Former President Jimmy Carter. (Courtesy Photo)
After the announcement Sunday afternoon that Jimmy Carter, the 39th president of the United States, had died, statements from credit union industry leaders were distributed to eulogize the longest-living president in American history.
America’s Credit Unions President/CEO Jim Nussle said, “President Carter was a friend to credit unions and someone who lived the ‘people helping people’ philosophy throughout his life in public service and in his beloved community of Plains, Georgia. He leaves an incredible legacy of service to humanity, particularly those from marginalized communities. While gone, he remains an inspiration as we all move forward and build on his work.”
In a prepared statement, Anthony Hernandez, president/CEO of the Defense Credit Union Council (DCUC) said his organization was saddened to learn of Carter’s passing. The death was especially poignant to DCUC as President Carter was a U.S. Naval Academy graduate and a distinguished Navy officer.
“During his presidency, President Carter signed into law the Depository Institutions Deregulation and Monetary Control Act of 1980,” said Hernandez. “This landmark legislation empowered credit unions to expand their offerings with checking and savings accounts and strengthened financial security by increasing deposit insurance from $40,000 to $100,000."
Hernandez added, “We join millions across the nation in expressing our gratitude for his exemplary service and unwavering dedication to the principles of democracy and peace. Godspeed, President Carter.”
After nearly two years in hospice care, President Carter died at his home in Plains, Ga. He was preceded in death by his wife of 77 years, Rosalynn Carter who died in November 2023.
State funeral services will held on Jan. 9 at Washington National Cathedral.
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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.
