Planning a Helpful Handoff

August 2018: Vol 41 No 8
by Jen Lawrence

10 steps to effectively pass the ball to a new CEO

football player holding out the ball

In January of this year, Niagara Falls Memorial Medical Federal Credit Union lost its third CEO in three months.
According to an article in Buffalo Business First (bizjournals.com/buffalo), when faced with another CEO search, the small credit union, with less than $5 million in assets, opted to be absorbed into $177 million Niagara’s Choice Federal Credit Union, Niagara Falls, N.Y.

Although there were likely a numbe...

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