I want to comment on Paul Gentile’s column, “Time Has Come to Pay Directors” in the Aug. 8 issue. As one who has served for many years and actively sought to bring in new volunteers I could not agree more that pay for work done by directors of federally chartered CUs should become a reality. Not just compensation for work done, but also for potential financial risk they take in today’s litigious environment. When I started several years ago it might have take two hours a month, now it can easily take six to 12 hours per month or more depending on committee structures and a need to learn new rules to help set policy. Here is what a job description looks like for today’s credit union directors:

- Duties: Oversee, set policy, and hire CEO for credit union.

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