ALEXANDRIA, Va. (Sept. 11, 2018) – The National Credit Union Administration has selected NancyRae Kjelgaard as Associate Regional Director of Programs in the agency’s Region V office in Tempe, Arizona.
Kjelgaard comes to the NCUA from the Federal Housing Finance Agency, where she served in several roles, most recently as supervisory examiner of credit risk in the Office of Fannie Mae Examinations. Prior to her service at FHFA, Kjelgaard worked for the Florida Office of Financial Regulation, Division of Financial Institutions, as a financial administrator, commercial banking review examiner and credit union field examiner.
Kjelgaard holds a bachelor’s degree and a Master of Business Administration degree from Canisius College, Buffalo, New York, and a Juris Doctor from the University at Buffalo School of Law.
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.