MFCU Announces Executive Level Expansion

Members First Credit Union President and CEO, Carrie Iafrate, is happy to announce an exciting expansion of the credit union’s executive level suite to include a Chief Financial Officer, Chief Operations Officer, and Chief Strategy Officer, beginning April 4th, 2022. 

Iafrate introduced her plan to promote current Vice President of Finance, Tamara McGovern, current Vice President of Operations, Amy Garver, and Director of Strategic Development, Marcie Long to create the organization’s inaugural C-suite, at a board meeting early last month and internally to team members last week. 

The development of this new tier of executive leadership will allow the organization to dedicate critical resources and attention to product innovation, member experience, employee development, and community impact for all membership. As the organization grows, the ability to make financially savvy, strategic decisions that encourage a better tomorrow for employees and members remains their top priority. By placing these strategic drivers into their respective positions, Iafrate believes the organization will be able to deepen the impact and reach of the credit union.

“I am proud to be creating the first C-suite in our organization and promoting these exceptional leaders.  I recognize the importance of elevating team members who have been fundamental in cultivating prior success for our organization. Each of these women is a proven disruptor by challenging the way things have always been done and are key to our healthy, vibrant growth. They energize me to drive progress with them.”

As Chief Operations Officer, Amy Garver elevates member experience. She ensures Members First Credit Union processes are optimized by empowering teams to fulfill their purpose of serving members and communities through all channels. She leads with enthusiasm and a deep passion for the service experience. Garver has been with Members First since the merger with Central Michigan Community Federal Credit Union in 2012. She served as the Assistant Vice President of Operations at CMCFCU prior to merge. 

As Chief Financial Officer, Tamara McGovern leads the financial affairs of the credit union to ensure outstanding performance, growth, safety, and soundness for the organization and members. Taking a “risk aware” approach, she is able to optimize revenue and enhance the credit union’s performance in accordance with strategic initiatives. She develops financial plans that are innovative, smart, and forward-thinking. Tamara joined Members First in 2020 and brings with her over 25 years of experience in the Finance and Banking industry.

As Chief Strategy Officer, Marcie Long cultivates a community that attracts engaged employees who proudly commit to the culture. She ensures Members First Credit Union’s strategy, brand, and culture align and personify the co-operative’s core values to be trustworthy, caring and enthusiastic. Marcie has a fierce desire for progress and purpose and over 15 years of credit union experience.

Members First is confident that the purpose-driven leadership of this executive team will position the co-operative to provide financial security for their members while encouraging a better tomorrow in a meaningful and impactful way.

Additional details about Members First Credit Union and their leadership team can be found at mfcu.net/leadership.