ALEXANDRIA, Va.-When the NCUA Board determined to move from its Washington D.C. headquarters, near other federal financial institutions regulators and the White House, to Alexandria, Va. the move was unpopular with the credit union movement and apparently the rest of the real estate seekers.
In a controversial 2-1 vote, with then-Chairman Roger Jepsen and Board Member Shirlee Bown? voting in favor and sole Democrat Board Member Bob Swan against, the agency began the process of building construction and moving.
"I took loads of heat for it.some criticism and some wild rumors for it," Jepsen said. "There was an emotional feeling by some that it was extravagant and not needed."
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
