ALEXANDRIA, Va.-The NCUA Board last week approved Rodney Hood as its vice chairman.

"I am pleased that Rodney Hood will be serving as Vice Chairman of the NCUA Board," NCUA Chairman JoAnn Johnson commented. "I look forward to a good working relationship, as we focus on maintaining a safe and sound regulatory environment and enhancing the ability of America's credit unions to serve communities across the nation by providing affordable financial services."

Hood was nominated in May to the NCUA Board and sworn into office Nov. 15. He has 17 years of experience in the public and private sectors, most recently as associate administrator of the Rural Housing Service at the U.S. Department of Agriculture where he was responsible for managing a $43 billion loan portfolio with over 400,000 loans.

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