WASHINGTON (10/24/11)--President Barack Obama announced late last week that he intends to nominate Carla León-Decker to become a member of the National Credit Union Administration (NCUA) board, and Credit Union National Association (CUNA) President/CEO Bill Cheney said CUNA appreciates the White House nominating to the NCUA board an individual with credit union experience.
Cheney added that the nomination of León-Decker, who is the current president/CEO of D.C. Government Employee's FCU, "is important when appropriate safety and soundness policy is under consideration."
Gigi Hyland, whose six-year term on the NCUA board ended in August, congratulated León-Decker, saying the credit union executive "has extensive knowledge of the credit union system" and will "bring her acumen to the regulatory realm."
León-Decker served as Operations Manager and, later, as president/CEO of PAHO/WHO FCU from 1994 to 2000, and also served as branch manager of Transportation FCU between 1988 and 1994. She is also a credit union development educator and director of the Network of Latino Credit Unions & Professionals.
NCUA Chairman Debbie Matz said León-Decker "will bring valuable perspectives to the NCUA Board---particularly her inspiring commitment to providing affordable financial services for recent immigrants, low-income families, and many people of modest means."
Her nomination is subject to congressional approval, and CUNA will work with the Senate as the nomination moves forward. A vote on the nomination could possibly come before the end of the year.