84th Annual Meeting & Charter Change

On Tuesday, March 26, 2024 Harvard University Employees Credit Union held its 84th Annual Meeting, immediately followed by a Special Member Meeting to vote on a potential charter change for the institution.

Members in attendance at the Harvard Faculty Club heard about the HUECU’s 2023 performance from a variety of speakers, including HUECU Chairman Jason Luke, President and CEO Craig Leonard, and CFO Katie Armstrong. The HUECU 2023 Annual Report, which includes business highlights and financial results highlights from the last year, was distributed at the meeting, You can find a digital version of the report here. Also at the meeting, Board Clerk April Edrington facilitated the re-election of five incumbent Directors, who were all running unopposed. Congratulations to Directors: Thomas Lucey, Dennis Campbell, Jeremiah Murphy, Dee Dee Chen, and Gonzalo Munoz Sanz, who will extend their HUECU tenure.

At the Special Meeting, members in attendance were able to cast their vote on whether HUECU should convert from a state chartered credit union to a federally chartered credit union. The in-person votes were added to the mail-in ballots collected in advance of the meeting, confirming that the conversion was approved by a nearly 3-to-1 margin. “I am delighted to confirm that our members have resoundingly voted to move the Credit Union into our next chapter,” said Craig Leonard, President and CEO. “With this directive, we are looking forward to a new phase of growth, driven by enhanced service offerings and new audiences in our field of membership.”

HUECU will continue to keep members informed as the charter change plans develop in the coming months.

If you have any questions contact our Support Center at 617-495-4460 or huecu@harvard.edu.