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ALEXANDRIA, Va. (Jan. 11, 2021) – Today, National Credit Union Administration Chairman Rodney E. Hood announced that he assigned Vice Chairman Kyle S. Hauptman as the NCUA Board’s liaison to the Defense Credit Union Council and the National Association of State Credit Union Supervisors.
The Federal Credit Union Act empowers the NCUA Chairman to determine each Board member’s area of responsibility. With these assignments made by Chairman Hood, Vice Chairman Hauptman’s responsibilities include meeting with the Council and NASCUS and reporting on priorities and recommendations to the NCUA Board.
“As we work to improve the regulatory environment for federally insured credit unions, it is essential that we engage with organizations like the Council and NASCUS,” Chairman Hood said. “I appreciate Vice Chairman Hauptman accepting these Board assignments, and I know he will ensure the NCUA maintains a productive working relationship with these important stakeholders.”
“The Council’s focus on serving those who serve our country is important for America and credit unions. I look forward to learning more about the unique financial needs of our service men and women, and the role defense credit unions play in meeting those needs,” Vice Chairman Hauptman said. “I also look forward to working with NASCUS as it will provide me with a broader understanding of the credit union landscape. I appreciate being given these assignments by Chairman Hood, especially because I believe a strong partnership between NCUA and the state credit union system will help ensure a healthy and vibrant credit union industry.”
The Defense Credit Union Council is a defense trade association representing the interests of defense credit unions serving the U.S. Armed Forces worldwide. The National Association of State Credit Union Supervisors is the national association that advocates for a strong and healthy state credit union system, and whose members include state regulatory agencies, credit unions, credit union leagues, and organizations that support the state credit union system.