Board Member Job Description Template for Credit Unions

The Board is the Credit Union’s ultimate legal authority within its governance structure, but it can only act through majority consensus of its individual Board members who are charged with making decisions in the best interests of the Credit Union and its Members. 
 
The Credit Union’s Board members are expected to uphold the highest duty under the law, that of a fiduciary. Through individual adherence to the role and responsibilities outlined in this Policy, Board members help to foster a highly effective Board and a well-governed credit union.