Commentary

In today's ever evolving financial services marketplace, credit unions should start paying for qualified board members.

In recent months several notable credit union industry conference speakers have suggested that a credit union's board of directors should be as diverse as the membership-delivering a backhanded criticism of currently seated boards of directors.

CU Exchange guest blogger Andrew McGeorge, senior portfolio strategist with CNBS, offers advice on how smaller credit unions might buy securities.

There is a trend in the US-one that seems like a custom-fit opportunity for credit unions, yet one that most credit unions are missing. It's called localization or buy local.

Credit unions could use a charismatic leader right now. Who is going to rallies the troops to get this splintering industry to-well-cooperate?

The $1.2 billion United Federal Credit Union, St. Joseph, Mich, celebrated a milestone by gaining its 100,000th member.

If it ain't broke, don't fix it!" This celebrated chestnut causes more damage than good and delays calls for correction. It supports defective conclusions about the true effectiveness of what is seemingly unbroken.

Recruitment of younger board members was a topic of much debate at the recent gathering of the National Association of Credit Union Chairmen.