Gene Metz, Beloved Former Credit Union Regulator, Dead at 76
March 8, 2012
March 8, 2012
Gene Metz, a former credit union supervisory examiner whose word, according to his contemporaries, was worth its weight in gold, died Wednesday, March 7, as a result of an all-terrain vehicle accident. He was 76 years old.
Metz, a beloved former credit union regulator who worked primarily in the Pacific Northwest, was a colleague to credit unionists and well-respected as a protector of the regional movement. His work in the 1960s and 1970s was a factor in the creation of the National Credit Union Administration (NCUA), and the support he showed to credit unions throughout his career proved that it is possible to regulate for the best interests of the credit union mission.
“Gene was a good friend to many in the credit union community,” Northwest Credit Union Association (NWCUA) CEO John Annaloro said. “His stewardship helped build the strong credit union system we have today. Even in retirement, he was considered a contemporary and colleague.”
According to friends, Metz touched many lives. He was the kind of man—even though he was a federal examiner—that everyone liked because he was so effective in his job as protector of the National Credit Union Share Insurance Fund (NCUSIF) without ever putting undue strain on credit unions. He approached his role as supervisory examiner as an opportunity to benefit each credit union as opposed to simply handing down regulation, and Metz took pride in doing whatever he could to help each credit union succeed.
“Gene was Mr. Steady in a hurricane of credit union regulatory issues,” former Washington Credit Union League (WCUL) President and CEO Bruce Rouillard said. “He was well-liked and respected by everyone… and a favorite at League trainings.”
According to Steve Shrader, former WCUL executive vice president and CEO, Metz was a person you could trust.
“Gene looked for risks in credit unions and pointed them out. He did not make it personal,” Shrader said. “Because he was so trustworthy, credit unions really followed his guidance. Gene was the most honest, straightforward guy you would ever want to meet. His word was gold.”
Sound Credit Union President Richard Brandsma worked under Metz for 10 years before joining Sound.
“Gene was an incredible boss. He expected you to do your job, but he also let you do your job,” said Brandsma “And that’s so important if you want people to grow and move on and take higher positions. Of the people who worked for Gene, many went on and became pretty much whatever their desire was within NCUA.”
“Gene Metz is one of the few examiners who, after he retired, truly became your friend,” Brandsma added.
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Posted in Compliance News.