Your credit union’s Board of Directors can either be your biggest asset or your biggest liability. But making the Board into an asset is easier said than done.
Credit unions across the country struggle with developing effective Boards. And to those Boards feeling lost, the path forward seems like a well-kept secret. If you’re in that situation, the example set by SAFE FCU’s Board of Directors can help.
SAFE FCU is a South Carolina-based credit union with more than $1.7 billion in assets. The credit union has an incredible Board, led by Chairwoman Dr. Kay Oldhouser Davis. I recently had the chance to interview Oldhouser Davis about what makes her Board so successful.
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