WASHINGTON–The White House announced today its intent to nominate Michael E. Fryzel to the NCUA Board, and upon Senate confirmation, as the next NCUA chairman.

Fryzel would replace current NCUA Chairman JoAnn Johnson whose term expired in August. Fryzel's nomination is for a full six-year term ending Aug. 2, 2013.

Fryzel is currently an attorney in Chicago and serves on the Illinois Governor's Board of Credit Union Advisors. Prior to this he served as director of the Department of financial Institutions in Illinois.

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