NCUA Vice Chairman Rodney Hood on Credit Union Strength in These Turbulent Times

National Credit Union Administration Vice Chairman Rodney Hood spoke to 75 people at the NW Chapter of Credit Unions meeting in Winston-Salem today. Hood praised the credit unions for their smart lending decisions in the past, and encouraged them to keep doing great things for their member-owners now that economy is threatened by the financial crisis. “Credit unions were not part of the market debacle,” Hood told the audience, “but I want to encourage you to be part of the solution.”

The always-gracious Hood took time to speak on-camera about the strength, safety and soundness of the credit union system.

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2 Responses

  1. Communicator,

    Thanks for this. I will pass it along to everyone I know. Eloquently put.

    Denise

  2. Denise – thanks! Mr. Hood really understands & appreciates the unique role credit unions play within the system, especially in times like these. Thanks for passing it along!

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