Governance questions may not get more visceral – who makes the biggest decisions at a credit union?  

The question is easy to ask, but for some, it can be bafflingly hard to answer.

"Where are the lines drawn? There is no black-white definition of responsibility," said Michael Lozoff, chair of the credit union practice at law firm Shutts and Bowen in Miami.  

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.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.