A past chairman of the North Carolina Credit Union League and a director for 17 years, Shelor was credited with guiding the growth of the AT&T-based CU since joining the institution in 1965 as an accountant for Southern Bell Telephone Co.
Among his many honors, Shelor was named 1991 winner of the mark of excellence award from the league.
"He was the heart and soul of credit unions," declared Jim Blaine, a friend and president/CEO of State Employees' CU of Raleigh.
Shelor's CU is credited with being the first in North Carolina to introduce real-time processing and one of the earliest to offer share drafts, Visa cards and telephone audio response.
His CU grew from a single branch with $6 million in assets to 11 branches and 93 employees. In the 1980s and 1990s, Carolinas Telco operated one of the early mobile units that could travel to work centers and branch locations during disasters.
In a letter to CTFCU members posted on the CU's Web site, Board Chairman Eddie Veale said that through "his influence and leadership throughout the years at every level of credit union governance, he has brought great credibility to Carolinas Telco FCU."
Named as interim CEO of Carolinas Telco was Ray Cannon, chief financial officer, who joined the CU in March 1999.
In serving the industry, Shelor spent five years, from 1990-1995, as chairman of the league and was a CUNA director and member of its lending, marketing and regulatory/legislative committees.
A graduate of the Citadel, he served in the U.S. Army in Korea. He is survived by two sons and a
Consultant Kenneth Bopp Dies at 77
Longtime credit union consultant and volunteer Kenneth J. Bopp has died at age 77.
Over the years, Bopp served as a consultant for the Credit Union Association of New York, branch manager of Silicone EFCU and president of First Prize FCU and the Capital Chapter of the Credit Union Association of New York. He also served as board chairman of Excelsior CU and a member of Capital Communications FCU's board of directors.
"The association notes with sadness the passing of Ken Bopp," said William J. Mellin, president/CEO, Credit Union Association of New York. "He was always ready and able to act on behalf of the credit unions of New York State."
Before joining the credit union movement, Bopp served as transportation manager and then advertising manager at Tobin Packing Co., Albany.
Bopp is survived by his wife, three sons and a daughter.