ALEXANDRIA, Va. (Dec. 21, 2020) – J. Owen Cole, Associate Director of the Policy and Markets Division in the NCUA’s Office of Examination and Insurance, announced his retirement effective at the end of December.
“Owen Cole has been a tremendous asset to the NCUA and his accomplishments have made an immeasurable impact on both the agency and our nation’s system of cooperative credit,” NCUA Chairman Rodney Hood said. “In each of the roles held by Owen, he unfailingly gave his best and personified hard work and dedication in support of the NCUA’s strategic goals.”
Cole served in various roles during his 27-year tenure at the NCUA, including Senior Investment Officer, Director of the Division of Risk Management, Associate Regional Director of Operations, Deputy Executive Director, and Acting Chief of Staff.
He also served as President of the NCUA Central Liquidity Facility, which addresses potential credit union system liquidity risks. “Owen’s leadership in this important position helped to ensure that credit unions can continue to meet their member’s needs despite the economic challenges associated with the ongoing COVID-19 pandemic as well as previous financial crises,” Hood said.
Prior to joining the NCUA, Cole enjoyed a 10-year commercial banking career at the Riggs National Bank, where he served as a Vice President in the bank’s Treasury Division.