FOR IMMEDIATE RELEASE
Jan. 12, 2016
CONTACT: Patrick Keefe, NASCUS Communications/(703) 528-5974; firstname.lastname@example.org
NASCUS PRESIDENT AND CEO LUCY ITO
ON J. MARK MCWATTERS' NOMINATION TO EX-IM BANK BOARD
'Expended considerable effort to bring greater transparency, accountability to NCUA Board'
"Mark McWatters expended considerable effort to bring greater transparency and accountability to the NCUA Board and to the agency generally during his tenure, which NASCUS applauds. Further, he worked to facilitate equitable acknowledgement of the needs of both federal and state charters, demonstrating recognition of the importance of the dual chartering system. NASCUS thanks him for his service. Going forward, NASCUS believes that the federal-state credit union regulatory partnership would be best served if one seat on the NCUA Board was designated for a member with state credit union regulatory experience, along with a board expanded to include five members."
Patrick Keefe, Vice President, Communications, email@example.com or (703) 528-5974