Annual Meeting & Board Nominees Notice


The Annual Meeting will be held at Bridgewater Place on Tuesday, March 7, 2023 at 6pm Eastern. Refreshments will be served at 5:30pm.

Credit unions are not-for-profit, member-owned co-operatives, governed by a volunteer Board of Directors comprised of members who ensure the credit union is being managed in a sound and secure manner. The Nominating Committee, comprised of three active credit union members appointed by the Board of Directors, has entered the following nominees for consideration to the membership for the 2023 election to fill vacancies on the UT Federal Credit Union Board of Directors:

Michael Carter

Michael Carter is the Assistant Vice President of Advancement Services for the University of Tennessee Foundation. As a member of the Foundation leadership team, Mr. Carter provides strategic vision for systems implementation and advancement services support to the Foundation, UT Alumni Association, and UT System Wide Campuses. Mr. Carter is responsible for all aspects of systems support including Alumni and Donor Information, Business Intelligence, User Services, Enterprise Applications, Online Engagement, and Prospect Management and Research. Prior to his position with the foundation, he spent 12 years with the Office of Information Technology working in various capacities including application development, data quality, and project management. He received both his BS degree cum laude in Management Information Systems and his MBA from Western Carolina University. Mr. Carter has been a UT Federal Credit Union member since 1992. He served on the UTFCU Supervisory Committee from 2009-2019, and was elected to the Board of Directors in 2020. 

Trudy Hughs

Ms. Hughs is the executive director of Arrowmont School of Arts and Crafts. Ms. Hughes, a native of East Tennessee, served as vice president of regional advancement at East Tennessee Foundation for nearly a decade prior to her current role. Prior to her tenure at East Tennessee Foundation, she worked with children’s advocacy organizations, held adjunct positions at several regional colleges and universities, and early in her career worked in banking. Ms. Hughes holds degrees in Finance (B.S.), Human Services (B.A.) & Community Counseling (M.Ed.), from University of Tennessee. Ms. Hughs has been a UT Federal Credit Union member since 2019 and was elected to the Board of Directors in 2020.

Michael (Mike) McNeil

Mike McNeil retired from the University of Tennessee, Knoxville in 2010 after working for 40 years in the information technology area. After retirement, Mr. McNeil has occasionally worked part-time on projects for the University of Tennessee Center for Business and Economic Research as well as lecture for the Accounting and Information Management department of the University of Tennessee. Mr. McNeil served on UTFCU’s Supervisory Committee from 2005 until 2008 and was elected to the Board of Directors in 2008, and became Board Chair in 2020. Mr. McNeil earned the Credit Union National Association’s Volunteer Certification. He received his bachelor’s degree from UT Knoxville and has been a credit union member since 1989.


In addition to the slate of nominees filed by the Nominating Committee, members have the opportunity to nominate themselves or another member by submitting a petition bearing the signatures of at least 248 UTFCU members by January 21, 2023. Each nominee by petition must submit a statement of qualifications, biographical data, and a signed statement agreeing to nomination and willingness to serve if elected.

In compliance with UTFCU regulations, no ballots will be mailed. If there is a candidate by petition, a vote will be held at the Annual Meeting. No nominations will be taken from the floor at the meeting. Newly elected members to the Board of Directors will be announced at the Annual Meeting, Tuesday, March 7, 2023.

Any questions or inquiries should be directed to 865-971-1971, ext. 144., or



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