NCUA Boardroom. (Photo: NCUA) NCUA Boardroom. (Photo: NCUA)

The NCUA Board voted, by notation, to approve moving the management and oversight of the Asset Management and Assistance Center (AMAC) out of the Southern Region to an independent office, which will be led by a yet-to-be-named President of the center.

In a statement released Thursday by the federal agency, Board members also approved the move to transfer examination and supervision responsibilities for the state of Ohio out of the Eastern Region to the Southern Region. According to the NCUA, 17 employees will transfer out of the Eastern Region to the Southern Region “to support the realignment.”

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Michael Ogden

Editor-in-Chief for CU Times.

More from this author

 

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.