Today’s credit union boards, while continuing to be faced with fiduciary issues of safety and soundness, are finding strategic choices more daunting, uncertain, and shifting frequently. While this may sound like a relatively small [...]
by: Michael Muckian Demographic changes are driving change in credit union leadership, the most significant of which comes in the cost of hiring a president/CEO. These days, the price of top talent often comes [...]
Credit union boards are a litmus test for good credit unions. If we can strengthen boards, we can expect credit unions to be stronger organizations that are more effective at serving their members. Why do [...]
‘Values-based opposition’ improves your Credit Union’s chance of making better decisions. By Adam Mertz A decade after acquiring Gatorade’s parent company and turning that brand into every athlete’s must-have energy drink, Quaker [...]
Plus a thought about related policy by Les Wallace, Ph.D. A glance at most studies of board governance suggests less than half of all boards actively self-assess their performance. Yet, virtually all the governance [...]
Credit Unions debate paying for directors' spouses to accompany volunteers pursuing Credit Union-related education by Charlene Komar Storey If a spouse or guest accompanies a director on an educational trip, who should pay their costs? [...]
By Richard C. Powers, MBA, LLB Practicing good governance is key to protecting your credit union. It’s difficult to identify just one practice that is most important, but as an example of how important [...]
Case study of a board that set up and later abolished term limits by Charlene Komar Storey $100 million, 11,300-member Atlantic Financial Federal Credit Union decided to institute term limits some 25 years ago, [...]
by Steve Balian and Tim Oppelt Key questions the merging credit union board should ask to ensure it has chosen the right merger partner. While continuing credit union boards should focus their efforts on avoiding [...]
