Innovations FCU Announces Promotion of Tim Burnett to Loan Servicing Manager

PANAMA CITY, FL — Innovations Financial Credit Union is pleased to announce the promotion of Tim Burnett to Loan Servicing Manager.

Tim joined Innovations in 2025, bringing more than 26 years of credit union experience, including previous experience serving as a Loan Servicing Manager. Most recently, he served as a member of Innovations’ Commercial Lending team.

In his new role, Tim will oversee loan servicing operations, helping ensure efficient processes and exceptional service for Innovations’ growing membership and loan portfolio.

“Tim brings a wealth of knowledge and experience to this position, and we’re excited to have him step into this leadership role,” said David Powell, Senior Vice President and Chief Operating Officer of Innovations Financial Credit Union. “His previous loan servicing management experience, combined with his understanding of our organization, makes him an excellent fit. As our loan portfolio continues to grow, his leadership will be an asset to our team and the members we serve.”

Tim’s promotion reflects Innovations’ continued commitment to strengthening its operations, developing its team, and providing outstanding service to members.

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About Innovations Financial Credit Union

Innovations Financial Credit Union has served its members since 1952 by helping them build a sound financial future. Presently, Innovations has more than 28,500 members and manages assets of more than $707 million. Innovations Financial Credit Union serves the financial needs of people who live, work, attend school or worship in Bay, Holmes, Washington, Jackson, Calhoun, Gulf, Walton, Okaloosa, Franklin and Liberty Counties.

For more information about Innovations Financial Credit Union, call 850.233.4400 or visit InnovationsFCU.org.