"We compensate board members more out of a sense of fairness than anything else,” explained Lin Hodges, president/CEO of Associated Credit Union of Norcross, Ga.
Part two of this analysis of credit union board compensation by Credit Union Times. From our July 10 print edition.
The reaction among the roomful of credit union board members was shock and awe. Explanations for board pay vary as do questions raised.
Part one of this analysis of credit union board compensation by Credit Union Times. From our July 3 print edition.
Five months after the NCUA filed a complaint against a business lending CUSO with the liquidated Ensign Federal Credit Union, the regulator is going after real estate developers who allegedly defaulted on a nearly $2 million loan.
Three New Mexico real estate developers have been indicted in federal court for allegedly having defrauded a New Mexico Credit Union out of millions of dollars.