Eugene Foley, president and CEO of Harvard University Employees Credit Union, has announced that the Credit Union has expanded its field of membership and enhanced its ties to the University. At the annual meeting of the Credit Union this past March, it was unanimously voted to amend the Credit Union’s bylaws to open up membership to students and alumni of the University. Prior to the annual meeting vote, membership was limited to employees (and their immediate family members) of Harvard University and organizations associated with the University.
“There is no doubt in my mind that students, in particular, will get a better deal with us than with any bank,” said Foley. “We have the systems, infrastructure, products, and services in place to serve this market better than anyone else.” Foley went on to say, “The addition of students and alumni to our membership field represents a natural extension of our founding mission to specifically serve the Harvard University community.”
Harvard University Employees Credit Union currently serves 25,000 members and has offices and ATMs located throughout the campus. The Credit Union is a full-service credit union offering consumer and real estate loans, checking, savings, and retirement accounts, as well as electronic and online services.
The newest branch of the Credit Union, located in the Holyoke Center arcade, will have its ribbon-cutting ceremony at 10 a.m. Monday (June 7). Regular business hours will be from 8:30 a.m. to 4:30 p.m., Monday through Friday.