Member, Board of Directors
EATON FAMILY CREDIT UNION INC
Eaton Family Credit Union Profile: BOARDOFDIRECTORS Eaton Family Credit Union (EFCU)'s Board of Directors is made up of nine (9) directors. Directors are elected by ballot or appointed during the year and announced at the Annual Meeting of the credit union. Generally, each director is elected for a three (3) year term. There are an odd number of directors to avoid tie votes. The Chair of the Board of Directors is the tie- breaker. All directors are volunteers with the exception of the CEO. Officers of the Board include Chair, Vice Chair, Secretary, and Treasurer and are elected by the Board of Directors immediately following the annual meeting. Generally, the Treasurer of the Board of Directors is the CEO of the Credit Union. The objective of EFCU's Board of Directors is to represent a well-rounded make-up of the Credit Union membership.
Director Responsibilities - Primary Function: To assure that the credit union maintains a sound financial conditions, set policy, plan the credit union's course, keep communication open to members, review CEO's progress in achieving goals and objectives, report to members at the annual meeting
Must not have been convicted of a felony. Must be bondable by the Credit Union’s insurance company. Must have and maintain a positive credit report and pass a background investigation and drug test.
No additional volunteer opportunities at this time.
About EATON FAMILY CREDIT UNION INC
333 BABBITT ROAD, EUCLID, OH 44123, US
Our mission is to be our members' preferred source for financial products and services by meeting the growing and changing needs of the membership while maintaining a position of financial strength
Eaton Family Credit Union, a member owned, not-for-profit, financial cooperative was established in 1937. Originally named the Dual Ratio Federal Credit Union, the Credit Union was established to serve the employees of the Eaton Axle Plant on the eastside of Cleveland, OH.
Our Credit Union has changed a lot since the infancy of the credit union movement in the 1930’s, especially in the products and services we offer. Eaton Family Credit Union has grown into a full-service financial institution offering a wide range of financial products and services, now serving more than 13,000 members worldwide.