NCUA names permanent E&I director

(Nov. 6 ,2020) Ending an eight-month role as “acting” top supervisor for NCUA, Myra Toeppe has formally been named the director of the agency’s office of examination and insurance, according to a release issued Monday.

Since March, Toeppe has been serving as acting director of the agency’s office of examination and insurance. That position, according to NCUA, ensures the safety and soundness of federally insured credit unions, and manages risk to the National Credit Union Share Insurance Fund (NCUSIF). The release said the NCUA Board unanimously approved her selection as permanent director.

Toeppe replaced as E&I director Larry Fazio, who was named NCUA executive director last spring.

Prior to her role as acting director, Toeppe served nine years in executive positions with NCUA, including as an associate regional director, regional director, and strategic advisor, NCUA said. Before that, the agency said, she served 25 years with the Office of Thrift Supervision and the Federal Home Loan Bank of Atlanta.

She holds a B.S.B.A. and M.B.A. from the University of Central Florida. She is a 2011 graduate of the Stonier Graduate School of Banking and its Wharton Leadership Program; she has completed the Leadership for a Democratic Society Program at the Federal Executive Institute.

Myra Toeppe Named Director of the Office of Examination and Insurance