Board Member

About Concord Federal Credit Union

For almost 75 years, Concord Federal Credit Union has provided quality financial services to our members, helping them to build assets while offering a strong source of financial knowledge. Founded by the Concord Baptist Church of Christ and chartered in 1951, CFCU is a cooperative institution with assets of over $8M. We provide a reliable place for savings and affordable loan products and services.

CFCU is located in the heart of Brooklyn’s Bedford-Stuyvesant community, a vibrant neighborhood of individuals, families, organizations, and businesses striving to build generational wealth and thrive. We are small but growing and seek to elect and fill vacant Board positions with the most qualified candidate to maintain Board cohesion and strong leadership.

Job Title: Board of Director

As the highest leadership body of the Concord Federal Credit Union, Board members are the fiduciaries who lead the organization toward a sustainable future and contributes to the mission of the credit union by adopting sound, ethical and legal governance and financial management policies as well as ensuring that all decisions are guided by the best interests of the credit union’s members. The Board ensures it has adequate resources to carry out its fiduciary duties and fulfills four (4) key roles for the organization:

Lead Strategically I Ensure Financial Stability I Ensure Healthy Governance I Be an Ambassadors

The ideal candidate will be self-motivated, results-driven, with a passion for community and business outreach. Familiarity with the Central Brooklyn community and financial education is a big plus.

Education Requirements:

• College degree in business administration, community development, marketing, or a related field.

• Knowledge of federal credit union regulations and compliance requirements preferred but not required.
• Certified Credit Union Financial Counselor (CCUFC) certification is a plus.

Experience:

• Minimum two years of related experience with a focus on business and community development, sales, and/or marketing.
• Proven track record of meeting performance targets such as recruitment or sales targets.
• Experience in conference development and event planning.

Skills:

• Basic computer proficiency in Microsoft Office Suite (creating, saving, organizing files)
• Goal oriented; ability to multitask
• Strong networking and relationship-building skills
• Excellent written & verbal communication, marketing, project and event management skills
• Ability to work independently and collaboratively as part of a team
• Possess a working knowledge of basic finance and accounting practices
• Navigating/researching the internet and various platforms to meet project objectives

Major Responsibilities: Each individual board member contributes to the full board in fulfilling its major duties. Some of the work may be carried out by specific board members or committees, but each individual board member has the responsibility to ensure the full board carries out the following roles and duties:

• Provides fiduciary oversight, strategic guidance and governance for the organization’s mission
• Supports the CEO and BOD chair ensuring financial health and legal compliance
• Follows the organizations by-laws, policies and board resolutions
• Ensures legal and ethical integrity
• Prepares for, attends and fully participates in monthly Board/committee meetings
• Fully engage to ensure the organization has the resources to achieves its goals
• Completes Board training to meet NCUA educational requirements
• Serve as advocates and ambassadors for the organization
• Participates in community outreach activities and fundraising
• Must be a credit union member in good standing

Background Check:

A background check will be performed on the person hired and they must be bondable under Federal guidelines set forth for credit unions