Mark McWatters has been cleared to become the next member of the NCUA Board.

"Mark is experienced, thoughtful, judicious and values a collaborative process to get things done. I know credit unions and their members will be well served by his presence on the board," NCUA Board Chairman Debbie Matz said in a release after the Texas attorney's nomination was approved by the full Senate in a June 19 voice vote.

McWatters was nominated by President Obama in January to succeed NCUA Board Member Michael Fryzel, a Republican whose term expired in August of last year. McWatters' term will expire on Aug. 2, 2019.

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