Senate confirms Otsuka to serve on NCUA board

The Senate voted to confirm Tanya Otsuka to serve on the NCUA board Wednesday. Otsuka currently serves as senior counsel for the Senate Banking Committee and was nominated by President Joe Biden in September.  She makes history as the first Asian American to serve on the NCUA Board.  

“We congratulate Ms. Otsuka on her confirmation to the NCUA board, and share her goals of enhancing credit unions’ ability to serve their communities,” said CUNA President/CEO Jim Nussle. “We look forward to working together with her on the critical issues facing credit unions as we look for new and better ways to serve our nearly 140 million members.”

Once sworn in, Otsuka will replace current board member Rodney Hood, whose term has expired.

CUNA and NAFCU submitted joint comments to the committee prior to Otsuka’s testimony before the Senate Banking Committee in October outlining various credit union issues both the committee and NCUA should keep in mind.