Thank you for sharing!

Your article was successfully shared with the contacts you provided.

E.H. “Pete” Weldon knows that in credit unions, as in life, you get what you pay for. Never is the phrase truer than when filling the position of president/CEO.

As chair of the $209 million 1st Community Federal Credit Union in San Angelo, Texas, Weldon said he worked very hard to make sure when Bill Nikolauk was promoted to take the helm of the financial institution in 1996 that his compensation was raised accordingly.

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

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.