Mike Barton has been the President of the Asset Management Assistance Center (AMAC)
in Austin, Texas since June 1999. As President, Barton serves as the key advisor
to the NCUA Board on AMAC matters, including liquidation payouts, managing assets
acquired from liquidations and management of recoveries for the National Credit
Union Share Insurance Fund. AMAC also provides assistance and advice pertaining
to conservatorships, real estate and consumer loans, appraisals, bond claim analysis
and reconstructing accounting records.
Barton has more than 18 year experience in program administration, with specific
expertise in liquidation and asset management. Prior to joining NCUA, Barton was
executive vice president of an Albuquerque, N.M. savings and loan. Barton joined
NCUA in March 1990 as director of asset recovery for AMAC. Barton moved to the Austin,
Texas office as director of special actions and then returned to AMAC as deputy
to the president in 1993. From September 1997 to mid-December 1998, Barton served
as acting director of AMAC. Barton received the NCUA Examiner of the Year Award
in 1992.
Barton holds a degree in finance and accounting from the University of Texas and
a bachelor’s degree from Texas A&M. A decorated veteran, Barton was awarded
the Purple Heart and the Bronze Star after being wounded in Vietnam.
The Asset Management and Assistance Center conducts credit union liquidations and
performs management and recovery of assets. Additionally, this office assists NCUA
regional offices with the review of large complex loan portfolios and actual or
potential bond claims. Staff also participates extensively in the operational phases
of conservatorships and records reconstruction.