Sheila Montgomery who with others began to meet each year at the Governmental Affairs Conference in Washington, D.C. The group recognized the need for a more organized networking opportunity and founded the AACUC.

November 15, 2005 - Rodney E. Hood was appointed by President George W. Bush to a seat on the board of the National Credit Union Administration (NCUA). November 30, 2005, the NCUA Board elected Rodney Hood to serve as the Vice Chairman of the Board.

Pete Crear becomes the 1st African-American President and Chief Executive Officer of the World Council of Credit Unions in May of 2005.