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Thank you for your interest in serving on our Board of Directors.

There are 3 positions open for the 2022 election (to be held 3/1/22 – 4/21/22).  These are volunteer and non-compensated positions.

You must meet all deadlines to be eligible for consideration and your application must be  submitted by November 30, 2021 to be considered.

  • Note: The online application must be completed in one session (partial applications cannot be saved for future completion.) Thus, we recommend reviewing the application first before starting.

Should you have questions with this application, email  We recommend submitting electronically.  However, you can also submit to the above email address or mail to: NIH Federal Credit Union, Attn: 2022 Nominations, PO Box 6475, Rockville, MD 20849-6475.

The NIHFCU, nor the Nominating Committee (NC), are responsible for failure to receive material by the November 30, 2021 deadline for any reason.  All materials submitted will become the property of the NIHFCU and will not be returned.

Nomination Process

The NC will review all submissions for completeness, accuracy and for the background/skills that will complement the current Board of Directors.  You may also be asked to provide your resume/personal vitae and references.

In addition, you may be asked to be present for an interview, if necessary, to complete the selection process. Failure to provide additional details or to appear for an interview, if requested, may result in forfeiture of consideration. If you are selected by the NC, it will file its nominations with the Secretary of the Board (or a designee) and your name will be placed on the ballot.  You will be notified of the Committee’s decision in early December 2021.

  • All decisions of the NC are final.  However, if you are not chosen by the NC, you can petition to get your name on the ballot. Information on petitioning will be provided in early January 2022.

The election results will be announced at the April 26, 2022 Annual Meeting, and should you be elected to the Board, your 3-year term will commence at our April 28, 2022 Board Meeting.

Please scroll down to read the Board Member Job Description or click below to apply.

Thank you again for your interest.

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Board of Directors Job Description

Reports to:   National Institutes of Health Federal Credit Union (NIHFCU) Members

Supervises: President /Chief Executive Officer

Duties and Responsibilities of the Board of Directors

The Board of Directors is responsible for the general direction and control of the NIHFCU. The Board may delegate operational functions to Senior Management, but not responsibility for ensuring the credit union operates with the highest ethical standards in accordance with all applicable Federal and state laws and regulations.

  1. Ensure the NIHFCU maintains its sound financial condition;

  2. Review and supervise the President /Chief Executive Officer’s progress in achieving goals and objectives;

  3. Hire a President/CEO and determine responsibilities and compensation;

  4. Provide on-going strategic leadership, sustaining and supporting the NIHFCU vision, mission, values, and strategic direction;

  5. Approve the NIHFCU Strategic Plan and assure that the annual business plan and budget are in line with the strategic plan;

  6. Request approval of the NIHFCU charter and non-standard bylaw amendments from the National Credit Union Administration (NCUA);

  7. Appoint Supervisory, and other, Board Committee members;

  8. Approve and maintain oversight of operating policies and procedures to ensure they are in accordance with legal and regulatory requirements and consistent with the NIHFCU vision and strategic direction;

  9. Meet at least monthly.


General Duties of Each Individual Director:

  1. A Director must carry out his/her duties in good faith, in a manner reasonably believed to be in the best interest of the membership, and with such care, including reasonable inquiry, as an ordinarily prudent person in a like position would use under similar circumstances;

  2. A Director must administer the affairs of the NIHFCU fairly and impartially, and without discrimination in favor of, or against, any particular member;

  3. A Director must have at least a working familiarity with basic finance and accounting practices, including the ability to read and understand the NIHFCU balance sheet and income statement, and the ability to ask, as appropriate, substantive questions of management and auditors;

  4. A Director must conduct the operations of the NIHFCU in conformity with the Federal Credit Union Act, NCUA’s Rules and Regulations, other applicable laws, and sound business practices;

  5. A Director may rely on information prepared, or presented by, employees or consultants he/she reasonably believes to be reliable and competent, and who merit confidence in the particular functions performed.

Primary Responsibilities of Each Individual Director

  1. Understand, support and promote the NIHFCU’s vision, mission, values and strategic direction, as well as its products and services;

  2. Follow trends and important developments in the financial services industry and NIHFCU’s marketplace.  Be aware of local and national economic and social trends, and their possible effects on the NIHFCU;

  3. Contribute proactively and constructively to the Board’s success in carrying out its governance responsibilities as described; hold self and the Board accountable for acting to ensure the long-term competitive success of the NIHFCU;

  4. Prepare for, and actively participate in, Board meetings; meet the Board’s established attendance requirements;

  5. Actively participate on at least one standing Board Committee;

  6. Be objective, exercise independent judgment, ask questions, and request information in advance that is needed to make informed decisions; seek to achieve consensus on important Board matters;

  7. Avoid, in fact and in perception, conflicts of interest that might embarrass or call into question the integrity of the Board or the NIHFCU, and disclose to the Board, in a timely manner, any possible conflicts;

  8. Focus attention on long term and significant policy issues, rather than short-term administrative matters;

  9. Respect the responsibility of the President/CEO to manage the staff and operations of the NIHFCU. Ensure that any communication with staff below the President/CEO level does not undermine the relationship between the President/CEO and the staff or Board;

  10. Demonstrate a willingness to learn, fulfill the educational requirements established by the Board, attend and participate in conferences and educational workshops;

  11. Take advantage of opportunities to enhance the NIHFCU’s public image and market its services in the community and with sponsor officials;

  12. Respect the confidentiality of members’ business with the NIHFCU;

  13. Act at all times in the best interests of member-owners and -customers.

Knowledge, Skills, and Abilities of a Director

  1. Maintain NIHFCU membership in good standing and meet all NCUA-established Director requirements as noted in Section 1761 of the Federal Credit Union Act. Adhere to requirements of the NIHFCU Bylaws, as enacted and modified;

  2. Professional background in a discipline important to the NIHFCU’s success, e.g., finance, planning, marketing, customer service delivery, human resources, information systems, etc.;

  3. Management-level experience.

  4. Familiarity with the financial services industry, and an understanding of the basics of the business, and how a credit union achieves profitability, builds capital, develops and prices products, delivers service, and in general, mediates between savers and borrowers;

  5. An understanding of the basics of strategic and business planning;

  6. Willingness to speak up, to objectively consider and debate alternate or opposite points of view, to raise difficult issues, and to engage in reaching consensus on important issues;

  7. Willingness to commit time and actively participate, both in attendance and in meeting contributions;

  8. Ability to balance the need for managing the NIHFCU as a business with the need to understand and be responsive to the short and long-term interests of the NIHFCU’s members and customers;

  9. Good problem-analysis and decision-making skills;

  10. Willingness to be accountable for results;

  11. Good teamwork and group process skills;

  12. Be decisive, proactive and action-oriented;

  13. Commitment to the ideals and values of the credit union movement, and desire to contribute to the movement’s continued viability and growth.

Removal from the Board

While all credit unions hope they will never have to remove a Director from office and, in fact this is uncommon, it is sometimes necessary. In a Federal credit union, a Director may be removed from office in one of three ways.

  1. A majority vote of the members present at a special meeting called for that purpose may cause a Director’s removal. The Director must first have an opportunity to speak in his/her defense.

  2. If a Director fails to attend regular meetings of the Board for three consecutive months or otherwise fails to perform his/her duties, that office may be declared vacant by the Board. A new Director is appointed by the Board to fill that position until the next general election by the full membership of the credit union.

  3. By unanimous vote, the Supervisory Committee may suspend any Director until a meeting of the general membership of the credit union. A special membership meeting must held seven-to-fourteen days after the suspension and the general membership will determine whether the Director is removed or reinstated.