By Sharon Simpson Creditunions.com
When BMI Federal Credit Union ($386.6M, Dublin, OH) faced the challenge of how to make the most out of board vacancies, it developed two programs geared toward facilitating a smooth succession and retaining the invaluable experience of long-time board members. The first program — an associate board member position — gives newcomers the opportunity to learn about credit union operations and board responsibilities before becoming a full-fledged board member while the second program — an emeritus board member position — allows experienced board members to stay involved and pass on important knowledge.
Read More >>> 2 Ways To Ensure A Smooth Board Transition - General Features - News | Credit Unions
“Celebrating 25 Years of Service: Unite, Ignite, and Empower” “We train and support volunteer leaders of credit unions serving first responders to run stronger, more effective institutions.” “Great things happen when credit unions serving first responders come together. Our face-to-face and on-line interaction is the platform where collaboration begins, and GREAT ideas are generated.”
Monday, April 28, 2014
2 Ways To Ensure A Smooth Board Transition
Associate and emeritus positions prepare new members for board responsibilities and pass on institutional knowledge from veteran members.
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