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President will nominate Rodney Hood to serve on NCUA board

By Bryan

President Donald Trump will nominate former NCUA board member Rodney Hood to fill the board seat currently held by board member Rick Metsger. The appointment of Hood, who previously served as vice chair of the NCUA board under President George W. Bush, would still leave a vacant seat on the board, as former board Chair Debbie Matz’s seat has not been filled.

“CUNA and the Leagues congratulate Rodney Hood on his nomination by President Trump to the NCUA Board,” said Chief Advocacy Officer Ryan Donovan. “We look forward to working with Mr. Hood once again to improve the efficiency, safety and soundness for credit unions. During his previous tenure on the Board, Mr. Hood was approachable to stakeholders and demonstrated a thorough understanding of credit unions and the importance of commonsense regulation.”

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Hood was appointed vice chairman of NCUA in 2005 by Bush, and served on the board from October 2005 to August 2010.

He currently serves as corporate responsibility manager at JPMorgan Chase, where he manages national partnerships with organizations that foster sustainable homeownership, provide financial capability & economic inclusion, and provide access to capital in underserved communities -- including low-to-moderate income, minority and disabled.