Washington DFI Issues Bulletin on Unexcused Board Absences

A board member who misses more than one-fourth of the regular board meetings in any 12-month period without being excused by the board must be disqualified from serving, DFI says. Also in today’s Anthem: Legal Briefs, and the Question of the Week: “Is there a legal requirement to contact Adult Protective Services if a credit union has reason to believe that an elderly member may be a victim of abuse (financial, neglect, etc.)?”