Learn what your credit union should include in its board governance plan.
While directors should be continually asking why, they should also stay out of daily operations.
Many directors fail to understand the significance of motivation in accomplishing their mission and vision.
I enjoyed reading Sarah Snell Cooke’s support of paying directors. I think paid directors will give credit unions another tool to manage their credit union better.
Credit union people are an eclectic bunch. When they’re all in one place, variety becomes more pronounced.
BOSTON — Conference attendees hold forth on the tax exemption, director pay and that old time credit union feeling.
Volunteer of the Year awarded posthumously to longtime Alabama credit unions board member.
"We compensate board members more out of a sense of fairness than anything else,” explained Lin Hodges, president/CEO of Associated Credit Union of Norcross, Ga.
Part two of this analysis of credit union board compensation by Credit Union Times. From our July 10 print edition.
The reaction among the roomful of credit union board members was shock and awe. Explanations for board pay vary as do questions raised.