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External Affairs
email: pacamail@ncua.gov
Fax: (703) 518-6409

Woodson Joins NCUA as Chief Financial Officer

Alexandria, Va., January 9, 2008 – The National Credit Union Administration has selected Mary Ann Woodson as Chief Financial Officer (CFO) of NCUA effective January 14, 2008.

As CFO, Woodson is responsible for the daily operations of the National Credit Union Share Insurance Fund (NCUSIF) and the NCUA Operating Fund, including the accounting and financial reporting functions for both funds. She is also responsible for agency administrative functions including travel policies and programs, budget preparation and management, finance and accounting functions, accounts payable, payroll, and the administration of credit union operating fees and NCUSIF capitalization deposits and operations.

Woodson joins NCUA after serving as deputy CFO at the Department of Homeland Security (DHS), which includes 22 agencies that merged when DHS was established. Prior to joining DHS in 2004, Ms. Woodson was Budget Director of the Federal Bureau of Investigation where her federal career began in 1979.

Mary Ann Woodson holds a Bachelor of Science degree in accounting from George Mason University. She served on the Board of Directors for the Justice Federal Credit Union for over 10 years and held various positions including Board secretary, treasurer, vice chairman and chairman. Ms. Woodson is married and has two children.   

The National Credit Union Administration charters and supervises federal credit unions. NCUA, with the backing of the full faith and credit of the U.S. government, also operates and manages the National Credit Union Share Insurance Fund, insuring the accounts of over 86 million account holders in all federal credit unions and the majority of state-chartered credit unions. NCUA is funded by credit unions, not tax dollars.