Article

Hudson Valley Credit Union’s Call for Board Candidates Refresh

smiling woman in yellow coat holding out arms in a growing green bamboo forest
Jennie Boden Photo
President of Consulting Services
Quantum Governance L3C
Alexander Stein, Ph.D. Photo
Founder
Dolus Advisors

2 minutes

As part of its board recruitment renewal project, Hudson Valley CU developed a call for candidates that outlined specific attributes that matched its changing governance needs and values.

Before

Nominations are being accepted through Nov. 1 for our 2020 Board of Directors Election. Board members are volunteers elected by the credit union membership and are responsible for the general direction of the credit union, leading us forward and positioning the credit union to respond to members’ future needs. Directors must carry out their duties in the best interest of the membership, conforming to all applicable rules and regulations, as well as sound business practices. 

Members with strong backgrounds in a variety of fields are needed, including business, finance or investments, human resources, marketing or information technology. A director must have a working familiarity with basic finance and accounting practices, including the ability to read and understand the credit union’s balance sheet and income statement. Board members volunteer an average of 10-15 hours per month to credit union business and are also required to attend a monthly meeting in Poughkeepsie, New York, as well as serve on one or two additional committees. 

After

Nominations are being accepted now through Feb. 25 for the Hudson Valley Credit Union 2021 Board of Directors. Our Board members are volunteers elected by the credit union membership and responsible for working in partnership with our Management Team to lead the credit union to mission success: to create financial security and a better quality of life. 

Our Board provides governance and leadership; visionary, strategic direction; and fiduciary oversight, and we’re looking for members who are experienced critical and strategic thinkers, with a keen ability to focus on the future. If you are independent-minded but can also work to build consensus among a group of diverse people, we need your skills! And, while you don’t need a degree in finance, you do need to be comfortable reading financial statements and analyzing organizations from a strategic point of view. We are a fast-growing credit union, with a commitment to good governance and acting with integrity.

If you think you have the right mix of skills, talents and attributes, can commit to an average of 10-15 hours per month in service of our credit union, plus attend a monthly meeting in Poughkeepsie, New York, and serve on at least one of our board-level committees, visit our website at hvcu.org. cues icon 

Jennie Boden is president of consulting services at CUES strategic partner Quantum Governance. She has 30 years of experience in the national nonprofit sector and has served as chief staff officer for two nonprofits.

Alexander Stein, Ph.D., is founder of Dolus Advisors, a consultancy that helps leaders address psychologically complex organizational challenges.

The authors offer their gratitude to the board, CEO, supervisory committee, senior management, the nominations subcommittee, and the governance and nominations committee at Hudson Valley Credit Union for permitting us to publicly discuss this aspect of our work with them. Their willingness to share for the benefit of the CU community is a hallmark of their exceptional attitude toward governance excellence.

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