Press Release: Bill Love to Retire After 25 Years of Service
April, 26th 2026
Greenville, SC — MTC Federal Credit Union today announced that Bill Love, President and CEO, is retiring from his role effective June 1, 2026, following 25 years of dedicated leadership. The Board of Directors has appointed Kimberly Witt, current Executive Vice President, as the next President and CEO.
Love’s decision to retire comes as he looks forward to spending more time with his family after a distinguished career leading MTC Federal through a period of meaningful growth and transformation.
Under Love’s leadership, MTC Federal strengthened its position as a trusted financial partner, expanded its membership base, enhanced its digital banking capabilities, and deepened its commitment to the communities it serves. His tenure reflects a steadfast dedication to the credit union philosophy of people helping people and MTC Federal’s mission of working hard for hardworking people.
“Bill’s leadership over the past 25 years has been instrumental in shaping MTC Federal into the strong, member-focused organization it is today,” said Michael Hanna, Chair of the Board of Directors. “On behalf of the Board, we are incredibly grateful for his vision, commitment, and service. Just as importantly, we are confident in the future of MTC Federal under Kimberly’s leadership. She brings deep institutional knowledge, financial expertise, and a proven ability to align teams and strategies to deliver results for our members.”
Witt brings more than 20 years of experience at MTC Federal, where she has held leadership roles across the organization, most notably in financial strategy and operations. As Executive Vice President, she has been a key driver of organizational alignment, operational performance, and long-term planning. Witt has also been an integral part of the credit union’s succession planning efforts, ensuring a seamless and thoughtful leadership transition.
“I am honored to step into this role and continue building on the strong foundation that Bill and our team have created,” said Witt. “MTC Federal’s commitment to our members and our communities remains as strong as ever. I look forward to working alongside our talented team to continue delivering exceptional service, innovative solutions, and meaningful impact.”
Love will remain actively engaged through June 1, working closely with Witt and the Executive Leadership Team to ensure a smooth transition.
“As I reflect on my time at MTC Federal, I am filled with gratitude for the people I’ve had the privilege to work with and serve,” said Love. “This organization is built on a strong mission, a dedicated team, and a deep commitment to our members. I have complete confidence in Kimberly’s leadership and the continued success of MTC Federal.”
With a strong leadership team in place and a clear strategic direction, MTC Federal remains well-positioned for continued growth and success as it looks ahead to the next chapter in its 50-year history.
About MTC Federal Credit Union
MTC Federal Credit Union is a not-for-profit financial cooperative dedicated to serving its members and strengthening the communities it calls home. For more than 50 years, MTC Federal has provided trusted financial solutions, modern digital banking tools, and personalized service designed to help hardworking people achieve their financial goals.
Media Contact: Scott Muscarella | smuscarella@MTCFederal.com