History

Lehigh Valley Educators Credit Union (LVECU) was founded on January 12, 1934, as Allentown Teachers Credit Union—a state-charted credit union in Pennsylvania. The original membership base consisted of employees of the School District of Allentown, their associations, and members of their immediate families. LVECU began as a volunteer operation in the home of the earliest contributor, Edwin Clauss. From that small volunteer operation, we have grown to a membership of over 15,000, with assets over $400 million.

There have been several milestones along the way. In 1999, LVECU broke ground for a new branch located at 4031 Independence Drive in Schnecksville, PA. A few years later, the LVECU board of directors had a vision to serve educational employees of the underserved counties surrounding its offices. In the fall of 2003, LVECU expanded its field of membership to the following counties: Berks, Bucks, Carbon, Lehigh, Montgomery, Northampton, and Schuylkill. As a result of this expansion, the membership voted to change the name from Allentown Teachers Credit Union to Lehigh Valley Educators Credit Union in 2004. In 2005, the credit union moved its main office from 2900 Hamilton Boulevard, Allentown, PA, to a newly constructed building at 3720 Hamilton Boulevard, where it remains today. Presently, we are supported by a full-time staff that serves our membership through two full-service locations in Allentown and Schnecksville, PA.

 

The credit union difference

A credit union is a not-for-profit organization providing a range of financial services. There are over 4,500 credit unions in the United States with more than 140 million members. Credit unions are owned and controlled by the members and managed by a volunteer board of directors.

Membership is limited to groups of people having a common occupation or association. Their purpose is to promote thrift among the members and make credit readily available. With no stockholders, credit union profits are repaid to the members through higher savings rates, lower loan rates, lower fees, and free services.

 

Board of Directors

The elected Board of Directors represent all credit union members to maintain fiscal safety and soundness, set strategic direction, ensure regulatory compliance, hire the CEO, establish CEO goals and objectives, and oversee CEO performance.

The Board of Directors are volunteers elected by our membership to ensure that the credit union is doing everything it should and fulfilling its goals, while operating in an ethical, prudent, and fiscally sound way. The Board of Directors is our governing body.

  • William Ayers - President

  • Gary Fedorcha - Vice President

  • Eugenia Emert - Secretary

  • Michael Gross

  • Daniel Joseph

  • Sherri Molitoris

  • Barbara Nemes

  • Gary Phillips

  • Ryan Van Norman

2026 Board of Directors Election

It’s that time of year when your voice as a member truly counts. LVECU invites you to take part in the 2026 Board of Directors Election. Your vote plays an important role in shaping the future of our credit union. Three board seats will be open for re-election in the second quarter of 2026. If you’re passionate about serving our membership and helping guide the direction of LVECU, we encourage you to consider running for a seat on the Board.

How to Submit a Nomination

To be considered, you must:

  1. Be a member in good standing¹

  2. Submit a letter of introduction (100 words or less)

    Your letter can be mailed or dropped off at either credit union location, addressed to:

    Lehigh Valley Educators Credit Union
    C/O Nomination Committee
    3720 Hamilton Blvd.
    Allentown, PA 18103

  3. Deadline to submit: November 30, 2025

    (Letters must be received at either credit union office by this date.)

Important Election Details

Ballots and candidate bios will be mailed (if necessary) to all members age 18 and over following the close of nominations.

  • Incumbent board members who wish to run will automatically be re-nominated.

  • The Nominating Committee may nominate one additional candidate per open position.

  • Members not nominated by the committee can still run by submitting a petition with 25 member signatures.

    • Petitions are available upon request.

    • All nominees must meet member in good standing¹ criteria.

Have Questions?

Please contact us at 610-820-0145 or email info@lvecu.org — we’re happy to help.

  • ¹Member in good standing is defined as:

    • Maintaining at least one share which is a $5.00 minimum balance in a regular share account.

    • Not having any account with the Credit Union closed due to abuse or negligent behavior.

    • Not having caused a financial loss to the Credit Union.

    • Not having engaged in violent, belligerent, disruptive, or abusive activities.

Our Mission

Maintain financial soundness while empowering members to work toward financial success.

Our Vision

To be the primary provider of financial services for the Lehigh Valley educational community.

Our Core Values

Our identity and service philosophy are defined by our core values, represented by the initialism LVECU. These five principles serve as a guiding framework, shaping how we view our members, the educational community, and our crucial role within it. We are dedicated and committed to providing exceptional service in every interaction, promoting positive member experiences.

We Strive to Exceed Our Members’ Expectations by…

  • Leveraging our experience and resources to provide efficient, innovative, and reliable services

  • Valuing strong, collaborative relationships with our employees and members

  • Educating for financial stability and success

  • Communicating clearly and positively

  • Understanding and committing to our role as stewards of our members’ financial assets