Oak Ridge Today

Sponsored: Tennessee Credit Union Hall of Fame inducts two retired CEOs from local credit unions

Posted at
By Leave a Comment

Tom Hilton and Wayne Hope

Tom Hilton, left, retired CEO of Y-12 FCU, and Wayne Hope, retired CEO of Enrichment Federal Credit Union, were inducted into the TN Credit Union Hall of Fame. (Submitted photo)

 

Created jointly by Volunteer Corporate Credit Union and the Tennessee Credit Union League, the Tennessee Credit Union Hall of Fame recognizes the valuable leadership and contributions of credit union people in the state of Tennessee. Beginning in 2010, the Tennessee Credit Union Hall of Fame has recognized the commitment, leadership, and service deserving individuals have made to the credit union movement.

The judges considered the following criteria when making their selection:

  • Years of service to the credit union system;
  • Positions of leadership on the state, local, or national level;
  • Demonstrated commitment to the credit union philosophy and services; and
  • Credit union system educational accomplishments and support.

The two 2016 inductees into the Tennessee Credit Union Hall of Fame both reside in the East Tennessee region. This year’s awards were given to Tom Hilton, retired chief executive officer of Y-12 Federal Credit Union, and M. Wayne Hope, retired CEO of Enrichment Federal Credit Union. Both recipients have lived their lives and modeled to others the credit union difference of “People Helping People.” [Read more…]

Investigation continues, suspect info released in Y-12 FCU kidnapping, extortion

Posted at
By Leave a Comment

Oak Ridge Police Department at Y-12 Federal Credit Union

Oak Ridge Police Department officers and detectives responded to the Y-12 Federal Credit Union on Tuesday morning, April 28, for what was later reported to be a kidnapping and extortion plot involving a credit union employee’s family and the Oak Ridge branch of the credit union.

 

Authorities continue to investigate a kidnapping and extortion plot involving the Y-12 Federal Credit Union in Oak Ridge last week, and the Federal Bureau of Investigation has released some information describing the three suspects.

The alleged kidnapping and extortion started at about 8:15 a.m. Tuesday, April 28, when a credit union employee’s family was kidnapped from the Whittington Creek neighborhood in west Knox County in an effort to extort money from the credit union, the FBI said in a press release on Wednesday.

“The employee’s family was held at gunpoint for a period of time before being released in the Gettysvue Country Club parking lot in Knoxville, around 9:25 a.m.,” the release said. “Upon being released, the victims were able to seek help from a nearby residence. During the law enforcement response, the suspects fled and remain at large. No injuries were reported, and no money was taken from the credit union.” [Read more…]

Area credit unions join to launch CU Community Title Company LLC

Posted at
By Leave a Comment

Submitted

CU Community and Credit Union Services of East Tennessee, or CUSET, have teamed up to launch CU Community Title Company LLC, effective January 2, 2015.

The joint venture represents a groundbreaking collaboration between East Tennessee’s most successful subsidiaries of ORNL Federal Credit Union and Y-12 Federal Credit Union, both headquartered in Oak Ridge, a press release said.

“Title companies are a natural extension of the mortgage business,” said Ron Honeycutt, CUSET chairman. “Y-12 FCU and ORNL FCU are two of the area’s largest and most successful mortgage providers. Forming a title company gives us added flexibility in meeting the mortgage needs of our respective membership, while ensuring they receive the best value, convenience, and peace of mind.” [Read more…]

Y-12 Federal Credit Union names new CEO

Posted at
By Leave a Comment

Mark Ziegler

Mark Ziegler

The Y-12 Federal Credit Union board of directors has named a new president and chief executive officer.

Mark Ziegler, the new CEO, will replace Tom Hilton, who will retire later this year, a press release said.

“Tom Hilton joined Y-12 Federal Credit Union more than 20 years ago as president/CEO and has led Y-12 FCU to achieve goals that we never imagined when he came on board,” board chairman Don Norris said. “We sincerely appreciate his leadership and dedication over the past 20-plus years and wish him the best in his retirement. [Read more…]

Y-12 Federal Credit Union appoints North Knoxville branch manager

Posted at
By Leave a Comment

Jessica Smith

Jessica Smith

Y-12 Federal Credit Union recently announced that Jessica Smith has been named branch manager of the North Knoxville Branch.

Smith has almost nine years of experience in the banking industry, a press release said. She has a bachelor’s degree in business administration from the University of Tennessee and is currently attending Lincoln Memorial University for her master’s in business administration.

[Read more…]