general information
About LFCU
Lafayette Federal Credit Union is one of the premiere financial institutions in the Washington, D.C. area.
Since our founding in 1935, we have sought to provide our members with a safe and convenient place to
save, and to offer loans at rates and terms more favorable than those of other financial institutions.
We also work hard to provide top-notch customer service.
Throughout the years, the kinds of financial services that we offer have changed to
keep pace with the changing financial needs of our growing and diverse membership. If you're interested
in a financial service that we don't currently offer, please let us know. Listening to member needs, and
responding accordingly, has made us the trusted financial institution that we are today.
Board of Directors
Our Board of Directors, which are elected by the membership, are responsible for establishing and
revising policy, setting savings dividends and loan interest rates, and overseeing operations. Because
we are a member-owned and member-controlled financial institution, each member has an equal vote in the
Board elections, as well as the opportunity to serve as a Board official. Contact us for more information
on voting or running for office.
Our Current Board Members
Norman Cohen‚ Chair
Eric Benderson‚ Vice Chair
Richard Ginsburg‚ Treasurer
Don Niss‚ Secretary
Ray Ellis
Thomas Harmon
Darryl Pounds
Email messages to their attention can be sent to board@lfcu.org.
Supervisory Committee
The Board is also responsible for appointing the Supervisory Committee. The committee assures our adherence
to governmental regulations and Board policies and serves as a sounding board for LFCU members, investigating
complaints and other member concerns. The Supervisory Committee also audits our financial records and
works closely with our accountants to conduct the annual audit of the credit union.
Our Supervisory Committee Members
Ashleigh Simpson, Chairman
Fred Dorsey
S. Jesse Reuben
John Richter
Email messages to their attention can be sent to board@lfcu.org.
Lafayette FCU Bylaws
2010 Annual Report |
