The triple win of young professionals serving as board members

Boards get stronger, aspiring executives earn lots, and the industry has great talent ready when current leaders retire.

Having young credit union professionals serve as board members at another, non-competing credit union is a huge win-win-win.

The first win is that young professionals learn key skills from board service that they can’t learn in middle management roles, including strategic planning, budgeting and how a board works with the senior management team.

The second win is the incredible benefit that credit unions get from having people with fresh perspectives—and knowledge about things like technology—at the board table.

The third win is that having young people serve as credit union directors not only strengthens today’s board governance but also prepares them to lead the industry as the expected wave of executive retirements continues.

 

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