I disagree with Paul Gentile's idea of paying directors (CU Times, Aug. 8).

I have been a volunteer for over 34 years and have seen our credit union grow from $20 million to $600 million and never did I have the feeling that I should get paid for being a part of a great organization, movement, industry or whatever term you want to apply to credit unions in general.

The reason we've been successful is because we did not micromanage. We let our president/CEO and his senior staff run the credit union and they've done a great job in keeping the board and supervisory committee informed and carrying out the policies of the credit union.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 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.