Creating generations: A board member’s perspective of 30 years

Becoming a credit union board member at age 30 presents the opportunity to contribute to our movement while navigating leadership at a relatively young age. Credit union board directors hold significant responsibility. Young professionals, emerging leaders or just new professionals in credit unions in general bring new perspectives, innovative ideas and a new dynamic to the decision-making process. It is a unique position that combines youthful energy with a weight of responsibility.

I am honored to be in this position and grateful to be a part of the credit union where my career began. Here’s what it’s like to be a board member for 30 years.

Balancing confidence with humility

You are here for a reason. This was something I needed to remind myself of. Feelings of imposter syndrome and self-doubt can be overwhelming when you’re surrounded by people with so much experience. There is a lot to learn from these seasoned professionals and I chose to take it as an opportunity. Listening, observing and asking questions as I acclimated helped me settle into the role. But make sure you talk. You are there for a reason and your thoughts matter.

Bridging the generation gap

Credit unions recognize the value of diversity on their teams, but why not on their boards? One of the biggest advantages of being a 30-year board member is bringing new ideas to the table. As the average age of members increases, credit unions must focus on attracting and retaining younger generations. As we discuss new products and ideas, it’s essential that the member experience is at the forefront of everyone’s mind. Younger generations value ethical practices, social responsibility and expect their financial institution to meet them where they are and fit into their busy lives.

At the same time, I learned a lot from my colleagues in management. Their experience and understanding of the movement provides valuable information and I would like to think that we complement each other well. Together, we bring experience and innovation for a sustainable future.

Ensuring long-term sustainability

Being a board member in your thirties means you still have a lot to learn and I totally agree with that. I actually like this! I have always considered myself a lifelong learner. I love connecting with people in our space, continuing to learn and grow in this wonderful industry. Ensuring long-term sustainability for our industry is crucial and it all comes down to the next generation; of leaders and members.

Prioritizing initiatives that focus on growth, promote financial wellness, embrace new technologies without compromising security, and attract new members while retaining existing ones. In an era of rapid change, it’s easy to get caught up in the latest trends but focus solely on daily tasks. Ensuring that new ideas are sustainable and aligned with the credit union’s mission allows you to innovate for the future, but stay true to your core values ​​that make you recognizable.

As a board member for 30 years, I am optimistic about the future. We are surrounded by people with different backgrounds and vast knowledge who care deeply about the same thing, credit unions, members and the future of this movement.

Let’s learn from each other, stay true to our values ​​and grow together. Let’s share stories from the past and promote a healthy financial future. Let’s ensure that credit unions remain relevant, vibrant and successful for generations to come.