WASHINGTON — A credit union trade group is urging President Bush to nominate Dennis Dollar for chairman of the National Credit Union Administration.

Mr. Dollar has been the agency’s acting chairman since early February, and Credit Union National Association president and chief executive officer Daniel A. Mica asked the President in a letter Friday to appoint Mr. Dollar to the job permanently.

“Chairman Dollar, who reflects your goals and approach to regulation, is an excellent choice for that position,” Mr. Mica wrote. “Already, his leadership is improving the agency’s efficiency.”

Last week, the NCUA proposed granting regulatory relief to well-managed, well-capitalized credit unions — something that Mr. Dollar has championed since he joined the board in 1997. Mr. Dollar’s term as a board member expires in 2003; if appointed by the President and confirmed by the Senate, he would be chairman for the remainder of his tenure.

Separately, on Monday, Mr. Dollar praised President Bush’s tax-cut plan during a speech to the National Association of State Credit Union Supervisors and NCUA Regulators Conference in Orlando.

Credit unions would be able to take advantage of “an excellent opportunity to emphasize the value of savings and paying down debt while improving their liquidity position,” he said.

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