BIRMINGHAM, Ala.–The August edition of the Credit Union Board Brief has been published, after receiving a record number of new sign-ups during July.
Each month The Board Brief highlights a curated list of approximately one-dozen big picture news items, trends and developments that board members should be aware of.
The CU Board Brief has been designed to meet directors’ educational requirements by informing them of big picture issues taking place in credit unions and financial services and to provide potential discussion points in the board room, while not overwhelming readers with too much information.
“The CU Board Brief has been carefully tailored to members of board with an overview of broad issues they should be aware of, without getting into specific issues that are the purview of management,” said Frank J. Diekmann, Cooperator-in-Chief with the CU Daily. “Feedback from board members and CU leaders has been terrific for this easy-to-digest report. We are happy to be able to play such a role in keeping board members educated.”
Featured in July
The August Board Brief included:
- An update on credit union industry loan, market share performance.
- Coverage of new analysis indicating opportunity for growth in SMB space
- The latest data on consumer financial ‘health’
- Why one CU has launched an AI-powered coaching solution
- What consumers are saying about AI-powered chatbots
- An update from TruStage on the company’s system outage
- A deeper look at what is driving credit card chargebacks
- A full overview (with links) from the recent World CU Conference
- Why one CU has created a new AI and Innovation Officer position
- Where credit unions should NOT focus in responding to AI
- One CU’s new partnership with a hospital and newborns
- Insights from Rochdale’s David Seibert on governance and AI
Co-Developed by CU Volunteers
The monthly update was developed in conjunction with attendees at Rochdale’s Volunteer Leadership Institute and is based on their feedback.
Credit unions that want to ensure their boards continue to meet educational requirements and to develop the skills needed to oversee ongoing growth should contact Frank J. Diekmann at Frank@TheCUDaily to start a new subscription. A free copy is available for review.
Costs & Information
The cost of the CU Board Brief is just $599 per year, and that’s for the entire board, not per person. Discounts are also available to credit unions that belong to a number of organizations.
