So you’ve agreed to become a board member: Now what?

So you’ve given in and decided to make some huge bucks in your retirement by joining the Board of your local credit union. So what exactly are your obligations and how are you going to discharge them?

To help answer that question I’m going to talk about one of the hottest issues in credit union land: cyber security. I’m going to assume for purposes of this discussion that you are a federal credit union but almost all the obligations I am talking about apply equally if not more so if you are taking over stewardship of a state chartered credit union. Here are some basic questions you might have:

 

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