Rodney E. Hood

Last updated

Rodney E. Hood
Chairman-Rodney-Hood.jpg
Chairman of the National Credit Union Administration
In office
April 8, 2019 January 20, 2021

A native of Charlotte, North Carolina, Hood obtained a Bachelor of Science in business, communications, and political science from the University of North Carolina at Chapel Hill. [2]

Prior to his public service career, Hood worked for Bank of America as a Community Reinvestment Act officer. He later held positions at North Carolina Mutual Life Insurance Company as marketing director and group sales manager. Hood also served as national director of the Emerging Markets Group for Wells Fargo Home Mortgage and served on the board of the Wells Fargo Housing Foundation. [2]

From 2003 until 2005, Hood served as associate administrator of the Rural Housing Service at the U.S. Department of Agriculture. [2]

Hood was appointed to the NCUA Board by former President George W. Bush and served from November 2005 until August 2009. [3] He was appointed Vice Chairman and served as the NCUA's representative on the Board of Directors of NeighborWorks America. [2]

Hood next worked as a corporate responsibility manager for JPMorgan Chase, managing national partnerships with non-profit organizations, financial regulators, and community stakeholders to promote financial inclusion in underserved and ethnic minority communities. [2] [4]

Hood was nominated to the board of the National Credit Union Administration (NCUA) on January 19, 2019, by President Donald Trump. [5] [6] The U.S. Senate confirmed his appointment on March 14, 2019, and he took the oath of office on April 8, 2019. [7]

Hood was designated NCUA board chairman upon his swearing-in on April 8, 2019. He served as chairman until January 20, 2021, when President Joe Biden appointed fellow member Todd Harper to the position. As chairman, Hood served as a voting member of the Financial Stability Oversight Council. He also represented the NCUA on the Financial and Banking Information Infrastructure Committee and as Vice Chairman of the Federal Financial Institutions Examination Council. [2]

Related Research Articles

<span class="mw-page-title-main">National Credit Union Administration</span> Independent U.S. federal agency for insuring credit unions

The National Credit Union Administration (NCUA) is an American government-backed insurer of credit unions in the United States, one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the Federal Deposit Insurance Corporation, which insures commercial banks and savings institutions. The NCUA is an independent federal agency created by the United States Congress to regulate, charter, and supervise federal credit unions. With the backing of the full faith and credit of the U.S. government, the NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 124 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. Besides the Share Insurance Fund, the NCUA operates three other funds: the NCUA Operating Fund, the Central Liquidity Facility (CLF), and the Community Development Revolving Loan Fund (CDRLF). The NCUA Operating Fund, with the Share Insurance Fund, finances the agency's operations.

<span class="mw-page-title-main">Federal Financial Institutions Examination Council</span> U.S. regulatory body

The Federal Financial Institutions Examination Council (FFIEC) is a formal U.S. government interagency body composed of five banking regulators that is "empowered to prescribe uniform principles, standards, and report forms to promote uniformity in the supervision of financial institutions". It also oversees real estate appraisal in the United States. Its regulations are contained in title 12 of the Code of Federal Regulations.

<span class="mw-page-title-main">Charles L. Glazer</span> American diplomat

Charles Louis Glazer is a United States diplomat. He was sworn in as United States Ambassador to El Salvador on January 16, 2007. Mr. Glazer tendered his resignation, effective Tuesday, January 20, 2009, following an order by the incoming Obama administration requiring the departure of politically appointed ambassadors.

<span class="mw-page-title-main">Desert Financial Credit Union</span> Credit union in Arizona

Desert Financial Credit Union is a credit union based in Phoenix, Arizona, that operates 47 branches and service centers throughout Coconino, Gila, Maricopa, Pinal, and Yavapai counties and now statewide in Arizona. Desert Financial remains federally insured by the NCUA and in addition will be regulated by the Arizona Department of Financial Institutions, which regulates state chartered credit unions in Arizona. Desert Financial is the largest credit union in Arizona, managing nearly $8.5 billion in assets as of October 2022.

<span class="mw-page-title-main">Rick Metsger</span> American politician

Richard Thomas Metsger served in the Oregon State Senate from 1999 to 2011. President Barack Obama nominated Rick Metsger to serve on the Board of the National Credit Union Administration on May 16, 2013. The U.S. Senate confirmed Mr. Metsger on August 1, 2013, and he took the oath of office on August 23, 2013. He served as the ninth NCUA Board Chairman from May 1, 2016, through January 22, 2017.

<span class="mw-page-title-main">Jovita Carranza</span> American businesswoman and government administrator (born 1949)

Jovita Carranza is an American businesswoman who served as the 26th Administrator of the Small Business Administration from 2020 to 2021, having previously served as the 44th Treasurer of the United States from 2017 to 2020. She was appointed to both roles by President Donald Trump. Before that she served as the Deputy Administrator of the Small Business Administration from December 2006 to January 2009. Appointed by President George W. Bush, Carranza was unanimously confirmed by the U.S. Senate. Prior to her first appointment to the SBA, Carranza served as Vice President of Air Operations for United Parcel Service (UPS) at its facility in Louisville, Kentucky.

