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In this episode, Grant Sheehan, CEO of NOFCU, explains the principles of self-governance for credit union boards and discusses why it is crucial for stability, accountability, and member trust.
He outlines key practices, including clear roles and responsibilities, governance policies, regular self-assessments, committee structure, ongoing education, and member engagement, plus practical steps to implement a stronger governance framework.
https://www.ncofcu.org/first-responder-credit-union-academy
In this episode, Grant Sheehan, CEO of NOFCU, explains the principles of self-governance for credit union boards and discusses why it is crucial for stability, accountability, and member trust.
He outlines key practices, including clear roles and responsibilities, governance policies, regular self-assessments, committee structure, ongoing education, and member engagement, plus practical steps to implement a stronger governance framework.
https://www.ncofcu.org/first-responder-credit-union-academy