In accordance with IC Federal Credit Union bylaws authorized by the National Credit Union Administration, you are hereby notified that the Annual Meeting of IC Credit Union will be held:
Thursday, June 25, 2026 at 4:00pm
Space is limited! RSVP to [email protected] if you are interested in attending.
Double Tree by Hilton – 99 Erdman Way, Leominster, MA 01453 or streaming virtually (online meeting information to come)
Link to come – please enter your name in the chat for attendance purposes.
The order of business shall include:
1) Ascertain that a quorum is present;
2) Approval (or correction) of the minutes of the last meeting;
3) Report of Directors;
4) Report of the President/CEO;
5) Report of the Supervisory Committee;
6) Other business, other than elections;
7) *Election of the Directors; and
8) Adjournment. A True Copy Attest: Signed: Sheryl A. Horeanopoulos, Secretary
Important notice concerning election of directors
The Nominating Committee, in accordance with the bylaws authorized by the National Credit Union Administration, has submitted the following nominees to the Secretary to serve a three-year term:
Norman P. Gariepy
Norman Gariepy is a CPA and business owner. He was first elected to the Board of Directors in November 1986. Mr. Gariepy became the chairman of IC’s board in June 2018. Additionally, he serves as chairman of the Compensation Committee and is a current member of the ALM Committee.
Ernest F. Houle
Ernest Houle serves as the Superintendent-Director of the Assabet Regional Vocational School District. He brings a strong foundation in career and technical education, a field in which he has been deeply involved since 1996. Mr. Houle joined the Supervisory Committee in 2018. He was elected to the Board of Directors in 2023 and went on to be elected Chairman in 2025.
Karen J. Spinelli
Karen Spinelli is the owner and managing partner of Spinelli, CPA. She is deeply engaged in her community and contributes her expertise by serving on several local boards. Karen was first elected to the Board of Directors in 2024 and continues to lend her insight as a member of the Compensation Committee.
Each of the above persons has consented to nomination and has agreed to serve if elected. Elections will not be held by ballot and nominations from the floor will not be accepted when there is only one nominee for each position to be filled. However, additional nominations may be submitted by a petition signed by a minimum of 250 Members. A brief statement of qualifications and biographical data shall accompany each petition of nomination, along with a signed certificate from the nominee or nominees stating that they are agreeable to nomination and will serve if elected to office. All petitions and accompanying data shall be sent by First Class Mail, postmarked no later than May 16, 2026 to:
IC Credit Union
Attn: Board Secretary
300 Bemis Road
Fitchburg, MA 01420
