ASHEVILLE, N.C. – The September issue of the Credit Union Board Brief has been sent to all of its board member subscribers.
Each month the Board Brief highlights a curated list of approximately a dozen big-picture news items, trends and developments that board members should be aware of.
For September, the reporting includes:
• New proposals around capital.
• Update on what’s happening with the CDFI Fund.
• A “sobering reality” about members’ financial situations.
• How card spending is changing.
• An update on open banking.
• A legal threat to be watching.
• Why understanding blockchain is becoming critical.
• An economic forecast from Fannie Mae.
• What one CU found when it surveyed members.
• A new approach to a teen account.
• Insights on the “disappearing middle” of credit union management that boards need to monitor from Tony Ferris of Rochdale.
About the Board Brief
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 boardroom, while not overwhelming readers with too much information.
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 develop the skills needed to oversee ongoing growth should contact Frank J. Diekmann at [email protected] to start a new subscription.
Costs & Information
The cost of the CU Board Brief is $799 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.
For information or to receive a copy of the July issue, contact Frank J. Diekmann at [email protected].
