The Promise of Portals

September 2018: Vol 41 No 9
by Stephanie Schwenn Sebring

Implemented strategically, this board technology can promote director diversity, improve security and make meetings more efficient.

Director logging into board portal on a tablet

Every credit union board wants to be strategic. Strategic thinking can be boosted when directors have a mix of expertise, demographics and credentials. By encouraging board diversity, boards can incorporate broader views and better represent the membership. But credit unions sometimes find attaining this diversity at the board level a challenge.

They’re not alone. According to a 2017 survey by the Investor Responsibility Research Center...