If you only have time to read one thing this week, make it this excellent article by Jeff Kelly, titled Getting New Board Members on Board. In it he states, “While board members play a vital role in an institution’s overall governance and provide significant fiduciary guidance, credit unions often overlook the process of identifying, evaluating, and providing onboarding and ongoing training for these individuals.”
His article discusses the entire process of adding new members to the board — from responsibilities and evaluation and the onboarding process to engaging and creating an atmosphere of collaboration at the board level. In each, Jeff provides examples that all credit unions can implement and benefit from. I look forward to hearing your feedback on his suggestions!