Monthly Archives: July 2012

Conflict of Interest

Numerous blogs, articles and books have been written about conflicts of interest. Numerous workshops, seminars and webinars have also been presented on the subject. Yet, hardly a week goes by without the media identifying where an individual or individual’s handling … Continue reading

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CODE OF ETHICS

Most associations, credit unions and non-profits have a formally written and adopted code of ethics (sometimes referred to as a code or standard of conduct) that all directors, staff and volunteers have signed to signify that they have read the … Continue reading

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FAITHFUL PERFORMANCE OF DUTIES – PART 2

In my last post I outlined a scenario of a credit union board of directors and the actions that they took in regards to a merger. In this post I am outlining how I would have approached the situation if … Continue reading

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FAITHFUL PERFORMANCE OF DUTIES

Credit union boards of directors are normally protected from charges that they did not perform their duties on behalf of the membership in a faithful manner by following the prudent person doctrine. This means that given the same set of … Continue reading

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