Fortify Your Credit Union Exit
If you haven’t built a legacy plan, you could be missing unexpected opportunities and insight that could benefit your organization today, even before you leave. Maurice Smith, CEO of Local Government Federal Credit Union, shares the many lessons he learned from his legacy planning coaching and how he’s using his experience in his current role […]
Why Financial Planning is an Essential Executive Benefit for Credit Union Leaders
Traditional financial planning offers practical tools for rank-and-file employees; however, it simply doesn’t capture the full breadth of complex financial situations and compensation benefits a credit union executive has to manage in the C-suite. For example, beyond a standard 401(k), executives may also have a 457(b), 457(f), or split-dollar plan with different income distribution timings […]
Unlock 25% More in Assets With Personal Strategic Financial Planning
ACT Advisors is proud to release our white paper, The 125% Credit Union Executive, where we explain how financial planning is one of the least expensive benefits a credit union can provide its executives while significantly improving their financial outcomes — by as much as 25%. Executive benefits present many complexities that require personal financial […]
When to Take Strategic Risk in Your Credit Union—Your ACTion Point
As a credit union executive, should you consider your personal financial success before the direction of your credit union? Yes and no. The reality of your position challenges you to lead your organization boldly into new initiatives, technology, and markets; however, every major decision you make comes with risk. Whether it will pose a financial […]
How Credit Union CEOs Can Make Bold Moves and Balance Personal Risk—At the Same Time
When is the appropriate time to undertake your boldest or most innovative projects? As a credit union CEO, you’ve likely considered how the risk of significant organizational changes may affect your future employment, and ultimately, long-term finances. These risks may arise from financial strain on your credit union or political challenges among your board. We’re […]
