Rodney Hood Nominated for NCUA Board

President Donald Trump nominated Rodney Hood to serve on the NCUA board in the seat currently held by board member Rick Metsger.

His term would expire Aug. 2, 2023.

Hood was appointed vice chairman of NCUA in 2005 by President George W. Bush, and served on the board from October 2005 to August 2010.

He currently serves as corporate responsibility manager at JPMorgan Chase, where he manages national partnerships with organizations that foster sustainable homeownership, provide financial capability & economic inclusion, and provide access to capital in underserved communities -- including low-to-moderate income, minority and disabled.

“I extend my sincerest congratulations to Mr. Hood on President Trump’s intent to nominate him to the National Credit Union Administration Board,” said NCUA Board Chairman J. Mark McWatters. “Mr. Hood will bring a wealth of financial industry and community development knowledge to the position. His familiarity with the federal government process, the NCUA, the credit union community, as well as his financial institutions expertise will enable him to serve as an effective credit union industry regulator. I wish him well as he proceeds through the nomination process.”

“CUNA and the Leagues congratulate Rodney Hood on his nomination by President Trump to the NCUA Board,” said CUNA Chief Advocacy Officer Ryan Donovan. “We look forward to working with Mr. Hood once again to improve the efficiency, safety and soundness for credit unions. During his previous tenure on the Board, Mr. Hood was approachable to stakeholders and demonstrated a thorough understanding of credit unions and the importance of commonsense regulation.”

Hood’s nomination is subject to confirmation by the Senate.