Serving on a credit union’s board of directors is much different than it was 15 years ago. The primary responsibility is the same – to enhance value for the members. But the post-recession environment has ushered in a new era of responsibility for the board. Enterprise risk management, regulatory compliance, cyber security, industry consolidation, and the like all require proactive, reasoned decision-making by each board member. Every member must pull his or her weight. How should a credit union go about assessing the effectiveness of its board? This webinar will explain how to inform directors of their duties and responsibilities and highlight industry expectations for the board. The presentation will provide an overview of best practices for evaluating the board as a whole, as well as individual directors.
Recorded Tuesday, March 28, 2017
Attendance certificate provided to self-report CE credits.
- A director’s real job
- Directors’ legal duties and role in the current regulatory environment
- Building an effective board
- Evaluation best practices
- Succession planning for the board
- TAKE-AWAY TOOLKIT
- Sample evaluation forms for directors, chairpersons, and CEOs
- Article on board evaluation and succession
- Employee training log
- Quiz you can administer to measure staff learning and a separate answer key
WHO SHOULD ATTEND?
This informative session is designed for credit union directors and senior officers.
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.