X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

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:

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.