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CUNA President/CEO Bill Cheney earned $1.34 million in 2012, according to the organization’s 990 tax forms released Aug. 15. His $732,021 base salary and $183,005 in incentive pay represent a 2.2% pay increase compared to 2011. Cheney also received $169,640 in retirement and other deferred compensation and $234,857 in other reportable compensation, typically company retirement contributions. He also received $18,117 in nontaxable benefits.

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