Sept. 25, 2012 – NCUA announced Monday that David Marquis, the agency’s chief operating officer, will be retiring at the end of this year, marking the end of a 34-year career with the agency.
Marquis began working with NCUA in 1978 as an examiner in Baltimore, serving later as regional director, and head of examinations and insurance. In the latter role, Marquis was responsible for the safety and soundness of the National Credit Union Share Insurance Fund and monitoring the examination and supervision procedures at federally insured credit unions. In 2009, he was appointed executive director, the agency’s chief operating officer, where he oversaw daily operations.
Throughout his career with the agency, Marquis “initiated many of the changes that enabled NCUA to protect the safety and soundness of the increasingly sophisticated credit union industry,” NCUA Board Chairman Debbie Matz said.
NAFCU President and CEO Fred Becker thanked Marquis “for his service to the credit union industry.”
The NCUA Board will appoint a successor to Marquis later this year.