Members (not investors!) own MIT Federal Credit Union, and that makes all the difference.
Credit unions are member-owned, not-for-profit financial cooperatives dedicated to improving members' lives. Credit union members elect a volunteer board of directors to oversee the credit union. Our Board of Directors makes decisions with our members' best interest at heart — unlike bank directors and employees of banks who are legally obligated to make decisions that benefit stockholders, not customers.
The MIT Federal Credit Union's nominating committee is seeking credit union members who are interested in serving on the Board of Directors. Three 3-year terms on the board will be open for the 2010 election in the spring.
If you are interested in serving on the MITFCU Board of Directors, contact Richard Flanagan at firstname.lastname@example.org. The application submission deadline is Wednesday, Nov. 18.
As a member/owner of the MITFCU, you can make a difference!