Succession Planning: It's Not Optional!

Master the New NCUA Succession Planning Rule

Whether you’re looking to comply with the recent NCUA ruling, or just want to implement succession planning as a good business practice at your credit union, there has never been a more critical time to be doing succession planning – both for your boards and your management teams. We are in the middle of what is being called a Silver Tsunami with over 10,000 people a day reaching retirement age. Are you ready for what this and the new NCUA ruling mean for your credit union?

In this session we will talk about:

  • The reasons behind the recent NCUA ruling on succession planning.
  • The specifics regarding the requirements of the NCUA ruling.
  • Why succession planning is important.
  • Steps to creating both board and management succession plans at your Credit Union.
  • A tool to help you easily create your succession plans. 
  • Answer your questions regarding the NCUA ruling and succession planning.

Interested in learning how SUCCESSIONapp® can make the succession planning process even easier?

Board Succession Plans

Develop a Board Succession Plan that enables you to…
  • Have a board that embodies all your organization’s most critical competencies.
  • Always have qualified candidates ready and available for service on the board.
  • Have seamless transitions when director openings occur.
  • Identify your future board leaders.

High Potential Leader Programs

Create a High Potential Leader Program that will…
  • Prepare high potential leaders for the next level through development opportunities.
  • Enhance employee morale and engagement throughout your organization.
  • Create a stronger talent pipeline.
  • Provide you with an easy, step-by-step process to develop and maintain your high potential leader program.

Management Succession Plans

Easily create Management Succession Plans that ensure…
  • You have bench strength in the event of a sudden or planned departure.
  • Leaders are motivated to stay by providing planned development opportunities.
  • Leaders have critical leadership capabilities and are ready when turnover occurs.
  • You get a complete picture of your organizations bench strength.

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