WEST PALM BEACH, Fla. – One of the so-called credit union differences that many in the industry tout is that credit union boards are made up of unpaid volunteers. But is this a good thing? From business lending and a deeper involvement in mortgages to the expansion of CUSOs and new technologies, today's credit unions are as complex as ever. Attracting qualified directors to credit union boards can be a challenge, especially since they are unpaid positions. Some state chartered credit unions, however, can pay their directors. Is this something all CUs should have the option of doing? That is the subject of the latest Credit Union Times online voting poll, which reads as follows: "As credit unions become larger and more complex should credit unions have the option of paying directors? * Yes * No * Not Sure Log on to www.cutimes.com to cast your vote. [email protected]

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.