NCUA requires board of directors volunteers to have a working familiarity with basic finance and accounting practices. While the extent of financial literacy that volunteers must meet depends on each credit union’s complexity, there are basic concepts, definitions, and formulas every credit union volunteer and member of management should know. This CUSP Collection combines the four parts of CUSP’s Financial Literacy Series into one comprehensive booklet.
Financial Literacy: Why Now And How Much?
December 29, 2015