This December issue of Credit Union Directors Newsletter discover seven strategic issues to consider at your upcoming strategic planning sessions, learn about Tyndall Federal Credit Union’s giveback program, find out why incorporating climate-related governance practices can provide many benefits, and understand how to use data to improve members’ financial well-being.
A passion for economic equality
Verity Credit Union combines sound financial management with a focus on people, says Board Chair Nancy Woodland.
“At your service”
Director Stephen Burgess answered his credit union’s call during the pandemic.
"'We thrive on creative discussions’"
Real estate broker brings market knowledge, passion to board role.
Committed to his community
Carlos Ruiz is dedicated to service at his job and in his board role.
Leaving a legacy of services.
Bertine "Bunny" Nixon fought for herself, community on path to becoming emeritus board member.
Serving a tight-knit community
Fire department career prepared Douglas Cooke for his role on the board.
Pandemic presents ‘perfect storm’ for fraud
Unemployment and motivation to get money to those in need play a role.
Preparing for cyberattacks
Develop an incident response plan to limit exposure time during cyberevents.
The case for inclusive governance
Fostering inclusion demonstrates commitment to service.
Improving board succession, mentoring
Find volunteers who can relate to current, future members.
Credit union finance 101
Every director must have a basic understanding of several financial concepts.
Advocacy: ‘It’s our duty’
Terry Tremelling shares insights into his board service.
Providing strategic direction
Kristie Jacobson shares board member insights.
Steps to guide your DEI journey
First, start with conversations about the value of increasing diversity.
Find ‘the next great volunteer’
Cast a wide net to identify potential candidates to fill board vacancies.
Embrace lasting change
From Credit Union Magazine on DEI initiatives
10 tips to kickoff your CU board experience
Lay a solid foundation for your role as a new board member
Responding to uncertainty
Boards act as sounding board for CEOs during crisis management efforts