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Articles Tagged with 'boards'

CEO Succession Plans Lacking at CUs

November 02, 2010
Survey says boards don't spend enough time preparing for succession. READ MORE

Optimize Your Board’s Meeting Agenda

December 01, 2010
Spend more time on strategy and less on operational matters. READ MORE

Giving Good Governance

July 01, 2011
If everyone looks like you in the boardroom, your board needs a greater diversity of skills and experience. READ MORE

Build Clarity Into Your Financial Statements

June 24, 2011
Accountant outlines the ideal performance scorecard. READ MORE

Meet Members’ Governance Expectations

December 16, 2011
Serving on a board is much different now than in the past. READ MORE

Give Board Engagement a Boost

January 31, 2012
CU and corporate governance are so similar that if CUs followed most of the best practices compiled by the Business Roundtable, board engagement would increase significantly. READ MORE

Top Ten Planning Topics

June 01, 2012
Reap the benefits of Bank Transfer Day, prioritize nonmember awareness and focus on governance. READ MORE

What’s Your Board’s Oversight Style?

November 19, 2012
‘Do CEOs like rubber stamping boards? A good CEO won’t.’ READ MORE
May Cover

Credit Union Magazine

• May digital edition

May 2013

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Look into the Future of Finance

Finovate Highlights Industry's Best and Brightest

Scenes from FinovateSpring 2013

Scenes from the 19th Annual CUNA CFO Council Conference

Gladwell: CUs are David to Banks’ Goliath

Recent Discussion

In remembering Warren, the first thing I think of was his smile. He was a gentle, caring man who always thought of others first. I was honored to be a part of the MiOpportinidad project with Affinity Credit Union, Warren and Miriam. His hard work and dedication to that project was inspirational. Warren so deserves this award.

The author really understands the credit union philosophy and I really enjoyed the analogy of his bathroom remodel. The only thing missing was pictures of the finished bathroom! :)

Thank you Phillip for showing the differences between a Big Bank that is only looking to sell you products and a Credit Union that actually looks out for its members needs. Great article!

I love and give a standing ovation to Ron Kase and to other caring people just as much as those who passed away on 2012 like Warren Morrow at Des Moines Iowa. He worked hard for those who are under-served an under-represented, but wasn't mentioned in your magazine. It may be beneficial for the entire world to know about his accomplishments no for his benefit, obviously, but to increase the number of positive and caring people and to add members the CU. Just ask Coopera Consulting at Des Moines Iowa about Warren Morrow's legacy.

That’s right Lisa. The servicing rule would not require a credit union to create its own policies and procedures if all aspects of the servicing are delegated to a sub-servicer. However, remember that the credit union will have to conduct due diligence on the sub-servicer to make sure it is following the minimum requirements for policies and procedures. Unfortunately, even those credit unions that use a third party servicer will need to have a working knowledge of the CFPB’s servicing rule.

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