PenFed Welcomes Chairman of National Credit Union Administration at Board Education Conference
NCUA Chairman Rodney E. Hood Shares Positive Outlook for Credit Union Industry
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TYSONS, Va., Jan. 19, 2021 /PRNewswire/ PenFed Credit Union, the nation s second largest federal credit union, hosted its Board Education Conference on Saturday Jan. 16 with five expert speakers including the first in-person event by National Credit Union Administration (NCUA) Chairman Rodney E. Hood since March 2020.
Speaking to the 11 members of PenFed s volunteer Board of Directors, five members of PenFed s volunteer Supervisory Committee and nine members of PenFed s Executive Team, Chairman Hood presented a positive outlook for the credit union industry. Chairman Hood asserted that on the strength of credit union share growth, the National Credit Union Share Insurance Fund is carrying sufficient equity to withstand the pandemic. Chairman Hood emp