Should your credit union consider a merger?
In their latest podcast, Deedee and Peter discuss how building a proactive strategy can set you up for success regardless of which side of the table you’re sitting on.
The Fourth Industrial Revolution necessitates that credit unions employ data-driven decision making to refine their financial operations and maximize razor-thin spreads. During this webinar, we’ll walk through how some credit unions are employing DDDM to more broadly evolve their operations, focus their talent, and deliver greater value to the membership.
The average board member is now in the midst of, at least, their third major governance challenge. Most board members today played critical roles during the Great Recession, have overseen a change in CEOs, and now find themselves navigating an increasingly complex and unpredictable confluence of external variables. The potential role and capability of boards in the 2020s will undoubtedly be informed by the last ten years of governance practices.
Take a deep dive into the common challenges that credit union boards face, and the cutting edge methods available to overcome them. We’re sharing the easy steps boards can take to get more aligned, stay aligned, and realign if needed. We’re also talking about ways boards can handle the tougher topics that often go unaddressed.
Nationwide, credit union boards are experiencing a similar challenge in finding the best possible talent to serve in a volunteer capacity (apparently citing the potential liability is not a great selling point!). The old method of recruiting and onboarding directors no longer works, and many boards are scrambling to fill a single position.
DDJ Myers highlights the best practices for board recruitment that will result in a pool of well-qualified and eager candidates who are ready to contribute in a fiduciary and strategic capacity.