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The Honorable Rodney E. Hood, Vice Chairman
On November 15, 2005, Rodney E. Hood was appointed by President George W. Bush to
a seat on the Board of the National Credit Union Administration (NCUA).
NCUA is the independent federal agency that regulates charters and supervises 8,640
federal credit unions. Following his appointment, on November 30, 2005, the
NCUA Board elected Mr. Hood to serve as the Vice Chairman of the Board.
Prior to joining NCUA, Mr. Hood served in the Bush Administration at the United
States Department of Agriculture (USDA) as the Associate Administrator of the Rural
Housing Service. In his position as Associate Administrator, Mr. Hood addressed
the housing needs of rural America and helped administer a $43 billion dollar mortgage
portfolio.
Prior to public service, Mr. Hood served as the Marketing Director and Group Sales
Manager for the North Carolina Mutual Life Insurance Company in Durham, N.C. Before
joining N.C. Mutual, he was National Director of the Emerging Markets Group for
Wells Fargo Home Mortgage. While at Wells Fargo, he also served on the board of
the Wells Fargo Housing Foundation. Earlier in his career, Mr. Hood worked for Bank
of America as a Community Reinvestment Act (CRA) Officer and completed the management
development program at G.E. Capital Corporation.
Originally from Charlotte, North Carolina, Mr. Hood holds a B.A. degree in business,
speech, and political science from the University of North Carolina at Chapel Hill.
Named a “Young Leader” in 2005 by the American Council on Germany, Mr. Hood was
awarded a fellowship to join a transatlantic delegation in Germany to foster American-
German relations. Recently, he was named one of the “40 Young Leaders Under
the age of 40” by the Triangle Business Journal and received the first ever “Dream
Award” instituted by the Wells Fargo Housing Foundation to recognize distinguished
individuals who have exhibited an outstanding commitment to affordable housing.
Currently, Mr. Hood is a former Board Member of the Neighborhood Reinvestment Corporation
(NeighborWorks), which was created by the Congress to assist in revitalization of
urban residential neighborhoods. Prior to his Senate confirmation Mr. Hood
served as a trustee of the North Carolina School of the Arts in Winston-Salem, NC
; on the Board of the City Tavern Club in Washington, D.C.; and on the Board of
Visitors at the University of North Carolina at Chapel Hill. Mr. Hood’s term
on the NCUA Board expires on April 10, 2009
Most recently, Mr. Hood was appointed by the Federal Communication Commission (FCC)
Chairman, Kevin J. Martin, to serve as a Member of the FCC’s Advisory Committee
on Diversity for Communications in the Digital Age. The objective of this
Committee is to facilitate ownership opportunities for minority communities.
The National Credit Union Administration (NCUA), governed by a three-member board,
is the independent federal agency that charters and supervises federal credit unions.
NCUA, with the backing of the full faith and credit of the U.S. government, operates
the National Credit Union Share Insurance Fund (NCUSIF), insuring the deposits of
80 million account holders in all federal credit unions and many state-chartered
credit unions.