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As a not-for-profit financial cooperative, NIH Federal Credit Union is owned and operated by its members. This means when you deposit at NIHFCU, you own part of the institution. This is one reason that credit unions are different than for-profit banks which are designed to make profit for shareholders.


Every member has one equal vote regardless of the balance in his or her savings account. Therefore, our Board of Directors is elected annually by NIHFCU members.

Board of Directors

The Board of Directors is a volunteer group elected by the membership and is responsible for the general direction of the Credit Union, including developing goals and establishing policy. The board members are dedicated individuals who are committed to ensuring a high level of service to members and to enhancing the financial position of the Credit Union. By providing a full range of financial products and exceptional service, we strive to promote the fundamental ideals of the credit union movement.

Steven Berkowitz                                            Rick Wieczorek
Chairman of the Board  click here       |      President & CEO  click here