ALEXANDRIA, Va.-The NCUA Board saw some big changes this year. Popular NCUA Chairman Dennis Dollar announced early in the year that he would be vacating his seat on the board as of the end of April. He had already served a year beyond his term. Dollar was the chairman that brought fiscal responsibility to the forefront at the agency, including a major regional overhaul that eliminated one regional office and moved the West Coast office from the high-cost San Francisco area to the more moderate Tempe, Ariz. He also oversaw central office realignments and cut staffing. Dollar ushered his Regulatory Flexibility program through the regulatory process, which permits well-managed, well-capitalized credit unions some relief from non-statutorily required regulations at NCUA. His successor at the head of the agency, current NCUA Chairman JoAnn Johnson, appears to be following in his footsteps with fiscal responsibility and regulatory flexibility. She, along with fellow Board Member Debbie Matz, has worked to ease the burdens of member business lending. Johnson also announced a reduction in the budget, overhead transfer rate, and operating fees for 2005. Johnson officially became the agency chairman May 3, 2004.