NCUA Picks New Region V Director

The National Credit Union Administration (NCUA) announced it has selected Cherie Freed to become regional director of the agency’s Region V office in Tempe, Ariz.

Freed replaces Elizabeth Whitehead, who will retire in May.

Region V covers Alaska, Arizona, California, Guam, Hawaii, Idaho, Nevada, Oregon, Utah and Washington.

Freed joined NCUA in 1987 as a credit union examiner, after two years in the private sector. Before her posting as regional director, she served as the associate regional director for operations in Region V. Her tenure at NCUA has also included serving as the agency’s acting deputy executive director, Region V director of supervision, a loss risk analysis officer, a corporate credit union examiner and a problem case officer.

Freed, a graduate of NCUA’s Management Development Program, holds a bachelor’s degree in accounting from Northwest Missouri State University in Maryville, Mo.

“Credit unions and their members will be well-served by Cherie Freed, a long-time veteran of NCUA who brings 29 years of experience to her new position,” said NCUA board chairman Debbie Matz in a statement. “She has consistently carried out her duties with excellence, and she has a wealth of experience at many levels of the agency.

Matz also praised the outgoing Whitehead for her 28 years of “dedicated service” to NCUA and the credit union system.

“[Whitehead has] been an enthusiastic and capable leader in our Region V office, and we wish her all the best in her future endeavors,” Matz added.

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