Gigi Hyland is resigning from the NCUA board on Oct. 5, the agency announced Thursday.

The former general counsel at Empire Corporate has served on the board since November 2005. She was a Democratic appointee of President George W. Bush.

"During the recent economic crisis, I am especially proud of the collaborative efforts taken with my board colleagues to stabilize the credit union system and foster its recovery," Hyland wrote in her resignation letter to President Barack Obama.

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