U. S. credit union founders Edward A. Filene and Roy F. Bergengren with Claude R. Orchard

1934

June -- Federal Credit Union Act signed and Federal Credit Union Division is placed within the Farm Credit Administration

August -- Claude R. Orchard assumes leadership of federal credit union supervision, a post he holds for 19 years.

1942

Federal credit union supervision is transferred to the Federal Deposit Insurance Corporation.

1948

The renamed Bureau of Federal Credit Unions finds a new home at the Federal Security Administration.

1953

J. Dean Gannon is named director of the Bureau of Federal Credit Unions as it moves to the new Department of Health, Education and Welfare.

1970

General Herman Nickerson, Jr., heads the now independent National Credit Union Administration and the newly created National Credit Union Share Insurance Fund.




1976

C. Austin Montgomery is appointed NCUA administrator.


1978

Lawrence Connell is appointed NCUA administrator

1979

NCUA’s administrator is replaced with a three-member Board –
Chairman Lawrence Connell 1979 – 1981
Vice Chairman P. A. Mack, Jr. 1979 – 1987
Board Member Dr. Harold Black 1979 – 1981

1979

The Central Liquidity Facility is created.

1981

Edgar F. Callahan - Chairman 1981 - 1985

1982

Elizabeth F. Burkhart - Board member 1982 - 1990

1984

The U.S. Postal Services issues a commemorative stamp honoring the 50th anniversary of the Federal Credit Union Act.





Administration of the Community Development Credit Union Revolving Loan Fund is transferred to NCUA.

1985

Roger W. Jepsen - Chairman 1985 - 1993

1988

David Chatfield - Board member 1988 - 1989

1990

Robert Swan - Board member 1990 - 1996

1991

Shirlee Bowné - Board member 1991 – 1997

1993

Norman E. D’Amours - Chairman 1993 – 2000

1996

Yolanda T. Wheat - Board member 1996 – 2001

1997

Dennis Dollar - Board member 1997 – 2001;
Chairman 2001 - 2004

2001

Geoff Bacino - Board member 2001

2002

Deborah Matz - Board member 2002 - 2005

JoAnn M. Johnson - Board member 2002 - 2004;
Chairman 2004 - July 2008

2005

Rodney E. Hood - Vice Chairman 2005 - August 2009

Christiane Gigi Hyland - Board member 2005 -

2008

Michael E. Fryzel - Chairman July 2008 – August 2009

Share Insurance Protection Increased to $250,000


2009

NCUA celebrates the 75th anniversary of the Federal Credit Union Act -- June 26, 2009




Deborah Matz – Chairman August 24, 2009 --