ALEXANDRIA, Va. — Given the significant growth in the size and complexity of credit unions' member business lending programs, NCUA has created a new position to help examiners assess safety and soundness.
Margaret Ross is the regulator's new member business lending program officer. Her major responsibilities will include developing the agency's examination and supervision programs for federally-insured credit unions and resolving problems related to member business lending. The programs will be designed to carry out NCUA's responsibilities to monitor and enforce compliance with related laws and regulations, the agency said.
Under Ross' watch, examiner education will focus on teaching key analytical tools to assess safe and sound business lending practices and continuously updated information on resources for credit unions such as the Small Business Administration, U.S. Department of Agriculture and the US Export-Import Bank.
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