On Wednesday, March 28, 2018 the Credit Union held its 78th Annual Meeting. To begin the meeting, Chairman of the Board George White, and President & CEO Gene Foley addressed the membership. They both expressed great appreciation for our loyal members and hardworking staff that helped the Credit Union achieve yet another successful year. In addition, Executive Vice President & CFO Craig Leonard reported on the strength of the Credit Union’s financial position, as well as the robust growth the Credit Union experienced in 2017. Mr. Foley spoke to members about his optimism regarding the Credit Union’s ability to adapt to the increasingly rapid pace of change in the world of finance. “Fifty years ago, credit unions were the disruptor in the financial services market place,” stated Mr. Foley, emphasizing that “We did this one transaction at a time- member by member.” He concluded his speech with “I have every confidence that in the life of our Credit Union, the best is yet to come.”
The meeting concluded with the results from the Board of Directors election, which took place throughout the day. Congratulations to our elected Directors: James Barrows from the Harvard Public Affairs and Communications office; Professor Dennis Campbell from Harvard Business School; Dee Dee Chen from Partners HealthCare; Thomas Lucey from the Harvard Public Affairs and Communications office; and Jeremiah Murphy from the Harvard COOP. All of our Directors bring years of experience and enthusiasm to the Board, and we are excited to work with them over the course of their three year term.
Finally, the HUECU 2017 Annual Report was distributed at the meeting and offers many highlights from the past year. You can find a digital version of the report included below.