Cherie Freed Retires from the NCUA

The National Credit Union Administration has announced the retirement of Cherie Freed, regional director of the NCUA’s Western Region, effective August 24, 2024. 

​"Minnesota's Credit Unions thank Cherie for her distinguished service and dedication to strengthening the credit union system," said Minnesota Credit Union Network President & CEO Mara Humphrey. 

​Freed is retiring with over 37 years of service to the NCUA. Prior to being selected as regional director in 2016, she served as the associate regional director for the Western Region. She previously served as the director of supervision and as the loss-risk analysis officer in the NCUA’s Office of Examination and Insurance. Freed began her career in 1987 as an examiner in Phoenix. In 1991, she became a problem case officer and later a corporate examiner. Throughout her NCUA career, Freed received numerous awards and recognition, including Specialized Examiner of the Year, Supervisor of the Year, and the Chairman’s Outstanding Achievement Award for Career Achievement. 

John Kutchey, regional director for the NCUA’s Eastern Region, will oversee the Western Region until a new regional director is selected. Associate Regional Director Mike Ryan will serve as the Eastern Region’s acting regional director during this transition.​