USALLIANCE Financial · 2 hours ago
Board Member - Volunteer
USALLIANCE Financial is a not-for-profit financial institution dedicated to providing exceptional service and innovative financial products to its members. They are seeking a Board Member who will contribute to governance, leadership, and strategic direction while ensuring compliance with applicable laws and regulations. The ideal candidate will possess executive experience and a commitment to the Credit Union movement.
BankingCredit CardsFinancial Services
Responsibilities
Selection of the President/CEO, monitors and evaluates his/her performance, and compensates him/her fairly and competitively
Approves of the strategy, accepts the risks associated with the strategy, and empowers the President/CEO to execute the strategy
Review and approval of the annual financial plan to empower the President/CEO to execute the Board approved strategy
Monitoring the performance and results of the credit union
Monitoring the Board’s own effectiveness and assuring that its own members are qualified to serve and contribute to the credit union’s success
Actively engage, contribute, participate and ask questions
Keep informed, prepare for and attend Board meetings
Regularly monitor financial safety and soundness
Participate in Board development and educational activities
Support the Credit Union’s external efforts and activities
Be an advocate, promoting the mission and benefits of the Credit Union
Qualification
Required
Time and enthusiasm for the Credit Union and for the Credit Union movement
Executive and leadership experience
Varying professional and personal experiences, and skills
Membership of, and willingness to use, personal and professional networks for the benefit of the Credit Union and its members