in 1958, the board of directors of the california credit union league (ccul) instructed clarence murphy, the league’s managing director, to explore the possibility of forming a school patterned after the credit union national association (cuna) school at the university of wisconsin. the school was to serve credit unions within the district four of cuna. carl a. bowman and charles r. stark led in organizing the cuna district 4 school for credit union personnel. a committee was also formed to oversee the operation of the school. the committee then selected to partner with the university of california at los angeles (ucla) and the school opened in august 12, 1960 with the first batch of 42 students who were to become the class of 1962.