What the industry won't tell you
The only book written for board members at small credit unions.
Written by a longtime small-credit-union CEO and founder of the Endangered Small Credit Union Defense (ESCUD), this practical, no-nonsense handbook delivers clear guidance the industry won’t give you—how to determine whether your CEO is truly performing, how to avoid unnecessary or predatory mergers that threaten your local institution, and how to keep your credit union healthy, independent, and true to its mission of serving people of modest means.
Using memorable “Board Commandments,” candid real-world stories, and straightforward explanations, this reference-style guide covers your three core responsibilities: managing the CEO, reviewing the financials, and representing the members. You’ll learn how to:
Decipher CAMELS ratings and exam findings so you can spot problems early
Evaluate CEO performance without micro-managing
Navigate hiring, firing, and rewarding your CEO with confidence
Run short, productive board meetings that respect volunteers’ time
Understand key financial ratios and avoid common pitfalls like conflicts of interest
Protect your credit union from mergers that don’t serve members or the community
This book satisfies director education requirements and is the perfect companion to Wadsworth’s “Keep It Simple, CEO.” Whether you’re new to the board or a seasoned volunteer, The Board Member Bible helps you lead with confidence and make a meaningful difference—without the overwhelm or corporate complexity.