> Credit Union Directors
Credit unions are member-owned and governed by a board of volunteer 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 in A Direct Line each week! If you discover a resource that you feel should be added to this list, please send the information to Donya Parrish.
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 latest edition covers recent legislative challenges and the importance of political involvement. 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.
- Development of the Modern U.S. Credit Union Movement 1970-2010, Paul Thompson, CUDE
- 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 every volunteer 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
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