National Credit Union Administration

• Pages: 460-461

NATIONAL CREDIT UNION ADMINISTRATION

1775 Duke Street, Alexandria, VA 22314-3428

Phone, 703-518-6300. Internet, www.ncua.gov.

Chairman Dennis Dollar

Members of the Board Jo Ann Johnson, Deborah Matz

Executive Director J. Leonard Skiles

Secretary of the Board Becky Baker

Chief Financial Officer Dennis Winans

Director, Office of Administration James L. Baylen

Director, Office of Community Development Credit Anthony LaCreta

Unions

Director, Office of Corporate Credit Unions Kent D. Buckham

Director, Office of Examination and Insurance David M. Marquis

Director, Office of Human Resources Sherry Turpenoff

Director, Office of Strategic Program Support Edward Dupcak

and Planning

Director, Office of Public and Congressional Clifford R. Northup

Affairs

Director, Office of Technology and Information Doug Verner

Services

Director, Office of Training and Development Leslie Armstrong

General Counsel Robert M. Fenner

Inspector General H. Frank Thomas

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The National Credit Union Administration is responsible for chartering, insuring, supervising, and examining Federal credit unions and administering the National Credit Union Share Insurance Fund.The Administration also administers the Community Development Revolving Loan Fundand manages the Central Liquidity Facility, a mixed-ownership Government corporation whose purpose is to supply emergency loans to member credit unions.

The National Credit Union Administration was established by act of March

10, 1970 (12 U.S.C. 1752), and reorganized by act of November 10, 1978

(12 U.S.C. 226), as an independent agency in the executive branch of the Federal Government. It regulates and insures all Federal credit unions and insures State-chartered credit unions that apply and qualify for share insurance.

Activities

Chartering The Administration grants Federal credit union charters to groups sharing a common bond of occupation or association, or groups within a well-defined neighborhood, community, or rural district. A preliminary investigation is made to determine if certain standards are met before granting a Federal charter.

For further information, contact the appropriate regional office listed in the table below.

Examinations The Administration conducts annual examinations of Federal credit unions to determine their solvency and compliance with laws and regulations and to assist credit union management and operations.

For further information...