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Debra Hilton

Almost 15% of the largest credit unions in the nation lost money last year and more than 20% experienced negative loan growth. If your credit union was fortunate enough to make money or grow loans, then congratulations and condolences are in order.

You are now officially on the radar of almost 1,500 credit unions that covet your CEO. Today’s environment suggests that boards need to formally evaluate their CEOs’ performance, and update salary, incentive and retirement plans to keep their top talent.

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