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.
This provocative topic is the focus of this preview from next week's print edition of Credit Union Times.
Call Ed Speed, CEO of $1.8 billion Texas Dow Employees Credit Union in Lake Jackson, Texas, a maverick. That is a reputation he has won as he has pulled his institution out of credit union industry mainstays such as CUNA and the Texas league.
Dupaco Community Credit Union has formally promoted Joseph F. Hearn to president/CEO.
But do business schools really prepare women for senior leadership roles with companies?
NewOak Capital, New York, appointed Chad J. Burhance to managing director and head of NewOak Solutions, the company's advisory service provider.
On the heels of a report critical of some credit union payday loan alternatives and just as the NCUA has proposed regulations governing short-term,
Are credit unions really able to offer short term, low dollar value loans meant to compete with payday lenders?
The Filene Research Institute is taking a closer look at effective board governance and needs input from current and former credit union board members.