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Learning Plans

Use the learning plans below to increase board knowledge. Each plan will direct you to relevant videos, articles and whitepapers developed by subject matter experts. Use the plans’ end-of-session questions to help spur board meeting discussions.

Introduction to Credit Union Financials

Learning Objectives:

  • Read and understand a credit union balance sheet.
  • Read and understand a credit union income statement.
  • List critical financial ratios and indicators the board monitors to evaluate credit union performance and be prepared to ask substantive questions of management when appropriate.
  • Describe the role of the board in developing and monitoring key performance indicators.
  • Outline the processes your board uses to integrate financial information into its strategic planning process.
 
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