ALEXANDRIA, Va. – Most credit union people know all or some of the members of the NCUA Board, and many likely know who their Regional Directors are, but NCUA is much more vast than that. In this piece, NCUA, as an organization, is broken down by department. NCUA Board A full-time, three-member board, which is appointed by the President of the United States and confirmed by the Senate, administers the NCUA. At least one member of the board must be from the non-presidential political party. Each member serves a staggered six-year term. The NCUA Board meets monthly in open session, except August, at its headquarters in Alexandria, Va. Acting Chairman Dennis Dollar has served on the board since October 1997, but as acting chairman only since February. Just prior to coming to the agency, Dollar served as President and CEO of Gulfport VA Federal Credit Union in Mississippi. His term expires April 10, 2003. Board Member Yolanda Wheat worked as a corporate attorney prior to landing a seat on the NCUA Board. Her term expires August 2, 2001. Board Member Geoff Bacino has a long history of service to the credit union community, including as a lobbyist for CUNA and with his own lobbying firm, Bacino and Associates. He was sworn in as a recess appointee January 2, 2001 by outgoing President Bill Clinton. Unless confirmed by the Senate, Bacino’s term will end at the conclusion of the first session of the 107th Congress. Office of the Inspector General The NCUA board created the Office of the Inspector General in March of 1989 in response to the Inspector General Act of 1988, which required NCUA and other small federal agencies to establish such offices. The Office of the Inspector General was substituted for the then Office of Internal Audit. The office took over the duties of internal audit, except for regional office appeals, as prohibited by the act. The current inspector general, Frank Thomas, has held the post since September 1992. He began his career at NCUA as a Region III examiner. The Office of Inspector General carries out its principal mission through audits, investigations, and other inquiries, and makes reports to the NCUA Board, agency management, and Congress. The office also reviews legislation and laws, regulations, and internal instructions concerning the agency and makes appropriate recommendations to enhance economy, efficiency, and internal controls. Executive Director The executive director of the NCUA, currently Leonard Skiles, is charged with overseeing the daily operations of the agency. Skiles began his career at NCUA in 1973 as a staff attorney, but most recently served as director of Region V in Austin, Texas. As executive director, Skiles reports directly to the chairman of the board and all regional and central office directors report to him. Equal employment opportunity programs are included in his office’s jurisdiction. Office of General Counsel Robert Fenner is the current general counsel for NCUA and has been with the agency since 1974. His department’s job is to provide legal advice to the board and other NCUA offices, to administer the rulemaking policies, and to represent the agency in litigation. General counsel is also responsible for bringing enforcement actions against the directors, managers, and other affiliated parties, providing interpretations of the Federal Credit Union Act and NCUA’s rules and regs, as well as processing Freedom of Information Act requests and appeals and drafting regulations that ensure the safety and soundness of credit unions. Office of Administration The Office of Administration is responsible for the practical functions of the agency, such as mail, supplies, facilities, acquisition and maintenance, printing, telephone service, etc. The Office of Administration is run by acting Director Keith Morton. Office of Corporate Credit Unions The Office of Corporate Credit Unions, headed by Director Bob Schafer, was created in 1994 to centralize the supervision of the corporate credit union system to bring consistency to approaches to material issues and to link asset liability management. Corporate credit unions are a source of liquidity for credit unions and U.S. Central Credit Union, in Kansas, is like a `corporate’s corporate.’ There are 36 corporate credit unions, 17 of which are federally chartered, 16 are state chartered but federally insured, and 3 are non-federally insured state chartered corporates. Office of the Chief Financial Officer The Office of the Chief Financial Officer is charged with developing and implementing travel policies and programs, preparing and managing the agency budget, routine accounting functions, accounts payable, payroll, administration of operating fees, and National Credit Union Insurance Fund (NCUSIF) operations. Dennis Winans serves as the director of the department. Office of the Chief Information Officer The chief information officer, Doug Verner, along with staff, must manage NCUA’s automated information resources, including collecting, validating and storing electronic