Outgoing NCUA Chief of Staff Steve Bosack will join Alexandria, Va.-based, $19.5 billion Pentagon Federal Credit Union effective May 23. Bosack will serve as a special adviser to PenFed President/CEO James Schenck.

Bosack is serving out his second term at the NCUA as chief of staff to outgoing Chairman Debbie Matz. He has worked at the NCUA for nine years. Between his two terms at the NCUA, he served four years as deputy director of the National Credit Union Foundation, where he was instrumental in raising millions of dollars in aid for credit union employees and members who lost their homes to Hurricane Katrina.

"I envision Steve playing similar roles for me as he did for Chairman Matz," Schenck said. "Steve's knowledge of administration, regulations and communications will be an asset to PenFed. What's more, Steve's charitable development experience will benefit the PenFed Foundation in the work we do for our nation's military, veterans and their families."

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