Lily Newfarmer serves as President and CEO of Tarrant County’s Credit Union in Fort Worth, Texas, where she has led the organization for more than 25 years. With over three decades in the credit union movement, Lily has dedicated her career to strengthening cooperative finance, advocating for small credit unions, and developing leaders within the industry.

Lily is committed to mentorship, collaboration, and ensuring that the perspectives of smaller credit unions are represented at the national level. She is a graduate of the University of Madrid, Spain, with a Bachelor of Arts in Business and Finance, a graduate of Southwest Credit Union Management School, and holds both the Credit Union Development Educator and International Credit Union Development Educator designations. She has also served as faculty at Southwest Credit Union Management School for more than 20 years and currently cofacilitates Cornerstone’s Principal and Philosophy Workshop.

Lily is a founding member and current Board Chair of the Credit Union Women’s Leadership Alliance (CUWLA). She serves on the Board of the Filene Research Institute, is the Vice Chair of CU Evolution (CUSO) and serves on the ACU’s Small Credit Union Committee. Her past service includes leadership roles with the Cornerstone Credit Union Foundation, Cornerstone League, Filene’s Research Council, and multiple national and regional committees.

Lily was inducted into America’s Credit Union Museum’s “Credit Union Women Making History: Herstory” exhibit in 2022.