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In recent months several notable credit union industry conference speakers have suggested that a credit union’s board of directors should be as diverse in age, gender and ethnicity as the membership-delivering a backhanded criticism of currently seated boards of directors. Other conference speakers have used the bully pulpit to advocate recruiting Generation Y representatives into credit union board rooms by warning that older board members simply can’t understand how to attract this under-30 demographic of online whizzes and social network buffs.

Both of these pronouncements are preposterous. Taken to the extreme, they advocate a credit union board diversity quota system.

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Peter Westerman


Credit Union Times

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