Through independent research and innovation, the Filene Research Institute explores issues vital to the future of credit unions and consumer finance.
Volunteer credit union boards display a broad range of competence and engagement. This research aimed to identify any relationship between good governance and good financial performance. This report expands on two recent Filene governance reports: The Board’s Role in Credit Union Mergers and Recruitment and Selection Practices at Credit Union Boards.
More ...categories » Boards of Directors, Performance Measures
Questions about governance are essential as the credit union discussion rolls from crisis to rebuilding to long-term viability. To that end, Filene is working with the Clarkson Centre for Board Effectiveness at the Rotman School of Management, University of Toronto, to survey credit union directors. We invite all current and former credit union directors to participate in this survey. Password: filene
More ...categories » Boards of Directors
There’s a lot to be said for having old folks around the board table making credit union decisions. They have tons of experience. They’re familiar with the institution, both its history and its operations. They tend to be risk-averse, which is actually pretty good for a financial institution. With few exceptions, they care … a lot.
There’s a lot to be said for having younger folks around the table making credit union decisions. They have tons of ideas. They’re immersed in outside ideas and organizations. The right ones are ambitious and they care, too.
More ...categories » 30 Under 30, Boards of Directors, CU Tomorrow