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Congratulations, your board
has been progressive at delegating operational authority to
management. Do you know that if your documentation for those
authorities is inadequate, and standards for
reviews of CEO performance are inadequate, there's work for
you to do Documented delegations are diligent and permitted. I've even seen it written, it
is "illegal" for the board to delegate without putting it in
writing.
An organized
board makes policies guiding its own work too. For example,
-
elections
- director position descriptions
- performance expectations
- code of ethics
- code of conduct
- continuing education
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If you are starting from 'scratch,' where should you begin? How do you
organize all the individual policies you have adopted over time and often in
response to "the regulator's concern du jure." There are hundreds of
hours of work ahead, and
perhaps months before you see it completed. You can save hundreds of hours
of director and staff work in the time it takes to draft policies
using my model manual. The opportunity cost of writing your own manual from
scratch would range from $11,000 to $16,000, or more. With the model, you
not only save time and money, you also ...
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Avoid the complex task of
combing through the patchwork
of your policy documents created over the years, and
pulling them together in a cohesive whole.
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Have confidence that you
will cover all the areas you need to
cover.
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Benefit from the author's
experiences and research to include policies to deal with experiences
you have not yet endured.
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Assure compliance with
applicable statutes and regulations.
The 13th Edition is the ultimate
governance model for credit unions in the 21st Century.
The structure is
in two parts:
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Part I is the Board's process policies, rules and procedures for
directors and the Board including position descriptions, performance
standards and rules of order. Click here to see the table of contents.
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Part II consists of delegated authority from the Board to CEO, ends
policies and CEO limitations ... all the guidance the CEO needs from the Board to
design and lead the journey. View the table of contents.
In this part, the board defines "Operating Policies" including Personnel
(or Human Resources), products and services, pricing, loss prevention
and recovery, and more, and establishes the CEO's authority over them,
with reporting and performance standards attached.
More concise than ever ...
Now the 13th edition is more concise than ever at only 59 pages; you're
not buying pages--you are buying wisdom and experience, well crafted and
understandable text, and peace of mind.
The way policies ought to be written ...
Well
constructed statements provide guidance with with room for interpretation,
under a reporting and
accountability structure, the way policies ought to be written.
This manual is the centerpiece of good governance, just
what credit unions need. I have been updating this
manual since I wrote the original in1982. That original
version was adopted by my first policy client, a state
chartered CU, and the Federal credit union where I served on
the board. I based the
structure and policies on my professional credit union
experience that began in 1971, and that includes positions
of regulator, director, CEO and consultant. It was also supplied
by the Ohio Credit Union League to hundreds of attendees in
several seminars held
in the early 1980s. It has been in demand ever since.
Here's what you find in the current manual:
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The influences of John Carver's governance
approach, best practices among credit unions, and research findings from the
Filene Research Institute.
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Provisions that focus the Board and individual directors
on governing rather than
managing or worse, micro-managing.
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Structure and philosophy that do more to raise your
level of governance than any other model in
the credit union market place.
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Relevant, advanced and complete; review
the table of contents.
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If you already have another
model of credit union governance policies from another source, trade
it in to me, and
I'll pay you $35 for it! |
Order my model manual today and begin customizing it to fit your credit union.
I'll send you the Data CD in the mail with the editable Microsoft Word file and a
searchable PDF version for reference.
GUARANTEE; My model is
compliant with existing laws and regulations. If an auditor or examiner
finds it otherwise, and I can not convince them otherwise during their
visit, I will write the
corrective policy language, and pay you $100 for your trouble.
I stand behind this work, and so
do thousands of users.
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