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National Credit Union Administration
1775 Duke Street
Alexandria, VA 22314-3428
www.ncua.gov

Media Contact: Cherie Umbel
Phone: (703) 528-6330
Fax: (703) 518-6409
Email: cumbel@ncuagov


NCUA News Release

FOR IMMEDIATE RELEASE

Michael J. McKenna named NCUA Deputy Executive Director

Alexandria, Va., May 8, 2003 -- Senior Staff Attorney Michael J. McKenna has been selected to serve as NCUA’s deputy executive director responsible for assisting the executive director administer the day-to-day operations of the agency’s entire staff effective May 15, 2003.

“ I am extremely pleased to announce Mike McKenna’s promotion,” said Executive Director J. Leonard Skiles. “Mike’s knowledge of the rules and regulations, his understanding of the budget process, his willingness to accept increased responsibility, his ability to interact with staff at all levels, and his experience in working with the Board make him uniquely qualified to assume the deputy executive director position.

During his 14 years with NCUA, McKenna has participated in the formation of a number of significant agency regulations, including member business loans, troubled credit union appraisals and foreign branching. McKenna currently chairs the Field of Membership (FOM) Task Force. He was instrumental in development of Interpretive Ruling & Policy Statements 94-1, 99-1 and 03-1. McKenna also served on the Interagency Fair Lending Task Force, Foreign Branching Committee, and the Oversight Policy Board for the Office of Financial Institution Adjudication. During his career, he has worked closely with the NCUA Board and other senior agency officials. He also served extended details as executive assistant to Board Members Matz and Bacino.

McKenna holds a B.A. in political science from SUNY-Binghamton, Binghamton, N.Y., and earned his juris doctor degree from American University, Washington College of Law.

The National Credit Union Administration, governed by a three-member board appointed by the President and confirmed by the Senate, is the independent federal agency that regulates, charters and supervises federal credit unions. NCUA, with the backing of the full faith and credit of the U.S. government, operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 80 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions

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