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Items Tagged with 'boards'
Gentile to Head Massachusetts CU League
CUNA executive to start new role January 6.
December 2, 2013
Former New Jersey CU League CEO will succeed Dan Egan.
What’s Your Board’s Oversight Style?
Governance expert describes the continuum of board oversight styles, from rubber-stamping to micromanaging.
November 19, 2012
‘Do CEOs like rubber stamping boards? A good CEO won’t.’
Top Ten Planning Topics
Use these topics to shape discussions at your strategic planning sessions.
June 1, 2012
Reap the benefits of Bank Transfer Day, prioritize nonmember awareness and focus on governance.
Give Board Engagement a Boost
Study compares corporate and CU board practices.
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.
Meet Members’ Governance Expectations
Be sure your board is 100% engaged in its mission to represent members.
December 16, 2011
Serving on a board is much different now than in the past.
Special Report: America's CU Conference
Giving Good Governance
Filene fellow stresses the importance of continuity in leadership.
July 1, 2011
If everyone looks like you in the boardroom, your board needs a greater diversity of skills and experience.
Build Clarity Into Your Financial Statements
Simply using ROA to gauge success is shortsighted.
June 24, 2011
Accountant outlines the ideal performance scorecard.
Optimize Your Board’s Meeting Agenda
Study suggests three ways to make board meetings more effective.
December 1, 2010
Spend more time on strategy and less on operational matters.
CEO Succession Plans Lacking at CUs
Current planning efforts give organizations a false sense of security.
November 2, 2010
Survey says boards don't spend enough time preparing for succession.
Credit Union Magazine
September 2014 digital edition
Guide Members to Financial Health
Defining the Social Media ROI Debate
You Can't Freeze Out CU Folks From a Good Fundraiser
Transforming the Branch Manager
Driven to Serve
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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