About Us

Company History

Now employee-owned, Callahan & Associates was founded in 1985 by the former Chairman (Ed Callahan), General Counsel (Bucky Sebastian) and Director of Examinations (Chip Filson) of the National Credit Union Administration. These three men positioned Callahan to help credit unions perform at the leading edge of the ever-changing financial services industry.

Under Chip Filson's leadership, Callahan has become one of the nation's leading sources of financial information for credit unions. Chip Filson is an active leader in the credit union industry and a nationally recognized author, speaker and consultant for the credit union movement.

As president of Callahan & Associates, Chip counsels many of the nation's largest credit unions. Chip's expertise is drawn from a quarter century of government, financial institution and business experience. He served as Supervisor of the Illinois Credit Union Division before moving on to hold concurrent positions at the National Credit Union Administration (NCUA) as President of the Central Liquidity Facility (CLF) and Director of the Office of Examinations. During his tenure at NCUA, Chip played an instrumental role in the deregulation of federal credit unions, the capitalization of the National Credit Union Share Insurance Fund, and the opening of the CLF to all credit unions.