It used to be that a new board member at the $350 million Salal Credit Union would prepare for his or her new position with the Seattle credit union by simply participating in a sit-down orientation session with the CEO.
Now, the training process includes participation in online courses, guest speaker events, webinars and meeting agendas that center on strategic planning for the credit union's future.
Salal CU's revived training program has resulted in board members who possess broad knowledge and a deep awareness of current credit union industry issues, say President/CEO Russ Rosendal and Board Chair Alan Lederman. This, they add, makes a positive impact on the credit union's success as a whole.
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