The top ROA-generating credit union in the nation has just $47 million in assets. Read how Southwest Financial FCU achieved the feat.
In the past few days, three surveys have been released that paint a rather bleak picture of Americans’ financial status and expectations about retirement.
Consultants seem to agree that governing a credit union has become more daunting. And the trend toward greater board accountability isn’t likely to go away.
Because credit union boards are members too, they know how they’re treated as members and what they expect from their financial institution. But at the same time, they need to be more savvy than the average member about what’s happening at the credit union.