Hank Hubbard’s Post

SYL SPOTLIGHT: Chelsea Brock Tell us about you and your Credit Union journey. How did you get to where you are now? I started my journey as a casual MSR and very quickly moved into a full time MSR. Due to my eagerness for knowledge and growth, I pushed to work towards the Deposit Supervisor Role which I currently hold. I love what the credit union stands for and how involved in the communities we are. Why did you join SYL? The main push for me to join SYL came from my co worker Kirstin. She was recently on the committee and watching her growth in leadership during her 3 years on the committee made me very excited to apply and join! I hope to expand my leadership skills and gain new friends/mentors along the way. If money, time, and other people’s opinions didn’t matter, what would you be doing? Helping people. Whether that’s from a beach in Mexico or the streets of Alameda, my purpose in life is to make a difference in people’s lives. What is the best piece of advice you have ever received? If you want something….. Ask for it! Favorite book you ever read? The first book that comes to mind is Beautiful Joe - it’s a classic about a dog that had a very rough start but persevered and ended with a happy life. What topic could you give a 20-minute presentation on without any preparation? The benefits and rewards of coaching kids. I have coached many teams over the years and there is so much to learn and understand about kids and how to motivate them and build their confidence or sometimes to just leave them be for a minute to figure things out. What do you wish someone taught you a long time ago? I wish I would have learned a long time ago to not worry what other people think. I have always hesitated to stand out because of this. I am slowly overcoming this obstacle now. What motivates you? SUCCESS! Also making a difference both professionally and personally. What does the word Leadership mean to you? Leadership is earned through positive influence. A strong leader, in my mind, is trustworthy and dependable. Someone who builds people up. Who can have difficult discussions without being condescending. A leader is someone who has the ability to promote leadership in others. #SYL2024 #YoungLeaders #SKCreditUnions #TheCreditUnionDifference #Leadership

With a focus on ESG within the credit union movement worldwide, it is great to see the DE Program sharing the importance of the SDG's.

New Content Opportunity for Credit Unions > https://bit.ly/4euXRH3 #DDJMyers and NAFCU Services Corporation present "Blind Spots in the Boardroom" article written by Peter Myers, SVP | DDJ Myers. Read this thought provoking article to gain a deeper understanding of how the most memorable outcomes can be when long-held and unchallenged assumptions become apparent, the absence of institutional or team competencies is revealed, or the time is taken to face the unaddressed strategic or cultural variables that have impeded progress. Feel free to reach out to Peter for more information on the subject. #CUBoards #CreditUnion #Leadership #CEO #CEOSuccession

Now, take a moment for some honesty, both with us and yourself. Where did you find yourself on our scale? 🤔 We get it. The instinct is often to leap straight to the “what can we do right now?” However, it's often crucial to take a step back and assess: Why are things not as good as they could be? 👉 The answer often lies within your own mission and vision. Let’s face it: Credit union mission and vision statements can be quite dry, typically shelved and forgotten until the next annual strategic planning session rolls around.😴 For a credit union to flourish in today’s environment, a deliberate effort to refine and articulate a clear mission and vision is crucial. This clarity is not just administrative—it's a magnet for passionate employees, a beacon for fresh board talent, and a call to action for new members. Investing the time to craft a mission and vision statement that truly speaks to your community is not just beneficial; it’s essential. If your credit union is ready to lower turnover rates and fully engage with your team, let’s move forward together: https://loom.ly/RQ6qJ1I #CreditUnionMission #StrategicVision #CreditUnionCulture #EmployeeEngagement #CommunityBanking #Leadership #StrategicPlanning

Big news coming from the NCUA! Let SuccessionNow help you make this transition easy!

NatWest makes headlines with the appointment of Paul Thwaite as CEO amidst a transformative leadership overhaul. Stepping into the role from his interim position, Thwaite's extensive experience in commercial and institutional banking positions him as a strategic leader for the bank's future. With economic challenges on the horizon and plans for a public share sale underway, Thwaite's leadership promises stability and innovation. Follow NatWest's journey under Thwaite's guidance for the latest updates! #NatWest #CEO #Leadership #NatWestCEO #LeadershipOverhaul #PaulThwaite #BankingNews #FinancialLeadership #CEOAnnouncement #NatWestUpdate #BankingIndustry #CorporateLeadership #CEOAppointment

Honestly, for anyone engaged in financial co-operatives (credit unions and the organizations that support them), this program is a fabulous network and knowledge building week. The post below highlights bursaries for younger leaders, but the program is for all ages and stages in one's career. This is the type of immersion experience like few others that I've experienced. One week in Halifax could turn into much more...... building relationships with others across the country and around the world; opening up opportunities for international experiences and an international designation (if you so choose). And, of course, it will make you a better, smarter leader.

NEW: Succession Program for Small Credit Unions The #CANVLeagues and Humanidei are excited to introduce a new Small Credit Union CEO Succession program exclusively for credit unions under $234 million in assets. This program aims to develop a cohort of highly prepared executives, ready to step into CEO and other leadership roles during transitions. Learn more and register here >>> https://buff.ly/4bELiaa #CaliforniaCreditUnions #NevadaCreditUnions #California #Nevada #succession

In addition to our established SERP practices, PARC Street Partners has pioneered unique options tailored specifically for credit unions, focusing on retaining your most vital asset - leadership talent. These innovative solutions are designed with a dual purpose: to maintain liquidity and to ensure that our investments in our leaders are both prudent and profitable. Our approach allows credit unions to offer competitive benefits that are crucial for the retention of top executives, while also managing the financial implications of these long-term commitments. We've structured our SERPs to provide the credit union with a fair market interest rate return on these investments, balancing the need to reward your leaders with the necessity of safeguarding the credit union's financial health. Through these strategies, PARC Street Partners reinforces the value of your executives, acknowledging their pivotal role in the credit union's success, and underscores your commitment to fiscal stewardship. It's a forward-thinking alignment of executive incentives with the long-term viability and prosperity of the credit union. Contact our team at PARC Street Partners for more information

Fact or fiction: family businesses aren’t as successful as nonfamily businesses. I’m happy to say that this is a big fat MYTH! Family businesses often outperform their non-family-run counterparts. The Credit Suisse Family Governance White Paper even reports that US family businesses have 6.65% higher returns on assets than other businesses. If I had to guess why, I’d say it’s because family businesses have more genuine passion for what they do. With a deeper connection to our past and a greater commitment to our legacy, it’s no wonder why family businesses dominate the business world! #FamilyBusiness #business #leadership #commitment #success