ms. Johnson upon her confirmation by the U.S. Senate.


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With its network of affiliated state credit union leagues, Credit Union National Association serves more than 90% of America’s 10,700 credit unions, which are owned by more than 80 million consumer members. Credit unions are not-for-profit cooperatives where people are worth more than money. For more information, visit www.cuna.org.