“Proper preparation and planning prevent poor performance.” - Chairman Rodney E. Hood

Welcome to episode 54 of The CUInsight Experience podcast with your host Randy Smith, co-founder of CUInsight.com. This episode is brought to you by CO-OP Financial Services. CO-OP is your trusted payments processing partner whose mission is to drive the credit union movement forward.

In this episode, Randy is speaking with The Honorable Rodney E. Hood. He was nominated by the President and confirmed in 2019 as the 11th Chairman of the NCUA. They discuss his goals for the NCUA under his chairmanship, and what he sees as opportunities and challenges for credit unions.

Chairman Hood discusses where credit unions are today and what he sees as the challenges that they face in the future. He speaks about diversity, equity, and inclusion, why it is so crucial in credit unions today, and about the DEI Summit that was held last year. They chat about the NCUA and how they are embracing diversity in the way they recruit from more diverse candidate groups.

Listen in as they talk about where Chairman Hood sees the NCUA in the year ahead and what he hopes to accomplish during his time as Chairman. He tells us why he took the position at NCUA, how the inspiration with time on the job, and what he feels his leadership style is. He says regulation needs to be effective, not excessive, and that is something his team hears him say all the time and they are working towards.

Chairman Rodney Hood has a lot to share, and you don’t want to miss any of it. He is a genuine person that has a passion for helping people and loves to share his insights on the credit union industry. So sit back, plugin and enjoy!

Find the full show notes on CUInsight.com.

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Books mentioned on The CUInsight Experience podcast: Book List

How to find Chairman Hood:
The Honorable Rodney E. Hood, Chairman of the National Credit Union Administration
www.NCUA.gov
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