OKLAHOMA CITY, OK – Michael D. Kloiber, president and CEO of Tinker Federal Credit Union (TFCU) will retire after 33 years with the institution, 25 of which were served as TFCU’s CEO. Kloiber has 43 years of financial industry work experience and previously held the positions of senior vice president/chief operations officer and vice president of operations at TFCU.
During his time as CEO, Kloiber has seen TFCU’s assets grow from less than $1 billion and 155,000 members in 1995, to more than $5 billion in assets and nearly 420,000 members by the end of 2020.
“I have had the privilege to work with Mike Kloiber his entire career as President/CEO.
During that time, Mike has led TFCU to an amazing level of success, and he has been an inspiration to all of us with his leadership and professionalism,” said Sheila Jones, chair of the board of directors for TFCU.
Among TFCU employees, Kloiber is well-known for his friendly demeanor and for personally calling or visiting every TFCU employee on their birthday to congratulate them and thank them for their work.
Kloiber has a reputation for loving his country and local community and has put his heart for service into action with the development of Team Tinker Home Away from Home (TTHAFH). TTHAFH is a 501c3 program that was created by Kloiber and his wife, Pam, to partner young first-term enlisted service members stationed at Tinker Air Force Base with mentoring host families to give them a safe and stress-free family environment in their new “home away from home.” In the past eight years, TTHAFH has mentored 1,026 first-term enlisted service members and currently has 71 host families, including the Kloibers themselves. The Kloibers have guided 18 other Air Force Bases and three Army Posts across the country in implementing their own programs modeled after TTHAFH.
“Thank you for your support and confidence that allowed me to serve as your chief executive for a quarter of a century. Together, we have taken TFCU to the highest of heights, and I believe that the best years are yet to come,” said Kloiber, “Longevity plus premium service are the keys to our future success.”
Dave Willis, the credit union’s co-president and chief operations officer (COO), has been selected as Kloiber’s successor and will be named president and chief executive officer (CEO) on September 1, 2021.
Mike Kloiber’s Commitment to the Community and the Credit Union Movement:
- Better Business Bureau of Central Oklahoma, Board of Directors (past Board Chair for four years)
- Credit Union Shared Service Centers, Inc. of Oklahoma, Board of Directors (past Board Chair for two years)
- Defense Credit Union Council, a national trade association, Board of Directors (Board Chair) Defense Credit Union Council; Midwest Sub Council, Board of Directors (Chair)
- Navy League of the United States Oklahoma City Council, Board of Directors (President for four years)
- Midwest City Chamber of Commerce, Board of Directors (past Board President for three years)
- Greater Oklahoma City Hispanic Chamber of Commerce, Board of Directors (Chair)
- Cornerstone Credit Union League (Regional Trade Association), Board of Directors (Past Chair for two years)
- CU Resources, Inc., Board of Directors (Past Chair)
- Cornerstone Credit Union Foundation, Board of Directors
- University of Central Oklahoma’s Foundation Board (nine years)
- Thrift Institutions Advisory Council for Chairman Bernanke and Board of Governors for the Federal Reserve Bank (2010)
- Community Depository Institutions Advisory Council for Chairman Bernanke and the Board of Governors of the Federal Reserve Bank, Washington DC (2011 & 2012)
- Credit Union Association of Oklahoma, Board of Directors (past Board Chair for five years)
- Del City Chamber of Commerce, Member
- Edmond Chamber of Commerce, Member
- Greater Oklahoma City Chamber of Commerce, Member
- Moore Chamber of Commerce, Member
- South Oklahoma City Chamber, Member
- Credit Union Executive Society, Member
- Oklahoma Credit Union Executives, Member
- Team Tinker Home Away From Home Foundation (First Term Airmen Host Family Program), Co-Founder and Host Family
- Air Force Association, Member
Mike Kloiber’s Honors Received:
- Defense Credit Union Council Hall of Honor, 2012
- Oklahoma’s Most Admired CEOs, 2011 & 2014
- Oklahoma Credit Union Political Activist of the Year, 2009 & 2010
After 33 years of service, Tinker Federal Credit Union President and CEO, Michael D. Kloiber, will retire August 31, 2021.
In 2012, Kloiber was inducted into the Defense Credit Union Council Hall of Honor.
As a Tinker Home Away from Home host family, Mike and Pam Kloiber celebrate milestones with the first-term service Airmen they mentor, such as Zachary Conley’s promotion to the rank of Airman First Class in 2014.