HOBOKEN, N.J. –Credit Union Times has learned that former NCUA Board Member Robert Swan has passed away from stroke complications.
Serving from 1990-1996, Swan was the first credit union CEO elected to the NCUA Board and became known for listening to the "credit union side" on industry regulations.
During his time at NCUA Swan had an impact on the merging of the industry insurance fund, regulatory issues surrounding field of membership including fending off bank attacks, and helping CDCUs gain easier access to the Community Development Revolving Loan Fund.
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A longtime credit union advocate, upon leaving NCUA, Swan started his own credit union lobbying and consulting firm and lobbied on several occasions for the Utah League of Credit Union in the on-going battle in that state between credit unions and banks. In 2004 he also served as a consultant for credit union-owned securites broker/dealer CUSO Partners LLC.
He is survived by his wife Jan, children and grandchildren. Services will be held this weekend in Tooele, Utah.
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