WASHINGTON-All three NCUA Board members travel the country and beyond touting the works of credit unions, but do they put their money where their mouth is? According to documents obtained by the Credit Union Times from the Office of Government Ethics, the regulating trio all have accounts open at credit unions. NCUA Chairman Dennis Dollar holds accounts at three different credit unions, including an account worth $1,001 to $15,000 at Gulf Coast Community Federal Credit Union in his home town of Gulfport, Mississippi as well as a similarly sized account at State Department Federal Credit Union. Apple Federal Credit Union holds an account in his name for $1,001 or less. However, Dollar holds numerous Individual Retirement Accounts with Merrill Lynch and has funds in Mississippi's public employees retirement funds. He owns stock in Fannie Mae, Freddie Mac, AOL-Time Warner, American Express, Cisco, Coca-Cola, Disney and several others. NCUA Vice Chair JoAnn Johnson lays claim to a checking account valued at $1,001 to $15,000 at State Department FCU in addition to a share account worth $15,001 to $50,000. She also holds stock in Home Depot and Pfizer, in addition to a money market account with Edward Jones, and various other investments. State Department FCU is also where NCUA Board Member Deborah Matz has an account valued between $15,001 and $50,000 and an auto loan in the same range. Matz also maintains an account at Agriculture Federal Credit Union worth $15,001 to $50,000. She has investments in several properties. All data is for 2002. [email protected]
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