Chief Executive Officer Evaluation Policy for Credit Unions

The Credit Union’s CEO Evaluation process not only evaluates the CEO’s annual performance, but it also importantly establishes the annual goals and directs organizational resources in support of the CEO’s professional development. At its best, a strong evaluation can reinforce the relationship and communication between the Board and the CEO. An effective CEO Evaluation should be continuous, forward-looking and clarifying. Although at times, CEO Evaluations may identify poor performance, an effective evaluation process will ultimately promote the Board’s overall approach to fulfilling the Credit Union’s mission by ensuring effective leadership.