FOR IMMEDIATE RELEASE:

CONTACT: Jesse Jacobs - 202-224-4524

Wednesday, March 20, 2002

Craig Davis - 202-224-7391



COMMITTEE UNANIMOUSLY APPROVES NOMINEES
FOR NATIONAL CREDIT UNION ADMINISTRATION BOARD


Senator Paul S. Sarbanes (D-MD), Chairman of the Banking, Housing, and Urban Affairs Committee, today announced that the Committee members voted unanimously in support of two nominees to the National Credit Union Administration Board.

Approved by the Committee were:

A nominations hearing was held on March 14th and Sarbanes indicated that he would try and move the nominations as quickly as possible. The two nominees now go before the full Senate for likely approval.

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