Membership Guidelines

Active membership is open to those executives who perform some or all of the duties of a financial executive, as defined by the Financial Executives Institute and who serve companies of significant size to meet institute qualifications.

The titles and duties of the executives who are responsible for the financial function in a business enterprise vary with different companies. The important consideration in determining eligibility for membership in FEI is the broad-based nature of the applicant's responsibilities. In addition, senior specialists in certain designated functional areas are eligible for membership with the partnership and endorsement of a chief financial officer of the specialist's company.

Company Qualifications (Minimum Criteria) for General Enterprises, Company, division or subsidiary.

• $ 5 million in net worth or must meet one:
  
  • $ 15 million combined net worth and long-term debt
  • $ 20 million operating expenses
• Commercial / savings banks $500 million total assets
• Government corporations / authorities at least $100 million in total assets

Academic Membership
To be eligible for membership, an applicant must be an educator in the field of financial management, be engaged primarily in educational work, and have an academic rank of Dean, Assistant Dean, Professor or Associate Professor.

Discretionary Applications
Exceptions to the above criteria may be considered on a case-by-case basis and require the approval of the Chapter Board of Directors.

Retired Members
Retired membership shall apply to any formerly active member who is fully retired from active business or the educational field. Retired members are most welcomed participants in the Institute's activities and are charged a nominal amount for dues and meetings.

Entrepreneur
Available to a member who has been a member of FEI for at least two (2) years, who serves in an entrepreneurial role in a start-up, consulting or other such self-employment. The annual dues are $300 for a maximum of three (3) years. After that time members can transfer to any other category in which they qualify.

Unemployed Members
A reduced annual dues rate ($125 for national dues, minimal amount for Chapter dues) is available to unemployed members in good standing who are eligible for and have registered with both the local Career Services Committee and the National Member Career Services. Contact Diane Albergo at 973-765-1026.

Non-Payment of Dues
If dues in any class shall remain unpaid for a period of six (6) months after the date when they became due and payable, membership in FEI shall be automatically suspended.

Address Change
At the time a member becomes aware that his or her address will change, please call the Chapter Administrator, Dee Calabrese at 508-278-8006 or fax 866-582-6227 or email dee@feiboston.org with all the particulars. Dee, in turn will notify FEI National of the change. In this way, monthly meeting notices will continue to be received by you in a timely manner.