2021 credit union resiliency, 2022 supervisory priorities
At Directors Conference, NCUA Board Member Rodney Hood took stock in pandemic resiliency and described upcoming areas of regulatory focus.
Chairman of the National Credit Union Board when the pandemic hit, the Honorable Rodney E. Hood took stock last week in the fact that credit unions have fared well during the pandemic. He also offered his thoughts on what’s coming next for them in terms of NCUA’s supervisory priorities.
Credit Unions’ Resiliency Shows in the Data
Having continued as a member of the NCUA board when the Honorable Todd M. Harper became chairman in January, Hood told the more than 500 in-person and remote attendees of Directors Conference that credit unions had done well during the pandemic and that the data bore this out.
“You have been resilient,” he said.
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