TITLE

Board Training Always A Top Priority

AUTHOR(S)
Fortney, Mary Martha
PUB. DATE
February 2011
SOURCE
Credit Union Journal;2/28/2011, Vol. 15 Issue 9, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Opinion
ABSTRACT
In this article, the author discusses the final rules published by the U.S. National Credit Union Administration (NCUA) governing the mergers of federal credit unions (FCU) and termination of duties and responsibilities of FCU directors. She contends that state regulators place the highest priority on appropriate board governance in state-chartered CUs. She suggests rejecting the notion that the volunteer nature of the CU directors justifies them of being held to the highest standards.
ACCESSION #
58732276

 

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