Rick Metsger | |
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Member of the Oregon Senate from the 26th district |
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In office 1999–2011 |
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Preceded by | Ken Baker |
Succeeded by | Chuck Thomsen |
Personal details | |
Born |
Portland, Oregon |
August 16, 1951
Political party | Democratic |
Residence | Salem, Oregon |
Richard Thomas "Rick" Metsger (born August 16, 1951) is a Democratic politician who served in the Oregon State Senate from 1999 to 2011. President Barack Obama nominated Rick Metsger to serve on the Board of the National Credit Union Administration on May 16, 2013. The U.S. Senate confirmed Mr. Metsger on August 1, 2013, and he took the oath of office on August 23, 2013. He served as the ninth NCUA Board Chairman from May 1, 2016, through January 22, 2017.
Prior to his political career, Metsger was a sportscaster, teacher, and served on the board of directors of a credit union in Portland, Oregon.
President Barack Obama nominated Metsger to serve on the Board of the National Credit Union Administration on May 16, 2013. The United States Senate confirmed Metsger on August 1, 2013.
After he took the oath of office on August 23, 2013, Metsger shared his vision “for NCUA to be recognized as an agency that manages its own fiscal house well, proposes regulatory action that is effectively targeted to achieve the desired outcome without placing unnecessary burdens on the credit unions themselves and, above all, maintains the confidence and trust the American public places in their local credit union.”
On September 18, 2014, the NCUA Board designated Board Member Metsger as Vice Chairman of NCUA, pursuant to the requirements of NCUA’s rules.
On Jan. 1, 2014, NCUA Board Chairman Debbie Matz appointed Metsger as NCUA’s representative on the Board of NeighborWorks America, one of the nation’s preeminent affordable housing and community development organizations.
He succeeded former NCUA Board Member Gigi Hyland, who left the NCUA Board October 5, 2012. Metsger’s term continues through August 2, 2017.
During his tenure as Vice Chairman, Metsger has focused on modernizing regulations and the federal credit union charter to provide credit unions with greater flexibility to innovate and grow as well as regulatory relief. Metsger led the agency’s efforts to update its regulations concerning fixed assets and credit unions’ fields-of-membership regulation.
Metsger was appointed chairman of the NCUA Board effective May 1, 2016 by President Barack Obama. As NCUA Board Chairman, Metsger heads the independent agency that charters, regulates, and supervises more than 3,700 federal credit unions. NCUA also operates the National Credit Union Share Insurance Fund, which protects the accounts of millions of Americans at more than 5,800 federally insured credit unions. Metsger succeeds Board Chairman Debbie Matz, whose tenure ended April 30, 2016.