WASHINGTON–Former NCUA Chairman J. Mark McWatters has joined the Board of Trustees for the Trust for Credit Unions.
Joining McWatters on the board is Lisa Ginter, CEO of the $4.2-billion CommunityAmerica CU in Lenexa, Kan.
Trust for Credit Unions (TCU) is the largest mutual fund family created for and by credit unions, according to the company.
In addition to serving on the board of and chairing NCUA, McWatters has also served as a member of the Financial Stability Oversight Council, the Federal Financial Institutions Examination Council, the Financial and Banking Information Infrastructure Committee, and NeighborWorks America.
Prior to joining these organizations, McWatters, an attorney, served as the assistant dean for graduate programs and as a Professor of Practice at the SMU Dedman School of Law and as an Adjunct Professor at the SMU Cox School of Business, where he taught courses in tax policy and international, corporate and partnership taxation. He has also practiced law for over three decades including as a partner with three international law firms and as counsel to a cross-border hedge and private equity firm where he specialized in taxation, corporate finance, and mergers and acquisitions.
“TCU has built a strong history of performance for more than 30 years,” said McWatters. “I’m excited about continuing to serve the credit union community through my role on the TCU board.”
‘Valuable’ Collaboration
Ginter has served in a leadership role at CommunityAmerica since joining the organization in 1995 and became CEO in 2015. She also serves on the executive boards of the Kansas City Chamber of Commerce and Kansas City Area Development Council, in addition to her multiple roles within the credit union industry.
“TCU is a great example of the valuable collaborative solutions we can develop when we join forces,” said Ginter. “I’m looking forward to serving our industry’s investment needs along with my fellow trustees.”
Trust for Credit Unions said the trustees are a vital component of TCU’s organizational and governance structure.
“Their ability to take the long view of TCU’s role in supporting credit unions is critical to our success,” said Jay Johnson, president of TCU. “The board of trustees ensures that the best interest of our investors is the dominant factor in every discussion.”