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.
Last week Credit Union Times, via CUTimes.com, broke the story that former Oregon Senator Rick Metsger was going to the be the White House’s nominee to fill the vacant seat on the NCUA Board, later confirmed by the administration.
ALEXANDRIA, Va. — Proposed fee could offset as much as 87% of all costs to implement expanded derivative authority through 2014.
ALEXANDRIA, Va. — A final derivatives rule could cost the agency as much as $16 million over three years.
If recent history is any indicator, nomination to the NCUA Board is no assurance of joining the NCUA Board, at least not quickly.
ALEXANDRIA, Va. — NCUA Board encourages comments on proposed rule that would grant new investment authorities. Trades express concern.
Oregon consultant was named "state legislator of the decade" by state league while serving as state senator.
Former state senator would likely take Gigi Hyland's old spot on the board if approved, sources tell Credit Union Times.
May meeting also will include supervisory actions and appeal on a change in governance at a credit union.
At the recent hearing of the U.S. House of Representatives Financial Services Financial Institutions Subcommittee on credit union regulatory burdens, a credit union trade association proposed that the size of the NCUA Board increase from three members to five members.