Oak Ridge, TN (February 21, 2025) |
Y-12 Credit Union is pleased to announce the appointment of Dustin Millaway as its new president and chief executive officer (CEO). With 17 years of experience in financial services—10 of which were spent as Y-12 Credit Union’s chief financial and strategy officer—Millaway has been instrumental in driving the organization’s growth, financial success, and strategic direction. His promotion reflects the Credit Union’s commitment to continuity, innovation, and service as it enters its next phase of expansion.
Throughout his tenure, Millaway has played a key role in the Credit Union’s strategic planning initiatives, guiding efforts that have strengthened the organization’s financial position and enhanced its ability to serve members. Notably, he led the acquisition of First State Bank of the Southeast in Kentucky, expanding Y-12 Credit Union’s reach and capacity. Under his leadership in accounting and finance, the Credit Union also surpassed $2 billion in assets, marking a significant milestone in its history.
"We are proud to name Dustin Millaway as the next president and CEO of Y-12 Credit Union," said David Rupert, Chair of the Board of Directors. "His deep expertise, visionary leadership, and unwavering dedication to our mission make him the ideal choice to lead us into the future. We are confident that under his direction, our Credit Union will continue to succeed and evolve in service to our members and communities."
Millaway succeeds retiring president and CEO Mark Ziegler and looks forward to building on his predecessor’s successes. His focus will be on expanding financial accessibility, enhancing member-first services, and strengthening the Credit Union’s presence within the community.
“It is an honor to step into this role and continue the work that has defined Y-12 Credit Union for more than seven decades,” said Millaway. “Our commitment to providing innovative financial solutions, fostering strong community partnerships, and prioritizing our members remains steadfast. I look forward to leading our team and building on the strong foundation that has been laid by our former CEOs, Mark Ziegler, and Tom Hilton. As I embrace this new role, I cannot help but reflect on my mentor and late Y-12 Credit Union CFO, John Steger, who not only helped grow the credit union, but also made an immeasurable impact on my life and career. I owe so much to him.”
Under Millaway’s leadership, members can expect continued investment in modern banking solutions, seamless digital services, and expanded community engagement efforts.
Y-12 Credit Union extends its gratitude to its board, team members, and community partners for their support during this leadership transition. This internal promotion reflects the organization’s strong culture of leadership development and long-term vision for sustainable growth.
