A Direct Line - A Blog addressing issues and topics of interest for Montana credit union board members
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Starting with our "Welcome aBoard" post, our weekly blog addresses issues and topics of interest for Montana credit union board members. 

Financial Literacy for Directors Webinar

Because of a new law* passed by the 2015 Legislature, board members at state chartered credit unions in Montana are now, like their counterparts at federally chartered credit unions, required to receive financial literacy training. To make sure all of our credit unions have access to the necessary training, MCUN has asked Tim Harrington to conduct a 90-minute webinar that will cover the key financial concepts, ratios, formats, and trends that directors need to know to be able to ask better question and understand their credit union's financial condition.

The webinar is free to all Network-affiliated credit unions. It's scheduled for Thursday, July 16 at 11 a.m. MDT and will also be recorded into three, 30-minute segments for use at board meetings. You can get more information and register for the webinar on our website. It's a smart (and convenient) way to make sure you and your fellow board members comply with NCUA and new state requirements for financial literacy. 

*the new Montana state law is effective October 1, 2015.

 

Below, 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.

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