BIRMINGHAM, Ala.–The number of credit union boards that receive the Credit Union Board Brief has grown again, and they have now received their July edition.
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 July Board Brief includes:
- A look at what recent Supreme Court decision could mean for NCUA moving forward
- Why one bank trade group is calling for credit unions to file IRS form 990s following a huge, alleged embezzlement
- The long-term forecast for auto sales (and resulting effect on auto lending)
- What representatives of three major auto dealer groups said they want from credit unions
- Real-world lessons from a competitor on how to be great in using AI in financial coaching
- The limits of loyalty: What consumers say they really want from their financial services providers
- Why two-thirds of Zillennials are shifting funds out of traditional deposits
- How one CU’s debt refinancing program helped 40,000 members to reduce $28 million in debt
- A look at two new competitive offers that may appeal to members
- A scam that continues to victimize members despite repeated warnings
- A look by Jennifer Gunter of Rochdale at the board’s clear role when it comes to cybersecurity
Co-Developed by CU Volunteers
Developed in Conjunction With 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.