data; providing tools to use the information; developing and maintaining agency information systems; developing and maintaining hardware, software, and data communications infrastructure; providing non-agency entities with electronic information; and ensuring the security of the information is under control. Office of Credit Union Development The Office of Credit Union Development manages the agency’s low-income credit union initiatives and administers the Community Development Revolving Loan Program (CDRLP). It also provides support to the regions for low-income and small credit union supervisory issues. Additionally, the office, headed by long-time agency official Anthony LaCreta, serves as a liaison between the agency and low-income designated credit unions, other government agencies, and trade associations. This office recently evolved from the Office of Community Development Credit Unions. Office of Examination and Insurance The Office of Examination and Insurance, with Director Dave Marquis, helps guide the agency in the quest for maintaining the safety and soundness of the federal credit union system and federally insured credit unions. The Division of Supervision manages NCUA’s examination and insurance program, while the Division of Risk Management oversees the credit union problem resolution program. The Central Liquidity Facility (CLF), the borrowing authority of which is currently before Congress, provides credit unions with liquidity in emergency situations. Office of Human Resources Human Resources is responsible for the recruitment and merit promotion program, compensation and job evaluation, employee record keeping, employee benefits, and employee actions, such as performance appraisals, incentive awards, reprimands, and grievances. The office is directed by Sherry Turpenoff. Office of Investment Services Credit union investments and asset liability management are developed in the Office of Investment Services. The office, directed by Ed Dupcak, also assists examiners and the NCUA board on investment issues. Office of Public and Congressional Affairs The Office of Public and Congressional Affairs is an information source for the public, credit unions, Congress, the media, and other NCUA employees. The office keeps the board members and staff abreast of pertinent national legislative issues and serves as the link between Congress and the agency. The office is currently under the direction of Bob Loftus, who has announced his retirement as of July 27. Acting NCUA Chairman Dennis Dollar selected Clifford Northup as successor to the position, which has been changed from a career employee to a political appointee. Office of Training and Development The Office of Training and Development creates all agency training, including new examiner training, technical seminars, computer training, verbal and writing skills, time and stress management, and supervisory skills development. Leslie Armstrong heads the department. Office of the Regional Director It is the focus of the all regional offices to ensure the safety and soundness of all federal credit unions and that they follow the applicable laws and regulations. The directors do this through periodic examinations and supervisory efforts deemed appropriate for each credit union’s particular circumstances, the risk it poses to the NCUSIF, and available resources. Region I Director: Layne Bumgardner Oversees the well being of federal credit unions in Maine, Massachusetts, Vermont, New Hampshire, New York, Connecticut, and Rhode Island. Region II Director: Tawana James Ensures credit union safety and soundness in the mid-Atlantic region, including Delaware, Maryland, New Jersey, Pennsylvania, Virginia, and Washington, D.C. Region III Director: Alonzo Swann Serving the area of Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, Puerto Rico, South Carolina, Tennessee, and the U.S. Virgin Islands. Region IV Director: Melinda Love Covering federally insured credit unions in Illinois, Wisconsin, Missouri, Indiana, Ohio, Michigan, and West Virginia. Region V Acting Director: Jane Walters Overseeing the credit unions in Arizona, Colorado, Iowa, Kansas, Minnesota, North Dakota, Nebraska, New Mexico, Oklahoma, South Dakota, and Texas. Region VI Director: Bob Blatner Covering credit unions in the Western region, including Utah, Alaska, Washington, Hawaii, Nevada, Guam, Wyoming, Oregon, Montana, California, and Idaho. Asset Management and Assistance Center The Asset Management Assistance Center handles voluntary and involuntary liquidations, conservatorships, record reconstruction, and purchases and assumptions, including the controversial eventual voluntary liquidation of Capital Corporate Federal Credit Union with $1.6 billion in assets. The center also advises the board on these issues. Mike Barton has held the position of president since June 1999. Barton has over 18 years of experience in administration and specific command of liquidations and asset management.

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