President Trump Appoints Rodney Hood as Chairman of NCUA Board


Rodney Hood has been appointed Chairman of the NCUA Board of Directors.

Rodney Hood was appointed the 11th Chairman of the National Credit Union Administration Board by President Donald Trump on Monday. Hood was previously nominated by Trump in June to take the seat held by Rick Metsger, an Oregon resident and former Oregon state senator, whose term expired in August of 2017.

Hood was nominated to the NCUA Board on Jan. 16 and confirmed by the Senate on March 14. He took the oath of office on April 8, and will serve until his term expires on Aug. 2, 2023. Outgoing NCUA Board Chairman, J. Mark McWatters, is expected to remain on the Board until his term expires on Aug. 2, 2019.

“We are very pleased the NCUA will be operating with a full, three-member board, and we appreciate Chairman McWatters’ leadership throughout his service to NCUA,” said Northwest Credit Union Association President and CEO, Troy Stang. “We look forward to working with Mr. Hood and newly appointed Board member, Todd Harper.”

Harper, who was sworn in Monday, is filling the seat that was previously held by former Chair, Debbie Matz, who retired in 2016. Harper was appointed by Trump in February and will serve until his term ends in April 2021.

As NCUA Board Chairman, Hood serves as a voting member of the Financial Stability Oversight Council. He also represents the NCUA on the Federal Financial Institutions Examination Council and the Financial Banking Information Infrastructure Committee.

Prior to joining the NCUA Board, Hood served as a corporate responsibility manager for JPMorgan Chase. He was previously nominated to the NCUA Board by President George W. Bush and served from November 2005 until August 2009.

Posted in NCUA.