SEATTLE — Board members need to keep a close eye on the credit unions' overall direction, but not so much that they interfere with the top executives' ability to do their jobs, former NCUA Chairman Dennis Dollar said today.
"Trust but verify," Dollar said, quoting former President Reagan's approach to the former Soviet Union. Dollar made his remarks during a presentation at NASCUS' Board of Directors College.
He also urged board members to be sure to differentiate between isolated incidents and long-term trends when making decisions about the future of their organization.
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