Change seemed inevitable at the NCUA following the announcements by Board Member Gigi Hyland and Executive Director David Marquis that they were leaving the agency.
Hyland announced her resignation from the board Sept. 20 after working more than a year after her six-year term expired. Her last day was Oct. 5.
Earlier this year, the Obama administration nominated District Government Employees Federal Credit Union CEO Carla Decker to replace Hyland, but she withdrew her nomination in March after a DGEFCU board member leaked a negative exam report that cast doubt on Decker’s qualifications.
California Credit Union League President/CEO Diana Dystrka said that while replacing Hyland may be a high priority for credit unions, it’s not necessarily a high priority for the White House.
Former NCUA board member turned consultant Dennis Dollar said he didn’t expect Hyland’s position to be filled before spring 2013.
That delay means that Board Chairman Debbie Matz and Board Member Michael Fryzel have to agree on new regulations and other board decisions until a third voter is in place.
