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Board Designates Metsger as Vice Chairman
Monday, September 22, 2014 6:15 AM

The National Credit Union Administration Board unanimously voted on Friday to designate board member Rick Metsger as vice chairman of NCUA, effective immediately, pursuant to the requirements of NCUA's rules.

Metsger was originally nominated to the NCUA Board by President Barack Obama in May, 2013, and confirmation by U.S. Senate occurred thereafter. His term is set to expire on Aug. 2, 2017. On Jan. 1, 2014, NCUA Chairman Debbie Matz appointed Metsger as NCUA's representative on the Board of NeighborWorks America, one of the nation's preeminent affordable housing and community development organizations.

"Rick has built on his experience and knowledge as a legislative leader and a credit union board member to become a strong, objective, and thoughtful regulator," Matz said previously in making the designation. "During his time on the board, Rick has stood firm on regulatory principles, asked insightful questions, and strived toward sound public policy in our board decisions."

Before joining the NCUA Board, Metsger was most recently president of a strategic affairs consulting firm. Metsger previously served on the board of the Portland Teachers Credit Union, now known as OnPoint FCU with $3.4 billion in assets. He also served in the Oregon State Senate from 1999 to 2011, and his committee assignments included chairing the Senate Business Committee as well as extensive work in the areas of financial services, transportation, and economic development policy. He was elected Senate President Pro Tempore in 2009.