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Question about reducing number of Board Members

  • 1.  Question about reducing number of Board Members

    Posted Jul 25, 2019 02:49 PM

    Good Afternoon,

     

    Have any of your credit unions' ever investigated or actually gone through with changing your by-laws to reduce your number of board members? If you have, can you tell me why you investigated it and decided either to do it or not?

     

    Thank you,

    lp

     

    Laura L. Parham, CLE

    Chief Executive Officer

    Heritage South Community Credit Union

    763 N Main Street, P.O. Box 1219, Shelbyville TN 37162

    Direct: 931.680.1406 Fax: 931.684-9178

    NMLS ID 1077494

    "Not all readers are leaders, but all leaders are readers."  ~Harry Truman

     



  • 2.  RE: Question about reducing number of Board Members

    Posted Jul 26, 2019 06:55 AM
    We only did this due to attrition, not to remove active members.   We currently have 7 members and can add up to two associate members.

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    Brenda Hooker
    Chief Executive Officer
    Community Service CU
    Huntsville TX
    936.295.3980
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