<span class="mw-page-title-main">Mark A. Calabria</span> American academic and former US government official

Mark Anthony Calabria was the Director of the Federal Housing Finance Agency (FHFA). He was formerly the chief economist for Vice President Mike Pence. President Biden removed him from the FHFA on June 23, 2021, following the Supreme Court decision in Collins v. Yellen.

<span class="mw-page-title-main">Debbie Matz</span>

Deborah "Debbie" Matz is an American civil servant who served as the 8th Chairman of the National Credit Union Administration.

<span class="mw-page-title-main">Michael E. Fryzel</span>

Michael E. Fryzel is an American attorney with offices in Chicago, Illinois. Following the 2016 general election, Fryzel served on President Donald J. Trump's Transition Team and developed the Agency Action Plan for the National Credit Union Administration.

<span class="mw-page-title-main">Political appointments by Donald Trump</span>

This is a list of political appointments of current officeholders made by the 45th president of the United States, Donald Trump.

<span class="mw-page-title-main">Marshall Billingslea</span> American government official

Marshall Billingslea is a former Assistant Secretary for Terrorist Financing at the United States Department of the Treasury. He was the Trump Administration's nominee to be Under Secretary of State for Arms Control and International Security Affairs, and he previously served as a U.S. Senate staffer and as a Department of Defense official.

<span class="mw-page-title-main">J. Mark McWatters</span> 10th Board Chairman of the NCUA

John Mark McWatters is a lawyer, accountant and former board member of the National Credit Union Administration (NCUA). He was appointed by President Donald Trump on June 23, 2017, to serve as the tenth board chairman of the NCUA, and resigned from the NCUA Board on November 20, 2020.

<span class="mw-page-title-main">Patrick Pizzella</span> American government official (born 1954)

Patrick Pizzella is a former American government official who served as the 36th United States Deputy Secretary of Labor from April 17, 2018 to January 20, 2021. He was formerly a member of the Federal Labor Relations Authority appointed by President Barack Obama. He held positions in several agencies during four prior Administrations. In 2019, after the resignation of Alexander Acosta, Pizzella served as the acting United States Secretary of Labor for more than 2 months. He currently serves as the elected Mayor of the village of Pinehurst, North Carolina.

<span class="mw-page-title-main">James Byrne (lawyer)</span> American lawyer (born 1964)

James Michael Byrne is an American lawyer who served as the United States Deputy Secretary of Veterans Affairs from August 2018 to February 2020. He previously served as the general counsel for the United States Department of Veterans Affairs.

<span class="mw-page-title-main">Stephen Vaden</span> American judge (born 1982)

Stephen Alexander Vaden is a United States judge of the United States Court of International Trade.

<span class="mw-page-title-main">Executive Office appointments by Donald Trump</span>

The core White House staff appointments, and most Executive Office of the President officials generally, are not required to be confirmed by the U.S. Senate, with a handful of exceptions. There are about 4,000 positions in the Executive Office of the President.

<span class="mw-page-title-main">Kyle S. Hauptman</span> NCUA Vice Chairman

Kyle S. Hauptman is the Vice Chairman of the National Credit Union Administration (NCUA). He was nominated to serve the position on the NCUA Board on June 15, 2020, by President Donald J. Trump. The US Senate voted to confirm his appointment on December 2, 2020, and he was sworn in as a member of the NCUA Board on December 14, 2020. The NCUA Board approved Hauptman's designation as Vice Chairman of the NCUA on December 18, 2020.

References

  1. Systems, eZ. "Hood Sworn in as New NCUA Chairman; Harper Also Joins Board / Fresh Today / CUToday.info - CU Today". CUToday. Retrieved June 3, 2020.
  2. 1 2 3 4 5 6 "The Honorable Rodney E. Hood | National Credit Union Administration". www.ncua.gov. National Credit Union Administration. Retrieved June 20, 2020.PD-icon.svg This article incorporates text from this source, which is in the public domain .
  3. "Personnel Announcement (Text Only)". whitehouse.gov . Retrieved June 3, 2020 via National Archives.
  4. "Rodney E. Hood | HOPE Global Forums | Presented by Operation HOPE, Inc". hopeglobalforums.org. March 24, 2017. Retrieved June 19, 2020.
  5. "In Rodney Hood, Trump nominates a familiar face for NCUA board seat". Credit Union Journal. June 18, 2018. Retrieved June 3, 2020.
  6. "President Donald J. Trump Announces Intent to Nominate and Appoint Personnel to Key Administration Posts". whitehouse.gov . Retrieved June 3, 2020 via National Archives.
  7. "Senate Confirms Hood and Harper to NCUA Board | National Credit Union Administration". www.ncua.gov. March 14, 2019. Retrieved June 3, 2020.PD-icon.svg This article incorporates text from this source, which is in the public domain .
Preceded by Chairman, National Credit Union Administration Board
April 8, 2019 – present
Succeeded by