National Credit Union Administration Board Chairman Rick Metsger announced Friday that board member J. Mark McWatters will serve as the agency’s liaison to the Defense Credit Union Council, which represents the interests of credit unions operating on military installations world-wide.
“I am looking forward to working with the members of the Council, which serves the credit unions whose members serve in our nation’s armed forces,” McWatters said. “Since joining NCUA’s Board, I have advocated that we best serve the variety of interests in the credit union community by working with and listening to them directly. This will be another chance to hear from those whose job it is to meet the distinct financial needs of their members.”
Metsger also is calling for representatives from credit unions to make their voices heard as the NCUA seeks to modernize the agency’s examination and supervision program. NCUA has begun a multi-pronged outreach effort to collect experiences and ideas from credit union system stakeholders through the Exam Flexibility Initiative.
The initiative includes meetings and teleconferences, and the agency has already opened an email account for credit unions to provide comments, ExamFlexibility@ncua.gov, and created a webpage to provide information about the initiative, available online here.