ALEXANDRIA, Va.-A few days short of Valentine's Day, NCUA promoted Love last week, that is long-time regional director Melinda Love, to the agency's director of examinations and insurance position.
As director of examinations and insurance, Love will be responsible for overseeing the NCUA supervision and examination program, risk management and data collection programs.
"I have the utmost confidence in Melinda Love's abilities to assume this responsibility at such an important time in the history of the credit union industry," said NCUA Chairman Michael Fryzel in a statement. "Her experience as regional director in supervising, assessing and mitigating the problems encountered by credit unions in some of the most volatile markets in the country will serve NCUA and the credit union industry well."
Love, who has headed NCUA's western Region Five the last five years, will succeed David Marquis, who was promoted last month to be the agency executive director, or chief operating officer.
Love also served as director of NCUA's Chicago-based region and as deputy executive director. She joined NCUA as an examiner in 1986 in northern California and has worked as a principal examiner, problem case officer, supervision analyst, supervisory examiner and acting director of special actions.
Love holds a degree in accounting and an MBA from St. Mary's College. She is a certified internal auditor.
