News & Announcements

East River Federal Credit Union’s Board of Directors Announces New President/CEO

The East River Federal Credit Union Board of Directors is pleased to announce the appointment of Tanya Hobson as the Credit Union’s next President/CEO.  She succeeds Mechelle Johnson, who will be leaving the Credit Union in June after 24 years as the President/CEO.   

Hobson, who has been with East River FCU since December previously held the title of Vice President of Operations.  Her career in the financial industry stretches across 20 years, 16 of which are specific to Credit Unions.  Prior to joining East River FCU Hobson was the Chief Administrative Officer for a Credit Union in Wyoming.  However, she does have ties to South Dakota as she spent 11 years in leadership roles at Sioux Empire FCU in Sioux Falls and her son is a graduate of Dakota State University in Madison.

“I am honored to have the opportunity to serve as East River FCU’s next President/CEO,” said Tanya when asked about her new role. “East River FCU has done an outstanding job over the years under Mechelle’s leadership and I look forward to leading an organization with a talented team that continues to be focused on building success stories with our membership and community partners.”

When the role of president needs to be filled at a Credit Union, the task falls on its Board of Directors to seek out a candidate who embraces the Credit Union’s mission and culture.

East River FCU Board Chair, Stacy Krusemark states, “The East River FCU Board of Directors are fortunate to have found such a highly qualified individual to step in and fill the role of president upon the departure of Mechelle Johnson. We are extremely grateful for the many accomplishments East River FCU has experienced over the last 24 years under Mechelle’s leadership. She has worked tirelessly to ensure the success of our Credit Union, always putting the member and staff needs above all else. As we transition to this new chapter of leadership, we look forward to working with Tanya as she builds on this success and moves East River Federal Credit Union forward.”

About East River Federal Credit Union
East River Federal Credit Union was founded in October 1956 through the vision of the founding members who where employees of East River Electric.  Since its inception, the Credit Union has grown to over $30 million in assets and has expanded its field of membership to encompass any one who lives, works, worships or attends school in Miner or Lake County or has an immediate family member that does. 

East River FCU’s promise to its member is:
• To work in your best interest to provide personalized financial solutions so you may achieve financial success
• To deliver a unique member service experience, while building trusted relationships
• To simplify your financial life so you may focus on your day-to-day activities and family
• To always offer fair and competitive products and services
• To support the community, making it a better place to live

View All News & Announcements »