Elizabeth Whitehead, the NCUA's associate regional director,programs in Region I, was named by the board today to be theDirector of Region V.

Whitehead, who began at the agency in 1988 as a districtexaminer, will be running an office with supervisory oversight of480 federal credit unions with $57.6 billion in assets located inAlaska, Arizona, Colorado, Hawaii, Idaho, Montana, New Mexico,Oregon, Utah, Washington, and Wyoming and Guam. Region V isheadquartered in Tempe, Ariz.

She succeeds Jane Walters, who has served as acting regionaldirector since last March and now returns to her position asdirector, Region II. The last permanent director of Region V wasMelinda Love, who became director of the agency's Office ofExamination and Insurance last March.