1/21/15 10:46 AM
Oftentimes a person’s greatest weakness is an extension of their greatest strength. Apply that idea to credit union boards, and you might find that directors’ deep commitment to serving members’ financial needs can make it hard for them to leave the job — even when, ultimately, that might be the best thing for the credit union. That’s not to say that board turnover simply for turnover’s sake is a good thing. In fact, a 2012 report sponsored by CUES found that 81% of directors and 75% of CEOs reported satisfaction with the level of turnover on their boards.