National Credit Union Administration

NATIONAL CREDIT UNION ADMINISTRATION

1775 Duke Street, Alexandria, VA 22314-3428

Phone, 703-518-6300

Chairman Norman E. D'Amours

Vice Chairman Shirlee Bowne

Member of the Board Yolanda Townsend Wheat

Executive Director Karl Hoyle

Secretary to the Board Becky Baker

Executive Assistant to the Chairman W. Robert Hall

Executive Assistant to the Vice John Butler

Chairman

Executive Assistant to the Board Margaret Broadaway

Member

General Counsel Robert Fenner

Director, Public and Congressional Affairs Robert E. Loftus

Director, Office of Examination and Insurance David M. Marquis

Inspector General H. Frank Thomas

Chief Financial Officer Dennis Winans

Director, Office of Community Development and Joyce Jackson

Low-Income Credit Unions

Director, Office of Investment Services Edward Dupcak

Director, Office of Technology and Information Doug Verner

Systems

Director, Office of Administration James L. Baylen

Director, Office of Human Resources Dorothy Foster

Director, Office of Training and Development Robert Pompa

Director, Office of Corporate Credit Unions Robert F. Schafer, Acting

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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 Fund and 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.

Supervision Supervisory activities are carried out through annual examiner...