The Bush administration is apparently having difficulty settling on a candidate for the NCUA Board seat now occupied by Chairman Dennis Dollar, who remains a holdover appointee.
Three more names have recently been floated for the Dollar seat, including two credit union executives. They are Curby Stech, president of Agricultural FCU, Houston, and Jason Boesch, president of Oklahoma RE&T Employees FCU, in Oklahoma City
Also resurfacing as a candidate is Richard Houseworth, the chief banking regulator in Arizona. Add these three names to the three already under consideration: Tim O'Neil, former member of the Federal Housing Finance Board, which oversees the 12 Federal Home Loan Banks; Roshara Holub, president of the Missouri Credit Union System, and Troy Stang, head of public affairs for the Texas CU League.
But observers close to the process say that the mere presence of so many candidates indicates that the White House still hasn't focused on the appointment and could be months way from seeing one person emerge.
Dollar, whose six-year term expired last April, has agreed to serve until a successor is found. Of course, when Dollar originally made that pledge last fall he was hoping that would be sometime around the first quarter of this year. With the first quarter coming towards a close, it's not clear how much longer Dollar will want to stay on as it will affect his ability to land another position.
