Otsuka, the first Asian American NCUA board member, will serve a term ending Aug. 2, 2029.

Nathanael Tarwasokono takes over the leadership helm for Cathy Pace, who will retire after over 45 years of service.

See how some credit unions are making the 2023 holidays a bit happier for people in need.

Since 2019, nine CUs have sold over $3 billion in auto loan-backed securities, with most deals occurring this year.