With sadness, the NCUA announces the passing of Carroll Smith, former NCUA Acting Deputy Administrator/Assistant Administrator and Silver Medal and honorary Meritorious Service Award winner.
A veteran of the Korean War who served in the U.S. Navy, Mr. Smith began his tenure at the NCUA as a Federal Bank/Credit Union Examiner and rose through the ranks to become Assistant Administrator of Administration. In 1974, he was awarded the National Credit Union Administration’s Silver Medal and honorary Meritorious Service Award, which recognizes services and achievements of unusual value.
Among his achievements as Assistant Administrator for Administration, Mr. Smith led the effort to develop new Accounting Principles and Standards, developed a new training program for examiner staff, and organized a grass roots program to enhance the relationships between the NCUA and credit union trade associations, leagues, and state supervisors of credit unions.
Mr. Smith is survived by his wife, Dr. Marlene A. Smith; son, Richard Smith; sister, Lavonne Smith; and brother, Harroll Smith, Esq. A daughter, Diane Smith, preceded him in death in 2004.
Interment is private and memorial gifts may be made in his name to Pikes Peak Hospice.