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Participation loans have grown as a percentage of credit union loan portfolios. Boards are responsible for monitoring underwriting and credit administration practices of lead lenders and ensuring they comply with the credit union’s guidelines. Increased regulatory scrutiny is likely.
While the board relies on the management team to provide expertise and implement policy, the board must -- through proactive guidance and ongoing follow-up -- ensure the credit union fulfills compliance obligations and conducts business in a safe and sound manner. Listen to attorney and CU compliance expert John DeLoach as he discusses four key concerns for Directors to consider on the compliance front for 2014.
What are common misconceptions, on the part of the board and staff about succession planning?
Charles Shanley, SPHR, debunks common myths about succession planning.
What Should the Board Consider when Searching for a New CEO
Charles Shanley, SPHR, discusses what boards need to consider when undertaking an executive search.
James Devine, Hiperion, Inc.,
Rehoboth Beach, Del.
Author, 2015 Scenarios for Credit Unions in North America