The financial world, with its complex knit of systems and technologies, puts extra pressure on board directors overseeing credit unions. Being a financial savant, however, isn't what makes a good board member, it's something much more deeply rooted.
Less than two years since its creation, CCUA, the credit union system's national trade association is a work in progress.
Credit unions need to do more to ensure that there is greater gender equity on their boards.
Credit unions are preparing to implement the new IFRS 9 accounting standards, which take effect Jan. 1, 2018.
Negotiations are underway to bring second tier services — provincial centrals and CUSOs — under one roof.
Should CUs serve the recreational marijuana industry?
The financial crisis of 2008 represented a nadir for U.S. regulators, which hadn't examined the risks banks were taking.
The Canadian credit union system is light years ahead of it U.S. counterparts in addressing board issues, according to a report by Filene Research.