CUDIC

FIA / CUIA - Empowering CUDIC - Beyond FICOM's Shadow

FIA / CUIA - Empowering CUDIC - Beyond FICOM's Shadow

CUDIC has outgrown legacy legislation and FICOM’s shadow. CUDIC is responsible for deposit insurance of a C$77 billion industry that is used by almost half of British Columbians. Larger than most Canadian credit unions then it warrants full-time, permanent executive leadership. Larger than most B.C. Crown Corporations then it deserves independent, empowered and accountable governance oversight.

Credit Union Deposit Insurance Policy - 2/2 - Costs, Benefits & Regulation

Credit Union Deposit Insurance Policy - 2/2 - Costs, Benefits & Regulation

There are seemingly three policy options for deposit insurance for B.C. credit unions - Maintain unlimited coverage, Reintroduce limited coverage, Seek provincial alignment. There does not appear a right or wrong policy. But there are policy choices and resultant implications for the B.C. credit union system.

System-Level Leadership Vacancies - 1/3 - Empty Seats

System-Level Leadership Vacancies - 1/3 - Empty Seats

There is currently a void of permanent leaders at system-level organizations that impact B.C. credit unions. All leaders of credit union centrals and relevant provincial government entities are currently appointed on an interim, acting or retiring basis. Unquestionably improbable but such are circumstances. Individually each leader has system influence but collectively they wield transformative impact.