The National Credit Union Administration seized U.S. Central Federal Credit Union in March. It replaced James Nance as head of the credit union because of “divergent views” on the institution’s future. Francois Henriquez is the interim interim CEO. The NCUA’s new chairwoman, Debbie Matz, is holding town-hall style meetings with credit unions across the nation to discuss what to do with the network of corporate credit unions and has no retail customers. Nance’s replacement comes shortly after the NCUA chairwoman was named.”]
Source: https://www.cuinfosecurity.com/ncua-ousts-ceo-at-us-central-federal-credit-union-a-1816