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Items Tagged with 'directors'
Synergy Separates Great Boards from Good Boards
Directors’ collaborative capabilities matter as much as their individual abilities.
August 25, 2014
To create a strong board, foster a series of meaningful intangibles that can create synergy.
Build a Better Board
A variety of skills and viewpoints can give your board a fresh perspective.
June 26, 2014
CUs find new board talent by implementing term limits, leveraging board committees, and reaching out to community leaders.
Build Enduring Greatness on Your Board
Use these four strategies to ensure your CU stays relevant to members today and tomorrow.
June 11, 2014
Directors with forward-looking viewpoints position them as strategic partners with their CEOs.
Cultivate an Effective CEO Evaluation Process
Ask these questions to determine whether your CU boasts a well-rounded leader.
April 21, 2014
Six measures to gauge your CEO's performance.
Boards Take the Lead with ERM
Enterprise risk management is a governance tool.
March 21, 2014
What's the board's role in risk management?
Five Types of Board Members To Avoid
You don't want these folks on your team, say Jack and Suzy Welch.
November 19, 2013
A bad director or three can break the board.
Volunteer Leadership: What’s Old Is New Again
The role of board leadership is as strong as ever.
January 13, 2013
One great strength of our movement is the volunteer board of directors.
Take a Holistic Approach to Compliance
CU can’t have separate compliance approaches for different products.
November 21, 2012
Dividing compliance responsibilities among different departments leads to inconsistencies.
Directors Must Evolve With Their CUs
Regulators and members are paying close attention to corporate governance.
September 14, 2012
As your CU's business model changes, so must board governance.
Walling Celebrates 40 Years of CU Service
Christian Community CU CEO is honored during the credit union’s 55th annual meeting.
June 27, 2012
Walling joined what was then the $7 million asset American Baptist CU in 1972 as assistant manager.
More Articles Tagged with 'directors'
Credit Union Magazine
September 2014 digital edition
Guide Members to Financial Health
You Can't Freeze Out CU Folks From a Good Fundraiser
Transforming the Branch Manager
Driven to Serve
Audit for Compliance
While I thought that the premise of the article was good, I found one point very disturbing. It is that the Visions FCU ages people off their board at age 70. I found that really offensive. It perpetuates what I believe to be the regrettable marginalization of elders in our society, and the often erroneous assumption of debility and decline after a certain chronological age. Lots of folks over 70 are leading dynamic and viable professional lives and contributing to our society. How about Warren Buffet, a number of Supreme Court Justices, Jimmy Carter, the late Nelson Mandela and the late Maya Angelou, to name but a few, along with scads of writers, academics, performers, artists, and often our friends, neighbors and colleagues. If Visions wants new people on their board, it seems as though the term limitations and a nominating committee can accomplish that without aging all people off at age 70. I think that’s so insulting. And if those were paid employment, it would be illegal. I do wish you’d have picked a different credit union to profile---one that perhaps does many of the same things, without the arbitrary age exclusion. There have to be others out there.
David, good point about the "recovering comfortably" comment. That was an editorial addition--which I'll remove.
Many good points but too rosy? Will the "Federal Reserve raise short-term interest rates 1% per year for the next three years, starting in 2015—“probably next year at this time” ? I have heard from other economist that the US government will go bankrupt if that happens due to the QE the fed has done for several years. Also it seems an exaggeration to say “We survived a heart attack,now the economy is recovering comfortably." Comfortably recovering is too ignore the economic stress that many members still live with daily that will eventually affect many credit unions.
Karan, Great article and insight. I would also recommend that you start getting those credit cards into the hands of the youth BEFORE they are in college. One of the best ways to reach this young generation is through mom and dad. Before the student goes to college, get them started with a credit card (even if mom and dad are joint on it). It's never too early to start marketing credit cards. Mark
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