THE WHITE HOUSE
Office of the Press Secretary
(Camp David, Maryland)
_______________________________________________________________
For Immediate Release July 24, 2000
PRESIDENT CLINTON NAMES GEOFF BACINO AS MEMBER OF THE NATIONAL CREDIT UNION
ADMINISTRATION
President Clinton today announced his intent to nominate Geoff Bacino
as Member of the National Credit Union Administration (NCUA).
Mr. Geoff Bacino, of Springfield, Virginia, is currently the President
of Bacino and Associates, a lobbying and public relations firm.
Previously, Mr. Bacino served as a lobbyist for the Credit Union National
Association, co-founded the National Association of State Chartered Credit
Unions, and served as executive director of the National Association of
Share Insurance Corporations.
Mr. Bacino attended the Rock Valley College and received a B.A. degree
from the University of Indiana.
Established as an independent agency in 1970, The National Credit
Union Administration has three fundamental missions: 1) the regulation of
credit unions which choose to be chartered by the Federal Government, known
as "federal credit unions"; 2) the furnishing of federal deposit insurance
through the National Credit Union Share Insurance Fund (NCUSIF) to all
federal credit unions and to those state-chartered credit unions which
choose to be federally insured; and, 3) the chartering of new federal
credit unions.
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