Office of CORPORATE CREDIT UNIONS
NCUA created the Office of Corporate Credit Unions (OCCU) in 1994 to centralize the supervision of the corporate credit union system through its headquarters in Alexandria, VA. Corporate credit unions are the "credit unions' credit union." Individual consumers cannot join a corporate credit union. The "natural person credit unions" that serve individual consumers as their members receive liquidity, investment, and payment services from corporate credit unions. There are 28 corporate credit unions that range in asset size from $5 million to $40 billion.
Director of Corporate Credit Unions—Scott Hunt
Scott Hunt was appointed Director of the Office of Corporate Credit Unions on September 24, 2009, after serving as acting director and special assistant to the acting director during the first eight months of 2009.
Mr. Hunt initially joined NCUA as an examiner in Washington, D.C. in 1989. He subsequently held the NCUA Region II positions of supervision analyst, Director of Insurance, and Associate Regional Director of Operations. In the NCUA headquarters office, Mr. Hunt served as a senior investment officer in the Office of Capital Markets and Planning before returning to Region II as the Associate Regional Director of Programs in January 2005.
Scott Hunt holds an accounting degree from Penn State University and an MBA from George Mason University in Virginia. He is a CPA and CFA charter holder.
National Credit Union Administration
1775 Duke St.
Alexandria, VA 22314