Despite increases, credit union CEO salaries lag behind banks and haven't kept pace with increased job demands.
It's important that boards keep informed about compensation trends to remain competitive.
When credit union trade associations are brought up in a conversation, CUNA and NAFCU are often the first ones that comes to mind. But there are plenty of smaller niche groups making people sit up and take notice.
Specialized credit union groups have small memberships, big intentions. Here's a look at five.
People and promotions.
At the close of 2011’s second quarter, a handful of credit unions located in the sand states, where a teetering economy has made it most difficult for financial institutions to thrive, shared hopeful bits of news: net worth ratio improvements, net income increases, loan loss reductions and operating expense cutbacks.
This article will be among the news, features, analysis and insight filling the pages of the next print edition of Credit Union Times.
The latest CUES Executive Compensation Survey indicates an upswing in CU executive pay this year. And as credit union board chairmen and one compensation consulting firm explain, the compensation determination process has become more complex and varies from credit union to credit union.
Given the fast pace in which the world changes, never has the need for continuing credit union board education been greater.
Stuart Levine, chairman and CEO of Stuart Levine & Associates, joined Credit Union Times ON AIR to talk about the reality of the NCUA's new regulation and how it will impact federal credit unions.