PRESS RELEASE
June 27, 2008
ARLINGTON, Va. — The Senate confirmed the President’s appointment of Michael E. Fryzel to the National Credit Union Administration (NCUA) Board on June 27. Fryzel will be the NCUA Chairman to follow JoAnn Johnson whose term expired last August.
NASCUS President and CEO Mary Martha Fortney issued the following statement regarding Fryzel’s Senate confirmation.
“NASCUS congratulates Mr. Fryzel on his Senate confirmation. As a former state regulator, NASCUS believes he will bring a beneficial perspective to the expertise of the NCUA Board,” said Fortney.
“NASCUS has long supported state regulatory representation on the NCUA Board. We believe Mr. Fryzel’s state regulatory experience will be valuable to the Board’s deliberative process when determining policy that affects state-chartered, federally insured credit unions and the insurance fund. We look forward to working with him and continuing the positive working relationship between the NCUA and state regulators.”
Information
Contact:
Kate Hartig, Director, Communications and Public Affairs,
(703) 528-0669 or kate@nascus.org
The
NASCUS mission is to enhance state credit union
supervision and advocate a safe and sound state
credit union system.
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