If your board members owned eight-track cassette players, remember the moon landing and use Touch of Gray, Jim McCormack thinks you may have a problem.
Alabama credit union leader also was educator, civic leader and civil rights advocate.
Tennessee becomes second state in past two months to take up whether to allow credit unions to compensate board members.
If you ask Carroll Beach his age, he’ll likely request a little clarity. “Is that chronologically or mentally? Chronologically, I’m 73. Mentally, I try to be aware of the new changes. I like to be aware and adapt. If you don’t do that, it will make your life miserable,” Beach suggested.
Spate of embezzling credit union managers points to problems with volunteers' oversight.
Directors are at once our greatest strength and at once our greatest weakness,” now-retired CUES CEO Fred Johnson told me in his exit interview. Unfortunately, it is uttered far too often and is far too true. Governance is a common topic of conversation, but I’m not confident much is being...
Measures go before House, Senate panels in Olympia; supplemental capital proposals dropped from bills.
Make clear to new board members what their responsibilities are, what’s expected of them if they are to serve the credit union. Set those standards high.
Access to supplemental capital and expanded investment options also in proposed legislation.
Connecticut regulator Mary Ellen O'Neill replaces Idaho regulator Mary Hughes on association board.