NCUA Names Walters new Region Two Director

ALEXANDRIA, Va. - The NCUA Board re-appointed Jane Walters as director of the agency's Region Two, completing the comeback for the once-chastened NCUA executive.

Walters served as director of the Mid-Atlantic Region in the mid-1990s before she was appointed to head the agency's western Region Six. While there she was one of six top executives-including three regional directors-who were implicated in a 2000 hiring scandal in which they skirted federal hiring standards to favor female and minority job applicants. The six, who were suspended; at least one was forced into retirement, were believed to have been scapegoats for a scheme that was originated at the highest levels of NCUA.

Walters has slowly made her way back to the top of the NCUA hierarchy, first being appointed as southwest Region Five director, than as deputy executive director last year. Walters, who began her career at NCUA in 1981 as an examiner will succeed Ed Dupcak, who retired in December, after 33 years at NCUA.