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About Us

What is a Credit Union?

A Credit Union is a cooperative, not-for-profit financial institution organized to promote thrift and provide credit to its members. It is member-owned and controlled through a board of directors elected by the membership. The board serves on a volunteer basis, and their duties include establishing and revising policies, setting dividend and loan rates, and directing certain operations. The result is that members are provided with a safe, convenient place to save and borrow money at an institution that exists to benefit them, not to make a profit.

Who is Emerald Credit Union?

Emerald Credit Union was originally chartered as the Garfield Heights School Employees’ Credit Union in 1955, serving only the employees of that school district. Since then, we have grown to include over 25 Select Employment Groups (SEGs) and six local school districts. We have a community charter, allowing us to serve all who live, work, attend school, or worship in Cuyahoga County. Our sole purpose is to serve our members by providing affordable financial products and services, great rates, lower fees, and member-friendly terms. We strive to offer world-class service to all Emerald Credit Union members, every day.

Mission Statement

Businesses use a mission statement to explain, in simple terms, their purpose for being. It defines the company's culture, values, ethics, fundamental goals, and agenda. A mission statement reveals what the business does and why they do it. That being said, the mission statement of Emerald Credit Union is:

Emerald Credit Union exists to be a positive agent of change within Cuyahoga County by providing its underserved communities and members with affordable, high-quality financial products and services. We strive to promote financial literacy, fiscal well-being, and to provide increased opportunities for economic prosperity among our membership base.

Equal Opportunity for All

In accordance with federal laws and U.S. Department of the Treasury policy, we are prohibited from discriminating on the basis of race, color, national origin, sex, age, or disability. Learn more about your rights and how to file a complaint.

Director Retirement Offers Board of Directors Vacancy

A recent Director retirement announcement will leave a vacancy that must be filled by a qualified candidate to be appointed by the Board. The appointed candidate will finish the remainder of the retiring Director's elected three-year term.

If you are interested in applying to be a part of ECU's Board of Directors, simply complete the Director Appointment Application Packet and return it to Emerald Credit Union: Board of Directors, 13201 Granger Road, Suite 1, Garfield Heights, OH 44125.

Director responsibilities include, but are not limited to:

  • Representing the credit union's membership by acting in their best interests and expressing their concerns and financial needs
  • Providing oversight to how the credit union operates by establishing policies, and approving plans and budgets to ensure the institution is operating with effective management and business strategies
  • Overseeing and protecting the credit union’s financial assets to ensure the organization’s long-term success and protection of member deposits
  • Reviewing financial statements and external auditor reports, and establishing policies to regulate rates, fees, and loan risk

Meet Our Board of Directors

The Emerald Credit Union Board of Directors are volunteers elected by our members to represent our members. They ensure that we offer the best products, services, and benefits to all of our members, all of the time.

Richard Stefanko - Chairman
James Marunowski - Vice Chairman
Stan Perry - Secretary
Elizabeth Royce - Treasurer
Donna Gallavan - Director
Robert Routson - Director
Karen Szarka - Director (retiring)

Contact the Board of Directors

Do you have a question you'd like to ask our Board of Directors? Simply fill out the form below and click "Send."