A former agency staffer who was there before the agency had a three-member board and who worked to build relationships among the agency and its stakeholders has died, according to an announcement Tuesday by the National Credit Union Administration (NCUA).
The NCUA said Carroll Smith, a veteran of the Korean War who served in the U.S. Navy, began his tenure at the NCUA as a federal bank/credit union examiner and rose through the ranks to become assistant administrator of administration. The agency said that in 1974 he was awarded the NCUA’s Silver Medal and honorary Meritorious Service Award, which recognizes services and achievements of unusual value.
The NCUA credits Smith for leading the effort to develop new accounting principles and standards, developing a new training program for examiner staff, and organizing a grass roots program to enhance the relationships between the NCUA and credit union trade associations, leagues, and state supervisors of credit unions.
Smith, according to an obituary published July 17 by The Gazette in Colorado Springs, Colo., died July 5. He is survived by his wife, Dr. Marlene A. Smith; son Richard Smith; sister, Lavonne Smith; and brother Harroll Smith, Esq. It said Smith’s daughter Diane died in 2004.
The notice said memorial gifts may be made in his name to Pikes Peak Hospice.