Now the US Congress is weighing in on credit union boards and Chris Otey, an executive with CU 2.0 but importantly for this podcast, board chair at South Bay Credit Union in California, tells what he likes about the H. R. 6889, the Credit Union Board Modernization Act, which now has been voted out of committee and will come up for a vote in the full House.
The bill has bipartisan support in both the House and Senate.
CUNA has indicated support. Ditto NAFCU.
What would it do? It's narrowly focused legislation that would allow most credit union boards to meet six times annually rather than the currently mandated twelve.
That's it.
But Otey is plain that as board chair he thinks this would be a very good move. He tells why in the podcast.
Remember to tell your member of Congress and US Senators how you feel about H.R. 6889.
And, by the way, this podcast is a coming home for Otey. He was the guest in the first podcast - click here to listen. It's not exactly as big a landmark as the first Rolling Stones album but, for credit union geeks, it may rate right up there.
Listen up.
Now the US Congress is weighing in on credit union boards and Chris Otey, an executive with CU 2.0 but importantly for this podcast, board chair at South Bay Credit Union in California, tells what he likes about the H. R. 6889, the Credit Union Board Modernization Act, which now has been voted out of committee and will come up for a vote in the full House.
The bill has bipartisan support in both the House and Senate.
CUNA has indicated support. Ditto NAFCU.
What would it do? It's narrowly focused legislation that would allow most credit union boards to meet six times annually rather than the currently mandated twelve.
That's it.
But Otey is plain that as board chair he thinks this would be a very good move. He tells why in the podcast.
Remember to tell your member of Congress and US Senators how you feel about H.R. 6889.
And, by the way, this podcast is a coming home for Otey. He was the guest in the first podcast - click here to listen. It's not exactly as big a landmark as the first Rolling Stones album but, for credit union geeks, it may rate right up there.
Listen up.