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Jury still out on whether NCUA's move to Alexandria was the right call

ALEXANDRIA, Va.-When the NCUA Board determined to move from its Washington D.C. headquarters, near other federal financial institutions regulators and the White House, to Alexandria, Va. the move was unpopular with the credit union movement and apparently the rest of the real estate seekers.

By Sarah Snell Cooke | Updated on January 08, 2002

ALEXANDRIA, Va.-When the NCUA Board determined to move from its Washington D.C. headquarters, near other federal financial institutions regulators and the White House, to Alexandria, Va. the move was unpopular with the credit union movement and apparently the rest of the real estate seekers.

In a controversial 2-1 vote, with then-Chairman Roger Jepsen and Board Member Shirlee Bown? voting in favor and sole Democrat Board Member Bob Swan against, the agency began the process of building construction and moving.

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