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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.
marketing campaigns often rely on getting back to the basics.
Credit Union Magazine
CU service organizations (CUSOs) have come a long way during the past few decades. In the early days, CUs formed CUSOs so they could provide services that, at the time, they weren't allowed to offer themselves, such as investment services. Today, you can find CUSOs that do just about anything CUs need.