Myers Named Director of NCUA’s Office of Small CU Initiatives

Myers Founded Alternatives FCU in 1979.

May 5, 2011

Former Alternatives Federal Credit Union CEO Bill Meyers was named director of NCUA’s Office of Small Credit Union Initiatives.

He’ll assume his duties June 6.

Bill Myers

Myers recently served as the interim CEO at Santa Cruz Community Credit Union. There, he managed the credit union through a transition by reorganizing the staff, redesigning the product portfolio, and refocusing the credit union’s mission.

“Bill Myers is nationally recognized for his exceptional and creative work supporting small credit unions throughout the country,” says NCUA Board Chairman Debbie Matz. “His extensive knowledge of issues affecting small credit unions, proven expertise in community development, and demonstrated strategic leadership skills make him the ideal candidate to lead this office."

Myers previously worked as a senior fellow at the Aspen Institute, where he consulted on credit union economic development, community opportunity, and strategic planning. He has also has served on the boards of the CheckSpring Bank Corp. and the State of New York Mortgage Authority.

In 1979, Myers founded Alternatives Federal Credit Union. He led the institution until 2007. During his tenure, the credit union grew to become a $50 million institution serving 8,700 mostly low-income members.

NCUA’s Office of Small Credit Union Initiatives fosters credit union development and the effective delivery of financial services by small credit unions. The office administers the Community Development Revolving Loan Program, which supports low-income designated credit unions serving low-income communities.