Knoxville TVA Employees Credit Union announces new CEO & President

KNOXVILLE, TN (September 6, 2023) — The Board of Directors of Knoxville TVA Employees Credit Union (KTVAECU) announced Lynn Summers  has been named President and Chief Executive Officer, effective August 3, 2023. Lynn Summers replaced  Glenn W. Siler, who retired April 30, 2023, after 49 years of service at KTVAECU, including 17 years as  President and CEO.

“The Board of Directors were unanimous in their decision to select Lynn Summers as our new  President/CEO. Lynn embodies the credit union philosophy of “People Helping People” and fosters a team  environment that supports our culture of providing excellent Member service. We are excited about the  Credit Union’s future!” declares Tom Heffernan, Chairman of the Board for KTVAECU. 

Summers, with over 33 years in the credit union industry, started her career at Knoxville TVA Employees  Credit Union in 1990 as a teller. Summers progressively moved into areas of increased responsibility, from  Loan Officer to Branch Manager to Chief Support Officer to her most recent position as EVP/Chief  Operating Officer. During her tenure at KTVAECU, Summers’ multiple roles influenced the growth of Credit  Union assets from $193 million to over $4 billion.  

“Lynn’s exceptional leadership skills and deep industry knowledge make her the ideal choice to lead the  Credit Union,” says Kimberley Trimble, Chief People Officer. “We have great confidence in her ability to  steer the Credit Union towards even greater achievements in the future.” 

Summers’ passion for credit unions began early in her career when she learned credit unions fundamentally  embody a “people helping people” philosophy. Summer fondly states, “Helping others is where my joy lies,  whether it be helping our Members reach their financial goals or helping the staff reach their career goals.” 

Summers earned a Master of Business Administration from Lincoln Memorial University. She obtained  several industry certifications, including a Certified Chief Executive designation from CUES and a Certified  Credit Union Executive (CCUE) designation from CUNA.  

Summers is local to East Tennessee. She was raised and still resides in Morgan County, Tennessee. Her  knowledge of the area, familiarity with the people living in East Tennessee, and sound experience at  KTVAECU are deeply rooted. Even after 33 years at KTVAECU, she continues to serve the community  where she lives and works. Summers strives to provide KTVAECU Members with the highest level of  financial products, technology, and member service to help them manage their money today and in the  future.

About Knoxville TVA Employees Credit Union

Knoxville TVA Employees Credit Union is a not-for-profit, member-owned, and locally operated financial  institution that serves the community's financial needs. Membership is available to anyone who lives or  works in the following counties: Blount, Hamblen, Jefferson, Knox, Loudon, Roane, Sevier, Sullivan, and  Johnson City. The Credit Union helps members grow financially by offering a variety of accounts, including  checking, savings, and retirement accounts. In 2024, Knoxville TVA Employees Credit Union will celebrate  90 years of serving East Tennessee.


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