ALEXANDRIA, Va. — To help examiners and credit unions better assess the safety and soundness of the growing size and complexity of member business lending programs, NCUA has created the member business lending program officer position.
Margaret Ross is the regulator's new member business lending program officer. Her major responsibilities will include developing the agency's examination and supervision programs for federally-insured credit unions and resolving problems related to member business lending. The programs will be designed to carry out NCUA's responsibilities to monitor and enforce compliance with related laws and regulations, the agency said.
A 30-year veteran of commercial and real estate lending in varied markets and financial institutions, Ross was promoted to NCUA's Office of Examination and Insurance on July 16 after serving in NCUA's Region V as a field examiner.
"This is an exciting opportunity to focus on assisting examiners and credit unions alike to develop and maintain properly controlled member business lending programs. Our goal is to help credit unions do it right," according to NCUA's Office of Examination and Insurance.
Ross will also work with the Office of Human Resources to develop member business lending training programs, serve as an instructor and working with other NCUA offices, develop and update manuals, bulletins, and similar advisories.
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