Directors Gain New Rules of the Road From Consultants

Consultants seem to agree that governing a credit union has become more daunting. And the trend toward greater board accountability isn’t likely to go away.
“Unlike a for-profit bank, whose focus is only financial, credit unions can define their return as not entirely financial but whether members are better off because the credit union exists. They offer a betterment to the community that goes beyond financial returns. Do they struggle with it? Yes. But that’s kind of what a nonprofit’s role is all about.” -------Directors Gain New Rules of the Road From Consultants: