Hyland leaves NCUA Oct. 5

September 20, 2012

Hyland leaves NCUA Oct. 5

NCUA Board Member Gigi Hyland, whose term officially expired 13 months ago, on Thursday announced her plans to step down from her post Oct. 5.

"During the recent economic crisis, I am especially proud of the collaborative efforts taken with my Board colleagues to stabilize the credit union system and foster its recovery," Hyland wrote in her resignation letter to President Obama. "I am leaving NCUA confident that today, and for the foreseeable future, credit unions will continue to play a vital role in providing consumers quality, lower-cost financial products and services."

Hyland called NAFCU President and CEO Fred Becker to inform him of her plans. Becker said Hyland has been a thoughtful regulator and mindful of how regulations affect credit unions' bottom line. "NAFCU appreciates and has enjoyed an open, cooperative working relationship with Board Member Hyland on issues affecting credit unions and their members," Becker said. "We look forward to our work together in the weeks ahead and wish her the best in her future endeavors."

NCUA Chairman Debbie Matz praised Hyland's service on the board, particularly with respect to her initiative to update the agency's definition of "small" credit union. "During her seven years on the Board, Gigi has been an exemplary public servant. The credit union industry and the agency have been the beneficiaries of her intellect, tenacity and dedication to a safe and sound system," Matz said.

Hyland "has brought knowledge, integrity and common sense in making tough decisions during troubled economic times," said NCUA Board Member Michael Fryzel added. He also thanked Hyland for her contributions and collaboration during the crisis, when he chaired the board.

Hyland joined the board in 2005 to fill out a term that expired Aug. 2, 2011. Her departure will leave an even number of members on the board, which means any actions taken will have to be approved unanimously unless a successor is placed either through the nomination and confirmation process, or in a recess appointment.

Hyland plans to take time off before considering other professional opportunities.

Related Resources

April 30, 2024 Add to Calendar 2024-04-30 14:00:00 2024-04-30 14:00:00 State of Consumer Credit: How Behaviors have Shifted and Trends in US Bankcard Benchmarks About the Webinar In an era marked by volatility and evolving credit trends such as historic inflation and the rise of BNPL, credit unions must adapt to mitigate risks effectively. Join the experts at FICO in exploring how to leverage FICO Scores to enhance competitiveness while maintaining stability and compliance.  Key Takeaways: Learn about the latest in consumer credit behaviors and score distributions since the pandemic Take a closer look at major US bankcard trends in comparison to the credit union industry, such as average card spend, balance, missed payments and more.  View On-Demand Web NAFCU digital@nafcu.org America/New_York public

State of Consumer Credit: How Behaviors have Shifted and Trends in US Bankcard Benchmarks

preferred partner

FICO

Webinar

April 25, 2024 Add to Calendar 2024-04-25 14:00:00 2024-04-25 14:00:00 ChatGPT: What AI can do for you! ChatGPT has been created with one main objective – to predict the next word in a sentence, based on what's typically happened in the gigabytes of text data that it's been trained on. Did you ever hear of the saying, “People fear the unknown?” Artificial intelligence scares people, but it is the future, and you need to understand the tools and resources it offers. It’s also about saving time, that’s what technology and in this case, artificial intelligence can do for you. If you want to save time and have a better quality of life, this training is for you. Once you give ChatGPT a question or prompt, it passes through the AI model and the chatbot produces a response based on the information you've given and how that fits into its vast amount of training data. It's during this training that ChatGPT has learned what word, or sequence of words, typically follows the last one in a given context. During this webinar, ChatGPT: What AI can do for you, you’ll discover the background, purpose, usability, and the pros and cons. Don't miss this opportunity! Key Takeaways Learn the background of AI Understand the purpose of AI Identify the pros and cons Register Now $295 Members | $395 Nonmembers(Additional $50 for USB)One registration gives your entire team access to the live webinar and on-demand recording until April 25, 2025Go to the Online Training Center to access the webinar after purchase » Who Should Attend NCRMs Risk titles Education Credits NCRMs will recieve 1.0 CEUs for participating in this webinar Web NAFCU digital@nafcu.org America/New_York public

ChatGPT: What AI can do for you!

Credits: NCRM

Webinar

April 25, 2024 Add to Calendar 2024-04-25 14:00:00 2024-04-25 14:00:00 Unifying Two Different Executive Benefits Programs About the Webinar In part one we discussed how to retain key positions during a time of transition. In part two, we will look at how to combine executive benefits programs from two different organizations into a single high-performing program. Evaluating each program includes many different facets, from strategy and expense to performance and servicing. This session will provide important considerations, whether or not you have pending M&A activity. Key Takeaways: Is the plan design both retentive and efficient? Is the benefit expense properly mitigated? Does the legal agreement reflect the board’s intent? View On-Demand Web NAFCU digital@nafcu.org America/New_York public

Unifying Two Different Executive Benefits Programs

preferred partner

Gallagher

Webinar

April 24, 2024 Add to Calendar 2024-04-24 14:00:00 2024-04-24 14:00:00 Optimize Liquidity, Maximize Loan Growth: The Network Lending Advantage About The Webinar Join us to learn more about network lending, a cooperative model allowing credit unions to optimize liquidity and achieve loan growth. Discover how credit unions can participate in loan pools with other institutions, allowing them to diversify portfolios, access loans with potentially lower risk and higher yields, and expand lending capacity without necessarily needing a surge in deposits. Delve into how credit unions can pool their resources, set common underwriting and pricing standards, and collectively originate, buy, and sell loans to optimize liquidity management. Hear from your peers about best practices, case studies, and practical strategies to harness the full potential of network lending and how it's helped their credit unions. Don't miss this valuable opportunity to learn how to strengthen your credit union's position in today’s competitive environment. Key Takeaways: How network lending differs from traditional lending The benefits of participating in loan pools with other credit unions How credit unions can set common underwriting and pricing standards and collectively originate, buy and sell loans to optimize liquidity management Why network lending is critical to loan growth Watch On-Demand Web NAFCU digital@nafcu.org America/New_York public

Newsroom