About Us | Honda Federal Credit Union

discover our history & meet our leaders

At Honda Federal Credit Union, we’ve provided the best service possible to Honda Associates and their families for almost 60 years. Our team of member-elected directors, volunteers and leaders strive to make Honda FCU the trusted partner and preferred financial institution for the global Honda Family.

OUR HISTORY

On August 18, 1966, American Honda Employees Federal Credit Union was born in Gardena, California. It was created to meet the financial needs of associates who worked at the local Honda facility, as well as their families. By 1985, our organization had grown to a membership of 4,500 and was renamed to Honda Federal Credit Union. In the years since, Honda FCU has opened multiple branches nationwide and introduced the ability to bank with your telephone, computer and smart device.

Today, Honda Federal Credit Union has over 65,000 members and eleven branch offices around the country. The financial needs of our members have been a priority throughout the years, and we continue the tradition with the hard work of our talented associates throughout the country. To learn more about our bylaws, please see here. Because together, we’re better.

CREDIT UNION GOVERNANCE

Honda Federal Credit Union is a democratically governed, not-for-profit financial cooperative owned by our members. Our volunteer Board of Directors are elected from our membership (one-member one-vote). As a member, you may wish to volunteer as a Board Member or as a Member of the Supervisory Committee. Below is a brief summary of their roles and responsibilities. For additional information on becoming a Board or Supervisory Committee Member, please click on the Eligibilty tab below.

MEET OUR LEADERSHIP TEAM

The Board of Directors is elected by Honda FCU members. They are responsible for the general direction and overall control of the credit union. The Board of Directors serve to govern the institution, setting strategic direction, establishing policies, risk tolerance, and ensuring the credit union's financial stability while representing the best interests of the member-owners.

- Carl Coe, Chairman
- Allison Neuman, Vice Chairwoman
- Charles Harmon, Treasurer
- Steve Nicholson, Secretary
- Paul Brumfield
- Stacie Carper
- Bruce Garfield
- Stephen Roberts
- Fred Payne

The Supervisory Committee serves as an independent watchdog on behalf of credit union members, ensuring financial integrity and operational safety of the institution. Its primary role is to ensure that the Board of Directors and management operate in a financially sound, ethical, and regulatory-compliant manner, and that members’ assets are properly safeguarded.

The Supervisory Committee consists of volunteer Honda FCU Members. They are selected each year to monitor board and management activities, provide financial statement audits, conduct annual member account verifications, verify compliance and monitor the internal control environment.

- Stephen Rader, Chairman
- Martin Lim, Lincoln Morgan
- Fred Lucci
- Gary Higgins

ELIGIBILITY

To be eligible to serve, you must be 18 years of age or older and be a Honda Federal Credit Union member with an account in good standing. You must be bondable by the Credit Union’s bond company. All applicants must be independent of Credit Union Management.

REQUIREMENTS

Meetings and Time Commitment: Attendance is required at regularly scheduled monthly meetings for either the Board of Directors or Supervisory Committee. Board of Directors and Supervisory Committee members are required to attend and participate in annual training to meet regulatory requirements from the National Credit Union Administration (NCUA).

Board of Directors are usually appointed to a committee that requires, depending upon the committee’s assignment, attendance at a working meeting on either a monthly or quarterly frequency.

COMPENSATION

Federal law provides that directors are not authorized to receive compensation for their services.

For additional information on responsibilities and qualification requirements, or if you are interested on being a part of our Board of Directors or Supervisory Committee, please email us directly with your First and Last Name, phone number, and email to GovernanceInquiries@hondafcu.org.

We look forward to hearing from you soon!

Senior Management Team: