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Chairman Fryzel Lays Groundwork for an Activist Tenure at NCUA

WASHINGTON -- Although he did not ride in on a horse or draw a gun, NCUA Chairman Michael E. Fryel made clear at NAFCU's Congressional Caucus that there is a new sheriff in town.

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WASHINGTON — Although he did not ride in on a horse or draw a gun, NCUA Chairman Michael E. Fryel made clear at NAFCU’s Congressional Caucus that there is a new sheriff in town.

Seven weeks into his tenure and facing one of the nation’s worst financial crises in history, Fryzel promised to be aggressive and proactive in dealing with problems of individual credit unions and the industry as whole.

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