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Lack of Board Diversity May Hinder Growth, Study Finds

A visitor sitting in on a typical credit union board meeting is likely to see 61-year-old white males who have served for more than a decade and are planning to continue their service for many years to come.

By Michelle A. Samaad | Updated on March 04, 2012

A visitor sitting in on a typical credit union board meeting is likely to see 61-year-old white males who have served for more than a decade and are planning to continue their service for many years to come.

It may be the standard makeup of most boards, but it’s not the dream scenario if credit unions want to remain competitive, according to a new white paper from the CUNA Community Credit Union Committee. 

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