Matz Appoints Metsger as Vice Chair
NCUA Chair Debbie Matz consulted with the NCUA General Counsel before designating board member Rick Metsger to serve as Vice Chair. Although the Federal Credit Union Act does not reference the position of Vice Chair, the NCUA Rules and Regulation had previously been interpreted to require that the board elect a member to serve in the Vice Chair position. [8/5/14]