Voted by the readers of Credit Union Times as the most influential credit union leader of the past 25 years, Dennis Dollar is the principal partner in Dollar Associates, LLC, a full-service consulting group focusing on credit unions and the organizations that serve them.
Mr. Dollar’s background is extensive in the credit union and public policy arenas.
Dennis Dollar was appointed by President George W. Bush to serve as Chairman of the National Credit Union Administration (NCUA) Board in 2001. Mr. Dollar had served on the three-member Board since being confirmed by the U.S. Senate in 1997, having been a member of the NCUA Board during the most far-reaching period of legislative and regulatory change in the history of the American credit union movement. As part of the NCUA Board, Mr. Dollar oversaw the making of all regulations for federal credit unions and the administration of the federal insurance fund covering approximately 9500 federal and state chartered credit unions in the United States.
In his capacity as NCUA Chairman, Mr. Dollar also served as Vice Chairman of the Federal Financial Institutions Examination Council(FFIEC). The FFIEC is charged by the U.S. Congress with the responsibility for coordinating the examination and supervision programs of the five federal financial regulatory agencies.
A former two-term member of the Mississippi House of Representatives, Mr. Dollar was elected at age 22 to the House in 1975, at that time the youngest legislator in the state and one of the youngest in history. During his eight years in the House of Representatives, he won numerous awards for his leadership on issues ranging from open government to tax and education policy.
Immediately prior to being appointed to the NCUA Board, Mr. Dollar served from 1991 to 1997 as President and CEO of what is now the Gulf Coast Community Federal Credit Union, at that time the Gulfport Veterans Administration Federal Credit Union which was a $32 million institution serving more than 12,000 members and 150 employer groups along the Mississippi Gulf Coast.
During his credit union career, his credit union won the national Dora Maxwell Social Responsibility Award from CUNA for its asset category and numerous local and state growth and service awards. Mr. Dollar was also a top five finalist for credit union CEO of the Year by Credit Union Times, a leading credit union industry publication, in 1994. His awards include a 2003 induction into the Mississippi Credit Union Hall of Fame and the Credit Union Executive Society (CUES) Hall of Fame, as well as receiving the prestigious 2004 Ambassador Award from the World Council of Credit Unions for his leadership in the international credit union movement and the 2005 Anchor Award from the National Credit Union Foundation for outstanding contributions to the credit union movement. In 2015, he was voted by the readers of Credit Union Times – the largest circulation credit union industry trade publication – as the Most Influential Credit Union Leader since 1990.
Active in a number of civic organizations, Mr. Dollar has served, among others, on Boards of the March of Dimes, United Way, Boys and Girls Club and local Chamber of Commerce. He is a Baptist deacon, a Gideon and a Sunday School teacher at Shades Mountain Baptist Church in Vestavia Hills, Alabama, who chairs the Finance Committee.
Mr. Dollar received his bachelor’s degree from the University of Mississippi in 1975 and is married to Janie, his wife of 39 years. He has a son, Chris, who is an associate with the Dollar Associates firm, and a daughter, Lindsay. Both of his children are married and the Dollars have five grandchildren.