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Ralph Marvel (left) receives a crystal award as he is inducted into the Indiana Credit Union Hall of Fame by League Chairman Jenny Budreau.

Ralph Marvel inducted into Indiana Credit Union Hall of Fame
September 24, 2007

INDIANAPOLIS -- Ralph Marvel has been inducted into the Indiana Credit Union Hall of Fame.

His 44-year career includes work on behalf of many credit unions in Indiana. He began as a volunteer at Clark Equipment Federal Credit Union in Michigan City. He is the retired president of Madison County School Employees Federal Credit Union (currently Madison County FCU) in Anderson and also is a past chairman of Central Federal Credit Union in Indianapolis, where he was on the board of directors for 10 years. Marvel was also an employee of the Indiana Credit Union League, where he was responsible for organizing more than 60 credit unions between 1963 and 1975, serving as an interim manager at some of them and working closely with them through their early years to ensure their viability. And, he has represented credit unions as a liaison at the national level with the CUNA Mutual Group and the National Credit Union Administration and has also been a liaison for the Indiana Council of General Motors Credit Unions.

“It has been a real privilege serving with the League and the credit unions in Indiana,” said Marvel. “I look forward to the continued success of credit unions in our state.

“The Indiana credit union system is a better place for all because of Ralph’s contributions,” said Indiana League President John McKenzie. “His career achievements and leadership have made a tremendous difference for members and for credit unions across the state.”

Marvel was a member of the Navy Reserves for 12 years and is a lifetime member of the American Legion; he is associated with Post #470 in Fishers, where he is a past finance officer. He is also active in the Kiwanis Club of Fishers Station, and he has been a volunteer with several community and youth sports groups.

Marvel was inducted during the Chairman’s Awards Banquet, a special event during the Indiana Credit Union League’s annual convention.

Marvel and his wife, Sue, live in Fishers.

Marvel has extended family, including grandchildren, in the community of Lapel.

About the Indiana Credit Union Hall of Fame:
The Indiana Credit Union Hall of Fame was established in 1989 by the Indiana Credit Union League to recognize credit union leaders who have given outstanding long-term service to the Indiana credit union movement. To be inducted, individuals must:

  • Have selflessly given exceptional time, effort and talent to the betterment of the Indiana credit union movement.
  • Have been involved in the credit union movement for more than 20 years.
  • Understand and personify the credit union philosophy of "People Helping People," and actively demonstrate loyalty to the entire organized credit union movement.
  • Have demonstrated organizational leadership, high professional standards, volunteer contributions and technical innovations in credit union service.

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