The $688 million Y-12 Federal Credit Union in Oak Ridge, Tenn., has named 30-year financial services veteran Mark Ziegler as its new president/CEO.

Ziegler is currently chief lending officer at the $1 billion MAX Credit Union in Montgomery, Ala., and president of its MAX Capital LLC subsidiary and will succeed Tom Hilton when he retires later this year, Y-12 FCU said Wednesday.

"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 in the announcement.

"Mark Ziegler brings to Y-12 FCU a proven track record of success and is a great fit for the culture that Tom has established," Norris added.

Ziegler began his credit union career at the former Community Credit Union (now ViewPoint Bank) in Plano, Texas, where he became chief lending officer, and he also has been senior vice president of operations at Allied Solutions, Y-12 FCU said.

He's also a Certified Credit Union Executive and has a bachelor's degree from Texas State University and an MBA from Dallas Baptist University, the 81,000-member Y-12 FCU said.

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