Latest from the CUNA Volunteer Network
BECU To Pay Stipends To Directors, Audit Committee
SEATTLE (11/12/13)--The nation's fourth-largest credit union announced it plans to compensate its directors and Audit Committee members beginning in 2014.
Seattle-based BECU, which has more than 825,000 members and more than $11.5 billion in assets, informed members of the plans Nov. 5 on its News Center website. It noted that effective this past July 28, state law allows state-chartered credit unions such as BECU to reasonably compensate directors and Audit Committee members. Read more.
new Cautionary Tales from the Boardroom
In the sixth installment of this series, Jeff Rendel of Rising Above Enterprises shares another difficult situation from a credit union boardroom. Jeff talks about a board chair with a skewed sense of his responsibility. Hear what the problem was and a variety of ways to work in a more functional way. See other installments of Cautionary Tales from the Boardroom.
Special discount for CUNA Volunteer Network members!
This strategic planning resource details the key facts and trends that credit union leaders need to know to make their future strategic decisions with confidence. In planning for potential challenges, you will be able to predict your members' needs and remain your community's preferred financial institution.
Take advantage of this exclusive 25% discount off the 2012-2013 E-Scan Report and set your credit union up for success.
Educate members on your security measures to increase adoption and use.
Credit Union Magazine
John Sackett, chairman of the CUNA Volunteer Leadership Committee, is treasurer of $1.3 billion asset Royal Credit Union, Eau Claire, Wis. He spoke with Credit Union Magazine about Vounteer leadership and the committee's role.