Our weekly blog addresses issues and topics of interest for Montana credit union board members.
Time for Financial Literacy Training?
As a credit union board member, you're required to have training on financial literacy. This was a new requirement in 2015 for state chartered credit unions, and was put into place in 2011 for federally chartered credit unions. If you have new board members who need training, have implemented big product or service changes at your institution, or just feel it's time for a refresher, we have a solution for you! Last July, Tim Harrington provided us with two sessions to cover the basics and a little more of financial literacy. The sessions are still on our website, and they continue to be relevant and timely. As an affiliated credit union, you have access at no charge. They are also available at your convenience, so just click here when it fits your schedule.
At the bottom of this page, you'll find links to past blog posts organized (loosely) into four categories. Feel free to browse. The blogs are all fairly short and provide food for thought in the areas of directors' duties and responsibilities, advocacy, working with the CEO, and ideas for strategic planning.