Celebrating the 90th anniversary of the Federal Credit Union Act are (from left to right) Board Member Tanya F. Otsuka, Chairman Todd M. Harper, former Board Member and Chairman Deborah Matz, former Board Member Gigi Hyland, former Board Member and Chairman Dennis Dollar, and former Board Member Harold Black.
(Credit/The NCUA)
Ninety years ago, President Franklin Roosevelt signed the Federal Credit Union Act of 1934 into law. To commemorate that historic day on Wednesday, current and former NCUA Board members gathered at the agency's headquarters to discuss the past and future of the credit union industry.
"With the Federal Credit Union Act turning 90 years old today, it's appropriate to consider not only where we've been, but also where we are now and where we're headed," NCUA Chairman Todd Harper said. "The passage of the Federal Credit Union Act was a watershed moment in our nation's history. But, just as that law was forward-thinking when enacted nearly a century ago, it must evolve to reflect current realities with an eye to the future."
Chairman Harper speaking at the 90th Anniversary of the Federal Credit Union Act event at NCUA headquarters. Credit/NCUA
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Michael Ogden
Editor-in-Chief at CU Times. To connect, email at [email protected]. As Editor-in-Chief of CU Times since 2016, Michael Ogden has led the editorial team in all aspects of content strategy and execution, including the creation of the publication’s exclusive and proprietary research database of the credit union industry’s economic landscape. Under Michael’s leadership, CU Times has successfully shifted to an all-digital editorial product with new focuses on the payments, fraud, lending and regulatory beats. Most recently, he introduced a data-focused editorial product for subscribers that breaks down credit union issues into hard data, allowing for a deeper and more factual narrative for readers. In 2024, he launched the "Shared Accounts With CU Times" podcast, which offers a fresh, inside-the-newsroom perspective through interviews with leaders from the credit union industry and the regulatory world. He dives into pressing credit union issues, while revealing the personalities working behind-the-scenes to push the credit union world forward. His background includes years as a radio and TV anchor/reporter and a public relations and digital/social media manager, where he covered the food and music industries, as well as cooperatives and credit unions. Over the years, he has launched numerous exclusive video and podcast series, including a successful series of interactive backstage interviews with musicians at music festivals, showcasing his social media and live streaming production skills.
