graph tracking executive compensaion into the future Source: Shutterstock.

One of the pandemic’s aftermaths is that it is expected to accelerate the pace of credit union mergers in 2021. CEOs are more open to discuss merger options than in past years, and COVID-19 is a main driver for several reasons including declines in capital, according to David Ritter of ALM First, a managing director of the Dallas-based financial advisory services firm.

But what may not be on the radar of credit union executives is how their deferred compensation arrangements, executive bonus plans and split dollar retirement benefit agreements may be impacted by a consolidation, according to a report by Triscend, which provides executive benefit, compensation and succession planning services for credit unions.

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

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

  • Critical 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 and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Peter Strozniak


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 and

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

Copyright © 2023 ALM Global, LLC. All Rights Reserved.