Board of Directors Election Notice

An election to fill three (3) open seats on the Leominster Employees FCU Board of Directors will be held on Wednesday May 3, 2017 at the credit union's annual meeting.  Each Directors position has a three year term of office.

Members interested in running for the Board of Directors should contact Tom Clark to obtain Nomination Papers.  Nomination Papers must be submitted by Friday, April 28, 2017.

Qualifications:

  • Must be a current Member of the Credit Union.
  • No special skills, training or schooling required.  Just a basic desire to  help make our Credit Union the best Credit Union it can be.

Board Member Duties:

  • Work closely with the Manager and other Board Members to develop objectives and goals for the Credit Union.
  • Make sure that the Credit Union adheres to pertinent laws, regulations and sound business practices.
  • Oversee the development and approval of Credit Union policies.
  • Approve the Credit Union's annual budget
  • Attend monthly Board Meetings.
  • Set rates for all Credit Union Loan and Deposit products.