Credit union boards collectively have many talents. With the NCUA mandate to diversify skill sets within the board more than ever, many areas of board responsibilities require directors to learn and seek consultation. One such subject that usually calls for extra help due to its complexity is CEO long-term benefits....
Board chairman confirms exit of CEO of four years at $3.9 billion California credit union.
The best criteria for finding your next CEO is finding the best fit between what the credit union must do strategically and the person who can transform the credit union in the near future.
Measure allowing Volunteer State credit unions to pay volunteers awaits only governor's John Hancock.
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...