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[quote=Anonymous]Board members don't get compensated at credit unions. It's in the Federal Credit Union Act (section 12 USC 1760(c)) It states: [quote](c) Compensation.—No member of the board or of any other committee shall, as such, be compensated, except that reasonable health, accident, similar insurance protection, and the reimbursement of reasonable expenses incurred in the execution of the duties of the position shall not be considered compensation[/quote] So, yeah, you're not going to get your $200 k or really, anything for the position. [/quote]
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