CUCollaborate Webinar to Present Findings on CU Board Composition, CU Performance
WASHINGTON—CUCollaborate said it will host a free webinar Sept. 13 to present the findings from research on credit union board composition and its impact on institutional performance.
The project was sponsored by Jill Nowacki, president and CEO of Humanidei, and carried out by CUCollaborate Chief Economist Luis Dopico and Analyst Moriah Taylor.
The event, which will run from 2–3 p.m. ET, will coincide with the publication of the report itself, which is titled “Credit Union Boards of Directors: Board Size, Gender, Race, and Institutional Performance, 2012–2021.”
The webinar will be delivered via Microsoft Teams and will feature the report’s authors presenting their findings before taking questions from the audience, the company said.
“Specifically, the research quantifies the current state and recent evolution of credit union boards of directors in terms of size, women’s representation, and minority representation,” CUCollaborate stated. “Further explored are the links between board composition and several key measures of member-centric and financial institutional performance including, for instance, loan delinquency, which is interpreted as a measure of credit inclusion, asset growth, ROA, and capital ratios.”
‘Social & Financial Goals’
Nowacki said her firm partnered with CUCollaborate to support the research into diversity on credit union boards in an effort to measure the current state of board diversity and to identify opportunities for improvement “as credit unions continue to live their mission while meeting social and financial goals.
“This research is critical in helping to identify the impact of board diversity on credit unions’ ability to effectively serve the needs of their whole communities,” she said.
Nowacki added the project’s goal was to understand if credit union boards are still working as they were initially intended to and, in particular, “Do the boards of directors at credit unions today represent the diverse memberships served by those credit unions? Are credit unions with diverse representation that reflects their membership delivering strong financial performance, relevant products and services, and staying competitive in a fast-changing marketplace?”
Register for the webinar here.
The Very Best in CU Reporting. For You. For Free. Or Your Money Back.
Don’t forget to check your Spam/Junk email folder if you haven’t been receiving your free, popular and daily CUToday.info news headlines.
And if you haven’t yet signed up for the new email solution on which CUToday.info has partnered with ResponseGenius, you can do so here. Signing up requires less than one minute of your time.
CUToday.info has received very positive response from readers following the move to an improved provider of the daily headlines, but many also noted they did need to go to their Spam/Junk folder and mark it as safe.
The new email solution has not only improved every reader’s delivery experience, but it also features a fresh, new format that is easy to read, especially on mobile devices.
Please note and/or make your IT department or email administrator aware the emails will be coming from the domains CUTodayinfo.com and CUTodayinfoReply.com.