The NCUA announced Thursday that Cory Phariss has been selected as the new president of the Asset Management and Assistance Center (AMAC). Phariss has been serving as deputy to the president at AMAC and will take over the new leadership position on Feb. 12.
The decision came after the NCUA board voted by notation on Dec. 1 to approve moving the management and oversight of the AMAC out of the Southern Region to an independent office. Keith Morton, who serves as regional director for the Austin, Texas-based Southern Regional office, has been serving double duty as president of the AMAC, until now.
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