WASHINGTON-Filling the vacant seat on the NCUA Board could still take several months, according to sources familiar with the process. “The White House is working it hard,” former NCUA Chairman Dennis Dollar told Credit Union Times. “They are narrowing their list of names.” However, he declined to name any names at this point, adding, “There are some names under serious consideration.” Dollar said he believes a decision on who the final nominee is could be made in the next couple of months but there has been debate over when the background check and Senate hearings should take place. NCUA Board Member Debbie Matz’ seat comes up in August of this year and Republicans may wait to put a Republican in that seat, rather than Dollar’s old seat that has about four years left on it. “Some Democrats are beginning to do their exploratory work,” Dollar said. NCUA’s three-member board must have at least one person from the non-presidential party on it. Pairing of appointments has been pretty common for these positions, Dollar suggested, because it greases the wheels of the process having one person from each party up at the same time. He pointed out that current NCUA Chairman JoAnn Johnson’s nomination was paired with Matz’ (D) and Dollar’s own was paired with then-recess appointee Yolanda Wheat. One name that has surfaced as a potential board appointee is attorney and former North Carolina State Senator Patrick Ballantine (R). “We know he’s being considered,” North Carolina league President John Radebaugh said, “and he’s always been supportive of our credit unions here.” The league is not publicly endorsing him, Radebaugh said. Another source familiar with the proceedings commented that Senate Minority Leader Harry Reid (D-Nev.) may not have come in with a list of Democratic hopefuls for one of the spots on the NCUA Board under the hopes that former Senate Minority Leader Tom Daschle (D-S.D.) would retain his seat. However, CUNA’s Governmental Affairs Conference may be used as a launching pad for a whole new field of candidates for one of the positions. -

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?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


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 © 2023 ALM Global, LLC. All Rights Reserved.