The Three C’s of Summer
July 9, 2025 7:30 amBy Donya Parrish, MCU VP Risk Management
You’ve probably heard of the three C’s of credit, so what are the three C’s of summer? They are just a few things I thought you might want to be aware of as resources for your continued learning and development as credit union board members.
1. Credit Risk
NCUA included Credit Risk on its annual list of supervisory areas of focus for the year. With our state and federal economies impacting your credit union members and balance sheet so directly, a free NCUA Credit Risk webinar next week may be of interest to you. It is scheduled for July 15 at noon MDT for 75 minutes.
The webinar will feature a discussion of current trends in credit union lending and credit performance, as well as observations from recent examinations. Topics will include:
- Approaches some credit unions are using to monitor credit risk;
- Elements of corporate governance related to credit exposures; and
- Characteristics observed in credit union loan portfolios.
2. Curiosity
Scott Baldwin, with Director Prep, published the blog, Curiosity Makes the Director, speaking to the role of curiosity as a strategy in the boardroom. He notes it can be used to develop a culture that serves boards well, and includes the steps to build it in yours. I strongly encourage you to give it a read.
3. Communication
We strive to keep your credit union informed at all levels of the organization. If you are receiving the weekly blog email, great! Make sure your fellow board members are, too. We also have the weekly email from our CEO, the President’s Report, and we are happy to include you in receiving it. It is our primary communication tool on what is going on in our credit unions in the state and across the industry. The best part? There is no cost, and we’ll make it as easy as possible to get you plugged in. Just drop Michelle or me an email indicating who needs to be added (name and email address, please) or use this form to sign up.
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