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ALEXANDRIA, Va. (April 19, 2016) – The National Credit Union Administration has selected Cherie Freed as Regional Director of the agency’s Region V office in Tempe, Arizona.

Freed will be replacing current Regional Director Elizabeth Whitehead, who will retire 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 Cherie Freed, a long-time veteran of NCUA who brings 29 years of experience to her new position,” NCUA Board Chairman Debbie Matz said. “She has consistently carried out her duties with excellence, and she has a wealth of experience at many levels of the agency.

“I also want to thank Liz Whitehead for 28 years of dedicated service to NCUA and the credit union system,” Matz said. “She’s been an enthusiastic and capable leader in our Region V office, and we wish her all the best in her future endeavors.”

Freed joined NCUA in 1987 as a credit union examiner, following two years in the private sector. Before her selection as Regional Director, she served as the associate regional director for operations in Region V. Her career at NCUA has included serving as the agency’s acting deputy executive director, Region V director of supervision, a loss risk analysis officer, a corporate credit union examiner and a problem case officer.

Freed holds a bachelor’s degree in accounting from Northwest Missouri State University. She is a graduate of NCUA’s Management Development Program has been cited for numerous awards for her leadership skills during her career with the agency.