Board decisions influence the savings and credit opportunities available to members. As a volunteer serving on the board, you are responsible for the course your credit union takes. Realistically, the directors share management duties with the individuals hired to oversee daily operations. But in the eyes of the law, the board holds ultimate responsibility for guiding your credit union. This course presents the major board responsibilities and gives you the tools and knowledge to perform your duties.
Contents
• Structure of the Board
• Major Board Responsibilities
• How the Board Directs the Credit Union
• Board and Management: Two Elements, One Team
• Specific Board Responsibilities
• Legal and Regulatory Considerations
• Communication
• Board Effectiveness