Rendell Jones has been named the NCUA's new CFO, the agency announced Friday.

He succeeds MaryAnn Woodson who will retire in November after 35 years of federal service. She started her job as the regulator's CFO in January 2008.

Jones, who will start his new job Oct 20, joins the NCUA from U.S. Citizenship and Immigration Services, where he was associate director for management and served as the agency's acting deputy director from December 2013 to July 2014.

Before that position, he was the USCIS's CFO and also served as deputy budget director at the Department of Homeland Security.

Jones started his federal service career in 1996 at the Department of Justice.

“I am pleased to welcome Rendell to NCUA and look forward to working with him. The breadth of his experience and the overall excellence he has displayed in his career should serve NCUA and credit unions very well,” NCUA Chairman Debbie Matz said.

Matz also thanked Woodson for her service to the agency and credit unions.

“She was part of the management team through the most difficult period in the system's history, a challenging time for the agency, and her judgment and management skills have been important to all of us as we steered through the storm,”Matz said.

Jones earned a Bachelor of Science degree in finance from Virginia Commonwealth University and a Master of Public Administration degree from North Carolina State University.

He was awarded the Presidential Rank Medal for Meritorious Service and the Secretary's Silver Medal for his service at the Department of Homeland Security.

According to the NCUA, the agency's CFO's responsibilities include preparation and management of the agency's budget, finance and accounting functions; administration of credit union operating fees and capitalization deposits; and daily operations of the National Credit Union Share Insurance Fund.