Credit union board members should keep a clear focus on what they should accomplish in each meeting. To be efficient directors can try to follow this rule of thirds: Strategic Discussion, Reporting and Education. It will keep the focus and improve performance.
As we travel around the country working with credit unions, we’re so fortunate to meet great people who are part of the credit union movement. We get to interact with those who have a great deal of experience, people who are happy to share what they’ve learned over the years. We’ve had the opportunity to learn some great practices (and a little bit of nonsense) over the years which we always try to pass along (usually not the nonsense).