L E A G U E O F S O U T H E A S T E R N C R E D I T U N I O N S , I N C .
GUIDANCE FOR NEWLY ELECTED DIRECTORS The following suggestions will assist you in adapting to your position on the board: a. Study the Code of Ethics and Guidance for Newly Elected Directors established for the League of Southeastern Credit Unions, Inc. directors. This statement of policy will provide guidance on duties and responsibilities of a corporate officer. b. Acquaint yourself with the bylaws of the League of Southeastern Credit Unions, Inc. and the board policies. These define the duties of officers, directors, committee members; they establish the relationships existing between the League, chapters, districts, and member credit unions. c. You represent the League members consisting of all member credit unions in Alabama and Florida. You should be aware of the needs of your constituency when evaluating programs or voting on proposals. Therefore, you should consider all proposals and programs in light of the benefits derived for all member credit unions and not just your particular credit union. d. Because you are more familiar with the daytoday operations of the League and subsidiaries than most of the other credit unions, it is important that you be fully informed since others are likely to regard any statement you make about the League as absolute fact. e. Criticism is a completely democratic custom and can be highly constructive if presented properly, with appropriate specifics. f. The executive staff of the League can be of great help to you; they are familiar with management and operations and can offer assistance to you in your role as director. The directors should also be familiar with the organizational structure. Policy is set by the Board of Directors; the President/Chief Executive Officer has responsibility for carrying out policy, and in turn, assigns various operational responsibilities to League staff. g. When League projects and problems are discussed, be sure the discussion involves the proper people at the proper time so that you can obtain accurate information. h. All organizations have both successful and unsuccessful programs. From time to time you may have suggestions and comments about League projects and programs which you believe will improve the overall effectiveness of the League. These comments should be directed to the League President or to the Chairman of the Board, who will make the proper referrals for consideration and/or study. i. Make all your efforts constructive. The members you represent are a diverse group, and will expect you to work constructively.
Published on Sep 13, 2011