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You might ask, what do governance, leadership and Chile have to do with credit union boards getting it right? One thing I know to be true is the deep belief that credit union board members have in fulfilling the mission of protecting the members they serve. But I would like to propose that there needs to be increased education, accountability and better governance practices employed to ensure the soundness and security of their credit unions. Board members’ passion and commitment can be channeled into better decision making and outcomes for the credit unions they serve.

Peter Westerman

Credit Union Times

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