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Volunteer Education & Development Program Policy for Credit Unions

Volunteer Education & Development Program Policy for Credit Unions

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Volunteer education and development is an important credit union imperative. The Credit Union’s Volunteers are essential to effective governance, and they must be well informed and up to date on governance and industry best practices, any regulatory guidelines and fiduciary obligations.

This Policy outlines a tiered approach for the Credit Union’s Volunteers, beginning with 1) an initial Onboarding Program for new Volunteers; 2) assignment of a Mentor as a component of the Onboarding Program; and 3) a Continuing Education Program that encourages Volunteers to obtain additional educational opportunities. The Credit Union provides Volunteers with the support, funding and access to a broad array of relevant learning opportunities for professional development, as well as institutional and industry knowledge across all three of the above tiers. Note that this Policy does not apply to degreed programs.

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