by Feminella, Amy | Jan 21, 2021 | Credit Union Advisors
Credit union earnings have been suffering throughout the global pandemic. Board members are concerned with the potential for loan defaults as the uncertainty of COVID continues. Credit unions we’ve spoken to are concerned with three key objectives: the “New Normal”...
by Feminella, Amy | Jan 18, 2021 | Credit Union Advisors
When people think of board member and credit union communication, many may initially think of conflict. The most successful credit unions have a key executive team that integrates seamlessly with their Board of Directors to accomplish their overall goals. However,...
by Feminella, Amy | Jan 14, 2021 | Credit Union Advisors
Communication within the board room is essential to the success of your credit union. While it may be easy to overlook the communication aspect of being a member of the board, it’s one of, if not the most, important aspects of being part of the board of directors....
by Feminella, Amy | Jan 11, 2021 | Credit Union Advisors
Investing in Credit Union Owned Life Insurance (CUOLI/COLI) as a strategic benefits opportunity for your key executives can provide major advantages for your Credit Union. Having a properly structured CUOLI plan can be beneficial to both your business and your key...
by Feminella, Amy | Jan 4, 2021 | Credit Union Advisors
As you reflect on 2020 and the tremendous work your leadership team has put forth, you are likely thinking about ways to make sure this battle-tested team remains with your credit union for the long-term. A properly designed SERP can help you retain and reward those...
