Tennessee Members 1st FCU Announces New President/CEO

OAK RIDGE, TENNESSEE – Tennessee Members 1st Federal Credit Union is pleased to announce the selection of Rick Mikels as the organization’s new President/Chief Executive Officer.

Rick has spent the last eight years as the Chief Executive Officer at East Tennessee Military Association Federal Credit Union (ETMA) in Louisville, Tennessee. While at ETMA, Rick directed all operations for the $16 million dollar credit union. Rick was instrumental in the enhancement of the credit union’s website, internet and mobile banking services as well as expanding into new markets and improving the overall financial strength of the credit union. Prior to ETMA, Rick served as the Chief Financial Officer for Knoxville TVA Employees Credit Union. Rick has a Bachelor’s of Science in Finance from the University of Tennessee and a Master’s of Business Administration in Management from Tennessee Technological University. Rick also is a Certified Credit Union Executive (CCUE) and a graduate of the Credit Union Executive Society (CUES) School of Business Lending.

“Rick has a great deal of financial and business knowledge and we are confident that he will bring a successful future to Tennessee Members 1st FCU,” said Wayne Missaggia, Chairman. “Rick has many great ideas for continuing and enhancing the history of growth and exceptional member service of Tennessee Members 1st. His leadership will be critical in finding new ways to serve our membership and meet their financial needs.”

Rick is succeeding the retiring Robert (Bob) LaGanke, who has served the credit union industry for the last 52 years.

About Tennessee Members 1st Federal Credit Union

In 1946, Tennessee Members 1st was Oak Ridge’s first credit union chartered by the Federal Government to serve Department of Energy employees. With two branches, 5,450 members, and $90 million in assets, Tennessee Members 1st is a vibrant organization that provides its members with convenient, personalized service and access to a full range of products and services. As a not-for-profit, member-focused organization, Tennessee Members 1st always puts its members first and prides itself on being active in the community through sponsorship of many local charity events each year. In October 2005, Tennessee Members 1st received its community charter for Anderson, Knox, and Roane counties. Anyone who lives, works, worships, or attends school in those three counties can join Tennessee Members 1st. For further information, please visit


Friday October 10, 2014

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