In 1995, following the bombing of the Alfred P. Murrah Federal Building that destroyed the offices of Federal Employees Credit Union, TFCU offered space in its corporate offices to enable FECU to continue operations and serve its members. During the domestic terrorist attack, 33 employees were working. Eighteen employees, a board member, a credit committee member and 85 credit union members perished, accounting for more than 60% of the 167 persons who died.

Kloiber organized and oversaw a team of executives and support staff to work with the FECU survivors and ensure the credit union would not only survive but eventually thrive, according to TFCU's member newsletter Money's Worth.

And thrive it did.

Since June 1995, FECU, which was later renamed Allegiance Credit Union, grew assets from $77 million and 15,539 members to its current $363 million in assets and nearly 26,000 members, according to Call Reports.

In 2013, a tornado obliterated TFCU's Moore branch and the only thing left standing was part of one wall and the safe deposit box vault where employees and members rode out the storm and survived. Less than a year later, a new branch rose from the pile of destruction, becoming the first business in town to reopen, the newsletter noted. Finally, in 2020, Kloiber led the credit union through the COVID-19 pandemic. Like most businesses, the credit union faced unprecedented challenges to continue delivering its products and services to members.

But what Kloiber wants to be remembered for most is that he served as a leader who related to employees, members and volunteers, the newsletter noted.

"We really have been like a family. I've spent more time with a lot of our employees than I do anyone else, and I've worked with many of them through my entire TFCU career," Kloiber said in Money's Worth. "I tried to be a leader who employees of all levels would feel is approachable."

Willis noted that Kloiber's retirement marks an end of an era as he prepares to start a new one for TFCU when he becomes its new CEO.

"They say that people don't leave a job because of pay or dissatisfaction with the work, but because of the boss. So, it's a testament to Mike's leadership all these years that the average tenure of his management team is more than a quarter century," Willis said in Money's Worth. "I have big shoes to fill."