WASHINGTON-If consistency is a key to success, credit unions have it. Almost half of credit union boards are composed of nine members, according to NAFCU's November Flash Report. Another 34% have seven and 6% have 11 board members. The Flash also found that 6% of credit union boards have five board members and just 4% have more than 11 members. Only 1% of respondents said that they planned to adjust the number of board members at their credit union in the coming year.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.