The North Carolina Credit Union Division is the primary regulator of all North Carolina state-chartered credit unions.  NCCUD is operated under the supervision of the Administrator and operates with office and field examiner personnel.

The Administrator is an active member of the National Association of State Credit Union Supervisors (NASCUS). The Division received its accreditation from NASCUS in 1992 and continues to maintain this status, which designates a high standard of excellence in the regulation and supervision of state-chartered credit unions.  NCCUD receives no general fund or tax revenues and is funded exclusively from fees paid by the regulated North Carolina state-chartered credit unions.

Kristina Ray was appointed the Administrator of Credit Unions on July 1, 2023. Prior to the Administrator role she served as the North Carolina Credit Union Division’s Assistant Administrator in 2021 after joining the agency as a Financial Analyst in 2019.

Mrs. Ray received a Bachelor of Science in Business Administration with a concentration in finance from Meredith College in Raleigh, North Carolina and graduated with distinction from the Southwestern Graduate School of Banking at Southern Methodist University in Dallas, Texas. While attending college, Mrs. Ray started her career as a teller with a North Carolina state-chartered credit union.

Upon graduation, she held several positions at the credit union. From 2005 through 2019, she served as an Examiner with the North Carolina Commissioner of Banks.

Misty Matthews was named Deputy Administrator of the North Carolina Credit Union Division (NCCUD) effective January 20, 2025. Misty possesses extensive financial institution regulatory experience. Misty received a bachelor's degree from North Carolina State University and a master's in business administration from East Carolina University. After graduation, she began her career with a North Carolina state-chartered credit union and, from 2006 to 2017, served as an Examiner with the North Carolina Commissioner of Banks.

In 2018, she joined NCCUD as a Senior Financial Examiner and later held the position of Review Examiner/Training Coordinator.

Misty enjoys working with our credit union employees and volunteers and appreciates the dedication they exhibit in serving their memberships and communities.