MADISON, Wis. -- The search for a credit union CEO replacementbegins at home, so to speak, for small credit unions.

According to the 2008-2009 Small Credit Union Staff SalarySurvey, published by CUNA's Center for Research and Advice, 48% ofcredit unions with $1 million to $35 million in assets giveinternal applicants first preference. An additional 40% of smallcredit unions post the job externally and internally at the sametime, while only 9% give external applicants first preference.

Credit unions overall are about evenly split between givinginternal applicants first preference and posting the job externallyand internally at the same time.

"At a time when more and more companies are looking externallyto replace their CEO, small credit unions may have an edge inrecruiting candidates who are looking to eventually advance intoleadership roles," said Beth Soltis, senior research analyst forCUNA's Center for Research and Advice.

In addition to base salaries and ranges, the report details theaverage incentives, bonuses, total cash compensation and jobdescriptions for the 24 full-time positions most commonly found insmall credit unions along with hourly wage and variable pay datafor eight part-time positions.

CUNA's 2008-2009 Small Credit Union Staff Salary Survey sells tocredit unions for $89. For more information, visit advice.cuna.organd type stock number 28107P in the search box.

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