NASHVILLE, Tenn. -- Michael Martin is the new president/CEO ofThe Tennessee Credit Union.

Martin succeeds Betty Hobbs, who retired in December 2006 after40 years at the helm. Martin, who had been serving as interimpresident/CEO, has been with the $205 million CU for 24 years in anumber of executive positions.

Martin was involved with opening 12 of 13 TTCU locations,supervised a conversion to an in-house data processing system,implemented risk-based loan pricing, and introduced a home equityline-of-credit product. In addition, Martin implemented andmaintained the TTCU's program of asset liability management toensure compliance with budgeted goals and applicableregulations.

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