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On today’s show is Paul Dionne, chief strategy officer at Quantum Governance, L3C.

What’s an L3C? Good question: It’s a low profit limited liability company and, in the case of Quantum Governance, that means it “help[s] nonprofits, credit unions, associations and foundations realize the full potential of their missions.”

The company’s work with credit unions revolves around governance - especially issues involving the board and organizational leadership - and strategic planning.

That’s why a key focus of this discussion is a credit union board’s fiduciary responsibility especially in the case of a merger. When a merger is on the table, a board member’s responsibility is to make decisions that are in the best interest of the membership, said Dionne.

What’s that mean? How can a board member go off course?

In the show Dionne, who worked at Filene before joining Quantum Governance, tells the good, the bad and the ugly.

Listen up.

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