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Board Responsibilities, Liabilities, Governance

November 14th, 2013 1:00 PM – 8:00 PM

This training will benefit all members of credit union boards of directors.

Newly-elected board members will be able to network with board members
from other credit unions, while experienced directors
will have an opportunity to refresh their knowledge.


Two sessions to choose from:
1 to 4 p.m.
5 to 8 p.m.

The existence of a voluntary board of directors elected from among the membership is one of the most essential elements of the credit union movement.   Learn how to best carry on this time-honored tradition of service.

The roles and responsibilities of the board of directors as a whole - as well as those of individual board members - will be reviewed and discussed. 

  • Understanding the chair, vice chair and secretary roles

As the responsibilities of credit union directors have grown more complex over the years, it is important that board volunteers understand that those responsibilities may lead to liabilities and potential lawsuits.

  • Managing risk through safety and soundness
  • Appropriate liability coverage

Attendees will learn today’s most important governance issues.

  • Creating a peak-performing board
  • Defining excellence for board members
  • Developing quality board and CEO relationships
  • Maximizing board performance through effective reporting
  • Importance of the bylawsthat govern the internal operation of your credit union
  • Recruiting, orienting and retaining board members
  • Conducting productive board meetings
  • The board’s role in strategic planning

 David A. Reed, CUCE, attorney, author, consultant and nationally recognized speaker, is a partner in the law firm of Reed and Jolly.  He provides guidance to credit unions concerning a variety of matters including credit union policies and procedures, organizational compliance, collections, security, contractual agreements, regulatory matters and corporate governance.  

A former Vice President and General Counsel of a large credit union, he is the founder of CU Doctor, a full-service credit union consulting practice.


Tuition Reimbursement – New Asset Ceiling Eligibility!
Maryland and D.C.-based credit unions with up to $150 million in assets may be eligible for up to 75% educational reimbursement from the Credit Union Foundation of MD & DC. For details and an application, visit contact Training Director Diane Pinter, dpinter@mddccua.orgor 443-325-0779.


MD & DC Credit Union Association
8975 Guilford Road
Suite 190
Columbia, MD 21046

Event Info


November 14th, 2013 1:00 PM – 8:00 PM


MD & DC Credit Union Association
8975 Guilford Road
Suite 190
Columbia, MD 21046


Phone: 443-325-0772

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