MADISON, Wis.—All credit union positions have seen compensation increases over the past year, but the increases seen in a new report are smaller than those of one year earlier, according to CUES.
CUES has just released its 2019 Executive Compensation Survey Executive Summary, which provides providing into credit union salary and compensation trends across the country.
Among the other findings:
- More than 20% of CEOs were reported to have the Certified Credit Executive (CCE) designation.
- The top four factors driving CEOs bonuses were earnings, board evaluation, loan growth, and membership growth.
CUES said the report data comes from credit unions who participated in CUES Executive Compensation Survey and/or CUES Employee Salary Survey. Participation for both surveys is open annually from January 1 to March 31.
The CUES Employee Salary Survey offers “pertinent data to attract new hires, and valuable tools to ensure credit unions retain their top employees,” the organization said.
For info: cues.org.