Valuable Takeaways for SAS CU CEOs at Executive Summit 

By Renee Werth
MCUL Vice President for Education & Events

There's nothing quite like the knowledge of first-hand experience or gaining insights from those with first-hand experience, which is what makes the MCUL & Affiliates Executive Summit such a huge draw for Michigan's credit union CEOs, particularly those from smaller credit unions.

Each year, the event kicks off with an optional afternoon golf outing, providing time for attendees to socialize and build contacts with colleagues. Later that evening, attendees gather at The Inn at Bay Harbor for a networking reception and vendor showcase.

More than 36% of attendees at the 2011 Executive Summit were from credit unions with assets of $50 million or less and 51% from credit unions of $75 million or less, which is not surprising considering participants rate the time spent interacting with their peers as one of the top reasons for attending. The summit is ideal for busy CEOs of smaller credit unions who find themselves wearing multiple hats, and thus seek insights on overseeing all aspects of operations.

The Executive Summit agenda is designed to provide CEOs information on the most relevant and timely industry trends, as well as current economic indicators and strategies from an executive-level perspective, and to bring thought-leaders and new ideas to the table.

Past attendees have shared that they appreciate hearing from their colleagues on "what credit unions are doing to solve/resolve and issues," and about "best practices to save money, grow loans and address regulations." Having the opportunity for structured dialogue with peers is always the value-added component to the Executive Summit, particularly with sessions such as "Spotlight on Genisys Credit Union" which is on this year's agenda.

The session entitled, "A Glimpse of the Future: Strategy in Transitional Times" will be delivered by strategist, consultant and author Carmen Voilleque.

With one full day of sessions, including a keynote address and an E-Scan review conducted by asset size, followed by a half day of additional training, this year's summit wraps-up prior to lunch, allowing attendees drive time that afternoon.

The Executive Summit takes place from Wednesday, Sept. 12, to Friday, Sept. 14. Those interested in joining their board members at the Fall Leadership Development Conference can then conveniently head to the Grand Traverse Resort and Spa in Acme for the event that begins that evening, Sept. 14 and runs through Sunday morning, Sept. 16.

More information about the Executive Summit and Fall Leadership Development will be sent to credit unions by mail in the coming weeks and can be found online at www.mcul.org.