Create a board career path
A credit union board can be the institution’s biggest asset…or its biggest liability.
As volunteers, board members enter their roles with varying degrees of experience and tend to stay on the board for extended periods of time. Is your credit union giving them the resources they need to get up to speed? How about the ability to retire knowing there’s someone ready to take their spot?
Just like with credit union executives, credit union board members need a career path to help them find success in their roles.
Start at the Supervisory Committee
The supervisory committee is a great place to shape future board members. Besides reviewing credit union records and controls, the supervisory committee members can observe board activities and prepare for the future role. That means they must be invited to board meetings and not left in the dark.
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