On May 13, 2024, Todd M. Harper, Chairman of the National Credit Union Administration (NCUA), announced that he will be temporarily stepping away from his daily duties to undergo and recover from back surgery. In a message to the agency's employees, Harper said, “Many of you have likely heard me say on several occasions that if you don’t take care of yourself, you can’t take care of others."
He further stated, "So, I am heeding my own advice. Starting this week, I will be taking some time away from my duties to undergo and recover from back surgery. I expect to return to my full duties in July." He expressed confidence in the NCUA team's ability to continue executing the agency’s mission during his absence.
“In the weeks ahead, I know that you — the NCUA team — will not miss a beat! You will continue executing the agency’s mission to protect credit union members and their deposits, safeguard the Share Insurance Fund from losses, and ensure credit unions fulfill their responsibilities for safety and soundness, consumer financial protection, and other laws," Harper said.
Harper also shared his anticipation for his return. “Once I return to my full duties, I look forward to continuing to work with you to build a stronger, increasingly resilient, and more equitable credit union system that works for all," he added.
In closing his statement, Harper thanked everyone for their support and understanding while emphasizing self-care: "Your body is your temple. Treat it with care and be proactive in addressing your own physical and mental health needs. As always, be safe, be well, be kind. And be sure to look after yourself so you too can look after one another.”
The NCUA is an independent federal agency created by U.S Congress tasked with regulating chartering and supervising federal credit unions. The agency operates under the backing of the full faith and credit of the United States, managing the National Credit Union Share Insurance Fund. This fund insures the deposits of more than 135 million account holders in all federal credit unions and a majority of state-chartered credit unions. Additionally, the NCUA is responsible for protecting consumers and educating the public on consumer protection and financial literacy issues.
For media inquiries, contact Joe Adamoli at JAdamoli@ncua.gov or call 703.518.6572.