Member, Board of Directors

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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.