Director Series: Fundamental Board Duties & Responsibilities, Regulatory Requirements & Liability

Presenter: Tim Harrington, CPA, TEAM Resources
Date: Thursday, June 21, 2012
Time: 2:00 - 3:30 pm Central

Focus:
Being elected a director of your credit union is an honor, but it is not honorary.  You have real responsibilities and real liabilities.  This course provides an in-depth look at the obligations of the board, including key federal regulations that impact you.  A board member’s duties can seem overwhelming and far reaching, but this webinar will illuminate the fundamental duties of a board and the best ways to discharge them.  It will cover functions that boards often become involved in that have little benefit – or cause a negative impact – for the credit union, and how to focus on those issues that will be the most beneficial.  You will also learn what very effective boards do to make the most productive use of their time and guide their credit union to become the best for the membership.

What You Will Learn

  • General duties of a director
  • Understanding your potential liabilities
  • The two main functions of a board
  • What the regulations say about directors and boards

Who Should Sign Up?
This informative session is designed for new and experienced directors, supervisory committee members, board advisors, CEOs and other senior staff.

About the Presenter:
Tim Harrington is a Certified Public Accountant.  Since 1992, he has taught lending personnel how to obtain monthly income from tax returns.  Since 1996, Tim has been President of TEAM Resources, a firm which provides consulting, strategic planning, and training from coast-to-coast. 

As a faculty member of two CUNA schools on finance and tax, Tim has consulted with, and provided training for, hundreds of financial institutions.  In addition, he is the author of the popular lending software “Lenders Tax Analyzer.”

In This Section