National Credit Union Administration
Pages | 466-468 |
NATIONAL CREDIT UNION ADMINISTRATION
1775 Duke Street, Alexandria, VA 22314-3428
Phone, 703-518-6300. Internet, www.ncua.gov.
Chairman Norman E. D'Amours
Members of the Board Dennis Dollar, Yolanda Townsend Wheat
Executive Director Carolyn D. Jordan
Secretary to the Board Becky Baker
Chief Financial Officer Dennis Winans
Director, Office of Administration James L. Baylen
Director, Office of Community Development Credit Joyce Jackson
Unions
Director, Office of Corporate Credit Unions Robert F. Schafer
Director, Office of Examination and Insurance David M. Marquis
Director, Office of Human Resources Sherry Turpenoff
Director, Office of Investment Services Edward Dupcak
Director, Office of Public and Congressional Robert E. Loftus
Affairs
Director, Office of Technology and Information Doug Verner
Services
Director, Office of Training and Development Robert Pompa
General Counsel Robert M. Fenner
Inspector General H. Frank Thomas
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The National Credit Union Administration Board is responsible for chartering, insuring, supervising, and examining Federal credit unions and administering the National Credit Union Share Insurance Fund.The Board 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's Board 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 minimum 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.
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