Over 9,000 Members — and Counting
Timberland Federal Credit Union is a not-for-profit financial cooperative, owned and operated democratically by members like you! Our Board of Directors consists of volunteers, who are elected at our annual meeting by our members.
The National Credit Union Administration insures your Share Savings at the credit union to at least $250,000.
Our goal is to provide our membership with high quality service, understanding, and convenience. We hope you will use your credit union membership and discover the fantastic value and rewards of TFCU!
The Timberland Timeline
1973 - Our credit union opened their doors as Riverside Employees Federal Credit Union. At the end of our first year of operation, membership had grown to 843 with $129,000 in assets. The “official” offices were above the old Riverside store #3 (currently the Giant Eagle) in DuBois.
1985 - the Board of Directors decided to change the name to Timberland Federal Credit Union to attract other companies and reflect the diverse company base it was building. “Timberland” was chosen because DuBois was once known for its timber industry, and in French, “DuBois” means “of the woods.”
2002 - Timberland Federal Credit Union expanded its operations by adding a second branch in Clearfield.
2016-18 - 2016 Your credit union opened a third branch in Philipsburg and a fourth branch in Pleasant Gap (2018), while expanding our charter to Jefferson and Centre counties as well as Clearfield county.
2020 and beyond - Your credit union is committed to building relationships in the communities we serve while keeping its focus on YOU, an owner. Timberland Federal Credit Union, a credit union, YOU can GROW with!
Meet The Timber Team
YOUR Board of Directors
Timberland Federal Credit Union’s all-volunteer Board of Directors is elected by the membership at the annual meeting every March. The Board, in turn, makes policy decisions for the operation of the Credit Union. The current Board is:
Mark Lambert – Chair
Initial Member since: 2018
Ed Witherite –Vice Chair
Initial Member since: 2018
Faith Maguire – Secretary
Initial Member since: 2019
Craig Moore - Treasurer
Initial Member since: 2020
Keith Dusch – Facilities Director
Initial Member since: 2008
In addition, the Board of Directors appoints a Supervisory Committee that is dedicated to ensure policies and procedures are in place to safeguard the assets of the Membership. The current Supervisory Committee is:
Craig Moore – Supervisory Chair
Keith Barry – Supervisory Member
Ken Roan – Supervisory Member
Joel Slagan, CFE, CAMS, NCRM, CUCE, CCUFC – President/CEO
Shane Pentz – Executive Vice President/Chief Financial Officer
Bill Costan – SVP of Lending (NMLS #1038499)
Stephanie Bagshaw – AVP Regional Operations Manager
Alec Starr – Senior Lending Consultant (NMLS #1727804)
Jay Edmiston, NCBSO, NCCO, CCUFC – Compliance/Communications Officer (NMLS #1099864)
Randy Harris- Collections/Lending Manager