> Credit Union Directors
Credit unions are member-owned and governed by a volunteer board of directors who are elected democratically by (and from) the membership. Volunteers play a huge role in our industry and take on a lot of responsibility when they take a seat on their credit union's board of directors. Setting policies and the direction of a financial institution in this day and age is not a task to be taken lightly. We hope the information in this section of our website will be helpful.
We started a blog in the spring of 2014 just for Montana credit union directors. Read a new entry or resource highlight in A Direct Line each week! Contact Donya Parrish with questions or suggestions.
Books, Manuals, Magazines, and articles
- Boards and Leadership: How Boards Can Add More Value a report from Filene Research Institute. Filene has a wealth of research and initiatives on a variety of topics.
- Credit Union Board of Directors Handbook -- Now in it's 4th Edition, this book from our national association (CUNA) helps directors build confidence and gained shared understanding. It's relatively short, easy to read, and filled with useful information. The Network Library has a copy you can check out by contacting Kara.
- CUNA Volunteer Leadership and Engagement: Best Practices for CU Boards Whitepaper (May 2014)
- Credit Union Magazine -- Published by CUNA, the magazine has a monthly print edition and an active website with LOTS of information. While you need to subscribe to get all of the information, the website does offer access to some articles without a subscription. Below are some links with more detail.
- Directors Newsletter (CUNA) -- Either as a print or PDF subscription
- NCUA Report -- Monthly publication from the NCUA.
- Network News (MCUN) -- this regular publication (comes out three times a year) offers a look at what's going on in Montana credit unions. Each issue features a "Directors' Corner" and all board volunteers in Montana should get a copy in the mail. If you don't, please contact Beth. Recent articles are listed below:
- People, Not Profit: The Story of the Credit Union Movement CUNA
- Power of Business Ethics, Credit Union Ideals in the Real World, Dick Radtke
- Spiced Up Strategic Planning, Jeff Rendel
- OMG, It's Our Strategy, Jeff Rendel
- CUJournal Special Report on Volunteers February 2013
Certification & Upcoming Training
- BSA for Volunteers- A 24 min video presentation produced in Nov. 2014 as a dues service by the Network to fulfill your annual training requirement.
- LSG Directors Series -- A series of six 30-minute, training sessions designed to work with your monthly board meetings.
- CUNA Volunteer Achievement Program (VAP) -- This is a series (more than 40) of self-study courses. There are printed courses, online exams and courses, and seven courses available on eBooks.
- CUNA Volunteer Certification Program -- This has a Board of Directors Track and a Supervisory Committee Track. Become a "Certified Credit Union Volunteer" (CCUV)
- CUNA Volunteer Certification School -- (October 11-16, 2015 Phoenix, AZ)
- CUNA National Credit Union Roundtable for Board Leadership (August 7-9, 2015 San Diego, CA)
- CUNA Enterprise Risk Management Institute for Directors (May 17-20, 2015 Chicago, IL)
- Other Training
- July 16, 2015 (11:00 AM): Webinar: Financial Literacy for Directors
- September 15, 2015 (1:00 PM) - September 16, 2015: Director/CEO Forum
- September 16, 2015 (1:00 PM) - September 17, 2015: CEO/Managers Roundtable
Infosight "Board Responsibilities" channel
The Network offers our affiliated credit unions access to InfoSight, an online compliance resource for credit unions. The InfoSight channel on Board Responsibilities provides detailed information on a variety of topics (listed below). Please note: To access this information, you need an account on our website. You can request one or contact Beth (406.324.7457) if you have difficulties.
WEbsites and videos