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LinkedIn Poll on Leadership Age at Credit Unions Draws Reaction

With all the talk about recruiting top young talent, our curiosity got the best of us with our last LinkedIn poll which asked: What percentage of your senior management team is 49 years old or younger?

The completely unscientific poll found that 47% of the respondents said a quarter of their senior management team were under 49 years old. Some 23% said young professionals made up half their senior management team and only 5% said their entire senior management team was under the age of 49.

Roy MacKinnon, vice president of marketing at the $985 million First Entertainment Credit Union in Hollywood, Calif., thought the poll was interesting but we might have missed the mark.

“Interesting poll but why would this be important in and of itself? Now if you correlated this poll to the success or lack thereof of the institution, there perhaps the results might be meaningful, but on their own I don't see that it makes any difference,” said MacKinnon.

Again the poll had more to do with curiosity as far as looking at how many young credit union professionals are part of the decision-making process.

“We’re not trying to draw any correlation but that would be interesting to look at,” said Sarah Snell Cooke, editor-in-chief/publisher of Credit Union Times. “Still, a young professional could be the best branch manager/marketing specialist/lending officer ever and the credit union could still be failing.”

Join the Credit Union Times LinkedIn group and get in on the discussions. Our latest poll is out. This time we want to know:

Will the number of branches operated by your credit union increase or decrease in the next 10 years?

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