Rodney Hood

Member, NCUA Board of Directors

January 22, 2021 NCUA 0

INFO, BACKGROUND ON RODNEY E. HOOD (NCUA Board Member)

BIRTH DATE
POSITION	Member, National Credit Union Administration (NCUA) Board (nominated Jan. 17, 2019 for six-year term ending Aug. 2023; Senate Banking Cmte. confirmation hearing Feb. 14, 2019. Confirmed by Senate March 14, 2019. Designated chairman by President Trump April 8, 2019. Succeeded by Todd M. Harper, designated chairman by President Biden Jan. 25, 2021)
EDUCATION	B.A., business administration, communications, political science; University of North Carolina (Chapel Hill)
EXPERIENCE	Government 2005-09: Member, NCUA Board (vice chairman) Associate Administrator, Rural Housing Service, U.S. Department of Agriculture Other Corporate responsibility manager, JPMorgan Chase and Co. National Director, Emerging Markets, Wells Fargo Division Manager, Community Development Lending, Wells Fargo Community Reinvestment Act (CRA) Officer, Bank of America Executive, North Carolina Mutual Life Insurance 2013-17: Member, Board of Governors, University of North Carolina College System

Three of nation’s largest banks sued for allowing ‘fraud to fester’ on Zelle payment network

December 20, 2024 0

Claiming three of the largest banks in the country allowed “fraud to fester” on an online payment provider, resulting in more than $870 million lost by customers over seven years, the federal consumer financial protection agency Friday filed suit against [...]
WARM holiday greetings: Agency issues quarterly update to tool for calculating CECL

December 20, 2024 0

The latest life-of-loan – or Weighted Average Remaining Maturity (WARM) – factors are included in the updated simplified tool for credit unions released Friday to measure credit losses, their federal regulator said. The National Credit Union Administration (NCUA) said for [...]
FinCEN provides financial institutions ‘red flags’ of potential frauds using FinCEN’s name

December 20, 2024 0

An alert about fraud schemes abusing the name, insignia, and authorities of Treasury’s financial crimes enforcement unit for financial gain was issued this week to warn corporations, money services businesses and financial institutions and urge that suspected incidents be reported. [...]
OCC annual report notes sound banking system, but urges banks to guard against complacency

December 20, 2024 0

The federal banking system is sound, but banks were urged to guard against complacency and remain vigilant according to the national bank regulator’s 2024 annual report, issued Friday. The Office of the Comptroller of the Currency (OCC) said the report [...]

Related