CAMBRIDGE, Mass.–Harvard University Employees Credit Union (HUECU) has officially changed its name to Harvard Federal Credit Union.
The name change is being made as part of a conversion from a Massachusetts state charter to a federal charter following a vote by members in March of this year.
“More than 85 years ago, our founders had the vision of a credit union owned by our members that would serve the needs of Harvard University employees, particularly those who lacked access to financial services,” President and CEO Craig Leonard said in a statement.“Today, we bring these services to a growing group of members, including students, faculty, alumni, and staff of Harvard and Lesley Universities and employees of many of the teaching hospitals in greater Boston. Our new name, Harvard Federal Credit Union, conveys our proud history and our intention to bring the benefits of membership to more underserved groups across the region.
Recommitment Made
“With this name change, we recommit ourselves to helping all our members build a strong financial future, so that they can make a bigger impact in life,” Leonard added.
Founded in 1939, the $1.2-billion Harvard Federal has more than 55,000 members.
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