Rodney Hood

Member, NCUA Board of Directors

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

FDIC Board to meet Thursday on deposit insurance fund restoration, Change in Bank Control Act

April 23, 2024 0

An update on the agency’s Deposit Insurance Fund (DIF) restoration plan and proposals related to the Change in Bank Control Act are the two discussion items on tap for Thursday’s open meeting of the Federal Deposit Insurance Corp. (FDIC) Board, [...]
CFPB taking comments for 30 days on last week’s nonbank designation rule

April 23, 2024 0

A revised procedural rule on how the consumer financial protection agency designates nonbanks for supervision is in effect now, according to a notice in Tuesday’s Federal Register, and comments from the public will be accepted until May 23. The Consumer [...]
Comments due June 18 on FDIC bank merger policy statement

April 22, 2024 0

Public comments on the federal bank deposit insuring agency’s proposed statement of policy on bank merger transactions are due June 18, according to a notice in Friday’s Federal Register. The proposed statement, issued March 21 by the Federal Deposit Insurance [...]
Nagging inflation pressures, leading to tight money, cited as biggest risk ahead for financial stability

April 22, 2024 0

Persistent inflationary pressures leading to a more restrictive than expected monetary policy stance is the most frequently cited risk to financial stability by researchers, academics and market participants, according to a report issued late Friday by the Federal Reserve. Other [...]