NCUA Media Advisory

Vice Chairman Hood’s Statement on Deborah Matz Nomination

June 2, 2009, Alexandria, VA – “I would like to congratulate Debbie Matz on her nomination yesterday to the NCUA Board; I believe she will serve the agency very well and be a strong Chairman representing the best interests of America’s credit unions.  During my transition to become Vice Chairman of NCUA, Ms. Matz was extremely helpful and always offered an open line of communication as I assumed her previous position on the board of NeighborWorks America.  Ms. Matz has the leadership, knowledge and industry experience necessary for these difficult times that credit unions are facing.  I am thrilled that President Obama has sent her nomination to the Senate; I truly believe she will advance the credit union mission and serve as a wonderful addition once again to the NCUA board.”

The National Credit Union Administration is the independent federal agency that regulates, charters and supervises federal credit unions. NCUA, with the backing of the full faith and credit of the U.S. government, also operates and manages the National Credit Union Share Insurance Fund (NCUSIF), insuring the deposits of over 89 million account holders in all federal credit unions and the majority of state-chartered credit unions.

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