We would like to extend a sincere thank you to our board of directors and supervisory committee. They all volunteer their time to be a part of the Unilever FCU team. Thank you for your hard work and dedication. We appreciate you!
Board of Directors
As a not-for-profit financial institution, Credit Unions elect board of directors who volunteer their time and talent to serve the Credit Union as apposed to a paid board of director at a bank. Credit unions are governed by members just like you… real people who are committed to bettering your financial lives. By workingtogether and combining their areas of expertise in the financial services industry, our executive leaders fulfill our organizational goals through strategic planning and decision-making for the betterment of the organization.
The board of directors meets monthly. The following individuals were re-elected to three-year terms ending in 2021 at the May 16, 2018 Annual Meeting.
SAFE AND SOUND
The supervisory committee is responsible for conducting an annual audit, verifying the accounts of the members, and reviewing the performance of the officials and employees. It also makes recommendations to the board of directors for improving operations within the credit union. Should you have an issue or concern that you feel has not been adequately addressed, please contact:
Unilever Federal Credit Union
Attn: Supervisory Committee
P.O. Box 1112
Englewood Cliffs, NJ 07632 or email: Supervisory@UFCU
Asset Liability Committee (ALCO)
The ALCO’s mission is to ensure management’s compliance with key financial ratios and policies; recommend to the Board of Directors the approval of the annual budget; understand the various risks associated with positions in the balance sheet; review existing services; and explore potential services and programs, and recommend their implementation.
This committee meets in-person quarterly. There are also occasional as-needed meetings throughout the year of varying lengths, depending on need. ALCO members are normally appointed once a year.
The credit committee is responsible for approving or denying all requests from members for loans. The Unilever Federal Credit Union Credit Committee is made up of Volunteers, appointed by the Board of Directors, who oversee all aspects of the Credit Union to determine that it is managed soundly and the member’s assets are being adequately safeguarded.
Get Involved with a Winning Team
Become a Unilever FCU Volunteer
We encourage our members to get involved with what Unilever Federal Credit Union is doing. With the help of key members and committees, our impact in the organization is strong and growing.
- Enrich your resume
- Expand your professional knowledge base
- Represent your fellow Unilever FCU members
If you are interested in a volunteer position with Unilever FCU , please submit our online application to be considered. The planning committee will review your application and contact you if further information is required.
Read about Board of Directors and Supervisory Committee job duties, how to qualify for these positions, along with some general FAQs about both.
- Board of Directors Position Description
- FAQs: Board of Directors
- Supervisory Committee Position Description
- FAQs: Supervisory Committee
When you’re a member of Unilever Federal Credit Union, you’re also an owner. As an owner, you have the right to vote for our volunteer Board of Directors in the annual election. We value your opinion and welcome you to contact our board directly by email.