by Feminella, Amy | Apr 10, 2022 | Credit Union Advisors, Insights
The most common way credit unions recruit board members—the annual call for nominations and/or word-of-mouth from current directors and staff—is the least effective, according to Jeff Rendel, CEO of Rising Above Enterprises. So, how can you use other strategies to...
by Feminella, Amy | Jul 18, 2021 | Credit Union Advisors
Board of directors, do you recognize the importance of executive compensation? Providing powerful compensation incentives is what sets you apart in the hiring and retention game. At Newcleus, we design deferred earnings packages that bring value and envious returns on...
by Feminella, Amy | Apr 5, 2021 | Credit Union Advisors
At Newcleus CU Advisors, we have come into contact with plenty of credit union board members, CEOs, and CFOs. In this time, we’ve discovered that sometimes the board members need a little guidance on what they need to know when they begin working with the credit...
by Feminella, Amy | Mar 8, 2021 | Credit Union Advisors
A good relationship with board members is every Credit Union CEO’s ideal working scenario. While this is the best-case scenario, as most CEOs already know, great communication with the board is not always the easiest thing to achieve. As active credit union boards...
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....