The reaction among the roomful of credit union board members was shock and awe. Explanations for board pay vary as do questions raised.
It's all about disclosure. I’ve been covering the credit union community for 14 years and had no idea some volunteer directors are paid.
Part one of this analysis of credit union board compensation by Credit Union Times. From our July 3 print edition.
Dominion’s supplier diversity program seeks out certified minority, female-owned, HUB zone and disabled service veteran-owned enterprises.
No job is harder for a board of directors of a credit union, but no job is more crucial than knowing when to separate the cooperative from a lagging chief executive officer and having the strength to act.
WASHINGTON — It’s a risky business – made riskier with NCUA oversight of the responsibility of directors in overseeing the risks faced by their credit unions.
This past year I traveled 300,000 miles globally. The experience helped me connect dots that have serious consequences for business strategy and succession planning. It also reinforced a central theme that is emerging for all of us on boards: Can we learn as fast as the world is changing?
Online training module aims to empower directors to read balance sheets by July 27 financial literacy deadline.