Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Compensation trends chart Compensation trends. Source: CUES

After years of steady increases in CEO base salaries and bonuses, credit unions of all asset sizes have slightly pumped the brakes on wages and bonuses for their top executives because of uncertainties in the U.S. economy, according to CUES’ Executive Compensation Study for 2019.

Among the deferred compensation plans used to retain executive talent, however, credit unions will have more certainty in avoiding paying the new 21% excise tax on executive compensation thanks to recent regulation changes, Andy Roquet, a senior executive benefits specialist for CUNA Mutual Group, reported.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Peter Strozniak

Dig Deeper


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2022 ALM Global, LLC. All Rights Reserved.