Let’s celebrate excellence.
The Board yesterday approved changes to the award process. The first was to remove the criteria that a credit union was not eligible for nomination if they had a staff person serving as a Director. If that is the case, the Director will now declare a conflict of interest and will excuse them self from discussion of nominees and the selection of a winner. The second change was to move away from a process focused on numbers and ratios to one the focuses on impact in your communities.
The intent has been to use ratios to try and level the playing field between large, medium and smaller sized credit unions. We feel with these changes, nominees have a better opportunity to “tell their story” of the impact their organization and their staff are making.
Nomination deadline for Outstanding Corporate Achievement Award is April 15th. If you have any questions, please call Clayton or Devon.