Funeral services will be held in Charlotte Saturday for Roger Shelor, president/CEO of the $332 million Carolinas Telco FCU, who died Tuesday. He was 78.
A past chairman of the North Carolina Credit Union League, Shelor is credited with guiding the growth of the AT&T-based CU since he joined the institution in 1965. He was winner in 1991 of the "Mark of Excellence Award" from the league.
"This is a huge loss for the credit union movement," said NCCUL President/CEO John Radebaugh. "Roger leaves behind not only a lasting legacy in his credit union and the movement, but also a remarkable testimony to how businesses ought to be run."
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In a letter to Carolinas Teclo members posted on the CU's Web site, Board Chairman Eddie Veale said " by his influence and leadership throughout the years at every level of credit union governance, he has brought great credibility to Carolinas Telco FCU. We owe him a huge debt that can be repaid only through continuing to uphold and build on the business principles in which he believed."
Roger graduated from The Citadel and served in the U.S. Army during the Korean War.
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