Metsger Nominated to NCUA Board
Rick Metsger, a former Oregon state senator who has sponsored credit union legislation and once served on a credit union board, was nominated by President Barack Obama May 15 to serve on the NCUA Board.
If confirmed by the Senate, the Democrat Metsger would likely replace former Board Member Gigi Hyland, who left the NCUA Oct. 5, 2012, after serving more than a year past her term’s expiration. The choice of a Democrat by Obama to replace Hyland is an odd one because the term would presumably be just four years. According to the NCUA’s Website, each member serves a staggered six-year term, a restriction that dictates the shorter term to replace Hyland.
The Credit Union Association of Oregon named Metsger its Legislator of the Decade at its 2009 annual meeting.
Metsger unsuccessfully ran for Oregon state treasurer in 2010, despite CUAO support and member credit unions campaigning in his favor.