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The Board Building Cycle

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Good boards do not just happen: They take care, thought and planning. Credit unions with strong, active boards often spend significant time and attention on each part of the board building cycle. — The Board Building Cycle

Credit unions operate in a different world than a generation ago. Greater competition in the financial services marketplace, declining membership and the prevalence of mergers and expanded charters have changed the landscape. Has your board of directors evolved to keep pace with this new reality?

The Board Building Cycle, by Berit M. Lakey, Ph.D, addresses these concerns and more in a comprehensive, nine-step approach that credit unions can use to develop high-performing volunteer boards. Lakey, a credit union governance expert with more than 30 years of experience, identifies important ongoing steps for maximum board performance.

The Board Building Cycle presents practical tips, worksheets, documentation samples, links to comprehensive resources, and informative case studies. Explore each phase of the cycle to learn how you can strengthen your credit union board. Board members wishing to improve their credit union’s performance can access many other CUES Center for Credit Union Board Excellence.

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