ALEXANDRIA, Va. (Nov. 26, 2018) – The National Credit Union Administration has selected Andrew Leventis as its new Chief Economist.
Leventis will begin his duties on Dec. 10. He succeeds Ralph Monaco, who is retiring at the end of the year after seven years with the NCUA and more than 26 years in public service.
“I want to congratulate Andrew on his selection and welcome him to the NCUA,” Board Chairman J. Mark McWatters said. “I also want to congratulate Ralph on his retirement and thank him for his exemplary service to this agency. I have depended on his guidance and judgment, and I’m confident Andrew will continue that level of professionalism.”
Leventis joins the NCUA from the Federal Housing Finance Agency, where he served since 2005, most recently as Deputy Chief Economist. Prior to his government service, he had extensive private-sector experience as an economist and decision engineer.
Leventis holds master’s and doctoral degrees in economics from Princeton University and a bachelor’s degree in quantitative economics from Stanford University.
NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the United States, NCUA operates and manages the National Credit Union Share
Insurance Fund, insuring the deposits of account holders in all federal credit unions and the overwhelming majority of
state-chartered credit unions. At MyCreditUnion.gov, NCUA also educates the public on consumer protection and financial literacy issues.