ALEXANDRIA, Va.—NCUA announced Tuesday that longtime agency veteran Keith Morton, regional director of the Southern Region, will retire on Aug. 29.
Morton concludes nearly four decades of service with the NCUA, capping a career that has spanned multiple leadership roles and left a lasting mark on the agency and the credit union system.
“For nearly four decades, Keith has worked side-by-side with credit unions to strengthen the cooperative system,” NCUA Chairman Kyle Hauptman said. “His dedication to public service helped credit unions remain strong and resilient, ensuring their ability to better serve their members.”
Morton began his career in 1986 as a field examiner in Washington, D.C. He has served as the regional director in Austin, Texas since 2006, including seven years where he also served as president of the NCUA’s Asset Management Assistance Center.
Over the course of his career, Morton supervised credit unions ranging from the east coast to the southwest. During his tenure he helped the agency address some of its most significant challenges, including Hurricane Katrina, the Great Recession, the corporate system resolution, and the impact on numerous institutions of the collapse of the taxi medallion market. He has received numerous awards and recognition over his distinguished career, NCUA said.
“On behalf of the entire NCUA team, we extend our sincere gratitude to Keith for his service and wish him well in his retirement,” the agency stated.
While continuing to serve as the president of the NCUA’s Asset Management Assistance Center, Cory Phariss will also serve as acting regional director for the Southern Region until further notice, NCUA noted.