Members Exchange Federal Credit Union Announces New President and CEO
Susan Boshart to Succeed Mitzi Tate Following 27 Years of Transformative Leadership
Ridgeland,
MS – Members Exchange Federal Credit Union is proud to announce the appointment
of Susan Boshart as its next President and Chief Executive Officer, effective
January 1, 2026. This transition marks the beginning of a new era of
leadership, following the retirement of Mitzi Tate, who will retire on December
31, 2025, after an extraordinary 27-year tenure as President/CEO.
Boshart
holds a bachelor’s degree in accounting from the University of Southern
Mississippi and began her journey with Members Exchange as an Assistant Vice
President. Over the past 26 years, she has steadily risen through the ranks,
demonstrating exceptional leadership across a wide range of departments. Most
recently serving as Executive Vice President, Boshart has played a pivotal role
in shaping the credit union’s strategic direction. Her appointment as
President/CEO reflects a career defined by dedication, vision, and a deep
understanding of every facet of the organization.
“Her
career path is the exception rather than the norm. Susan demonstrates a high
energy level with strong organizational skills. She has become a leader and
coach who consistently displays compassion, humility, integrity, and innovation
while procuring high performance and growth. I am excited to see the credit
union flourish under her leadership,” said Tate.
Tate
has served Members Exchange for nearly 44 years, including twenty-seven years
as its President and CEO. Under her leadership, the credit union has grown from
offering only shares and loans with $20 million in assets to over $140 million
in assets, now offering a vast array of competitive financial products and
services. Her vision to establish a credit union footprint in the Jackson area
began with establishing branches in Hinds, Madison, and Rankin counties, which
has made Members Exchange one of the most competitive credit unions in the
state.
“The
contributions Tate has made to our credit union over the years are just too
numerous to list. Her leadership has driven significant advancements in our
credit union, from expanding member services to...