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Rodney E. Hood is a member of the National Credit Union Administration board and was the eleventh chairman of the board from 2019 to 2021. Hood was the first African-American to lead a federal banking agency. A native of Charlotte, North Carolina, Hood obtained a Bachelor of Science in business, communications, and political science from the University of North Carolina at Chapel Hill.
Prior to his public service career, Hood worked for Bank of America as a Community Reinvestment Act officer. He later held positions at North Carolina Mutual Life Insurance Company as marketing director and group sales manager. Hood also served as national director of the Emerging Markets Group for Wells Fargo Home Mortgage and served on the board of the Wells Fargo Housing Foundation.
Hood was nominated to the board of the National Credit Union Administration (NCUA) on January 19, 2019, by President Donald Trump. The U.S. Senate confirmed his appointment on March 14, 2019, and he took the oath of office on April 8, 2019.
Hood was designated NCUA board chairman upon his swearing-in on April 8, 2019. He served as chairman until January 20, 2021, when President Joe Biden appointed fellow member Todd Harper to the position. As chairman, Hood served as a voting member of the Financial Stability Oversight Council. He also represented the NCUA on the Financial and Banking Information Infrastructure Committee and as Vice Chairman of the Federal Financial Institutions Examination Council.
By Joe DworskyRodney E. Hood is a member of the National Credit Union Administration board and was the eleventh chairman of the board from 2019 to 2021. Hood was the first African-American to lead a federal banking agency. A native of Charlotte, North Carolina, Hood obtained a Bachelor of Science in business, communications, and political science from the University of North Carolina at Chapel Hill.
Prior to his public service career, Hood worked for Bank of America as a Community Reinvestment Act officer. He later held positions at North Carolina Mutual Life Insurance Company as marketing director and group sales manager. Hood also served as national director of the Emerging Markets Group for Wells Fargo Home Mortgage and served on the board of the Wells Fargo Housing Foundation.
Hood was nominated to the board of the National Credit Union Administration (NCUA) on January 19, 2019, by President Donald Trump. The U.S. Senate confirmed his appointment on March 14, 2019, and he took the oath of office on April 8, 2019.
Hood was designated NCUA board chairman upon his swearing-in on April 8, 2019. He served as chairman until January 20, 2021, when President Joe Biden appointed fellow member Todd Harper to the position. As chairman, Hood served as a voting member of the Financial Stability Oversight Council. He also represented the NCUA on the Financial and Banking Information Infrastructure Committee and as Vice Chairman of the Federal Financial Institutions Examination Council.