SANTA ANA, Calif. — Over lunch or coffee, outside of the office, colleagues are more apt to talk candidly about the pressing issues of the day.
For a group of investment executives at several southern California credit unions, that's how the concept of a very informal, grassroots networking circle got its start nearly four years ago. Topics of discussion spanned the gamut from competing against banks to representative compensation kicked off by exchanges via Blackberry messages or a phone call.
Though it's not the official name, the Credit Union Professional Managers Association started with four-hour quarterly meetings. The agendas were simple: an open forum to discuss what's on your mind. The costs were minimal: mileage and a rotating schedule among the credit unions to play host and provide lunch. And, there was one key restriction: vendors were not allowed to attend.
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