The NCUA promoted Cherie Freed to Region V Director for the agency's Tempe,Ariz., office.

Freed will replace current, retiring Regional Director ElizabethWhitehead in May. Region V covers Alaska, Arizona, California,Guam, Hawaii, Idaho, Nevada, Oregon, Utah and Washington.

“Credit unions and their members will be well-served by CherieFreed, a long-time veteran of [the] NCUA who brings 29 years ofexperience to her new position,” NCUA Board Chairman Debbie Matz said. “She has consistently carried out her dutieswith excellence, and she has a wealth of experience at many levelsof the agency. I also want to thank Liz Whitehead for 28 years ofdedicated service to [the] NCUA and the credit union system. She'sbeen an enthusiastic and capable leader in our Region V office, andwe wish her all the best in her future endeavors.”

After joining the NCUA in 1987, Freed served as a credit unionexaminer and as the associate regional director for operations inRegion V. Her career at the NCUA has included serving as theagency's acting deputy executive director, Region V director ofsupervision, a loss risk analysis officer, a corporate credit unionexaminer and a problem case officer.