Kyle Hauptman was confirmed to serve on the National Credit Union Administration (NCUA) Board. He replaced J. Mark McWatters, whose term expired in August 2019.
“I congratulate Kyle on his confirmation, and I look forward to working with him as we help to ensure our nation’s credit unions are able to serve their members during this difficult period,” NCUA Chairman Rodney Hood said in a release. “I would also like to thank board member J. Mark McWatters for his more than six years of service to the agency and credit union community, both of which benefited greatly from his insight and leadership.”
President Donald Trump nominated Hauptman on June 15, 2020, and the U.S. Senate Banking, Housing, and Urban Affairs Committee held a confirmation hearing July 21. Hauptman’s term will begin after he takes the oath of office and will run through Aug. 2, 2025.
“NAFCU congratulates Kyle Hauptman on being confirmed to the NCUA Board,” NAFCU President and CEO Dan Berger said. “We look forward to continuing to work with Mr. Hauptman to ensure credit unions have all the tools necessary to serve their more than 122 million members and continue to grow. We are confident the board will continue to be an effective and independent regulator for the industry.”