X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Served Since: Oct. 9, 1997 Became Chairman: Sept. 13, 2001 Scheduled Departure: April 30, 2004 Many would argue that NCUA Chairman Dennis Dollar leaves behind a legacy that can’t be measured only in tangible accomplishments. He brought dignity and respect to the agency’s top job and elevated the profile of NCUA in Washington, not to mention uplifting credit union faithful who after NCUA Chairman Norm D’Amours tenure were anxious to have a chairman who seemed to have credit unions’ best interest at heart. Here is a look of some of Dollar’s biggest achievements. * Risk-focused exams and extended 18-month examination cycle * New field of membership rule, including TIP-trade, industry, or profession-charters * RegFlex-regulatory flexibility for credit unions with history of sound management * Opening budget and overhead transfer rate setting process to the public * Accountability in Management, which streamlined NCUA’s central office and cut the regions back from six to five * Access Across America initiative to encourage adoption of underserved areas with emphasis on faith-based credit unions, which led to record numbers of underserved areas added * Named Federal Financial Institutions Examination Council Vice Chair * Proposed risk-weighted Prompt Corrective Action included in H.R. 3579, the Credit Union Regulatory Improvements Act

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.