CUNA's Top Eight Execs Paid Total Of $2.27 Million
WASHINGTON, D.C.-CUNA said it's executive officers received average pay raises in 2001 of 5.38%, according to documents obtained by The Credit Union Journal.
At the top of the list was President and CEO Dan Mica who earned a total of $689,643 last year, including $681,143 in salary and $8,500 in retirement contributions, representing an 8.6% increase in total compensation from 2000. In comparison, Fred Becker, president of NAFCU earned a total of $236,331 last year.
Next highest paid at CUNA was Executive Vice President Pete Crear, who earned a total of $293,262 (up 5.5%); EVP and Chief of Staff Richard McBride, $266,935 (up 6.7%); Eric Richard, general counsel, $259,888 (up 2.8%); Bill Hampel, chief economist, $217,660 (up 7.2%); Mary Wolfenberger, chief financial officer, $186,690 (up 4.4%); Susan Newton, liaison to the state leagues, $182,641 (up 9.2%); and John McKechnie, promoted to chef lobbyist last year, $174,159.
Funds Being Collected For Postal CU Hit By Anthrax
DEL MAR, Calif.-The National Council of Postal Credit Unions said its members and others have raised $63,916.95 toward helping Washington Postal Employees FCU defray expenses incurred when it was forced out of its offices in the Brentwood, Md. Mail Facility after anthrax was discovered.
Two postal employees who were also members died in those attacks.
The credit union moved to another credit union, only to be asked to leave over ongoing anthrax fears. It has since relocated again. According to NCPCU President Sidney Parfait, the goal is to raise $100,000 to help the CU cover the uninsured expenses.
Donations can be sent to NCPCU Relief Fund, P.O. Box 160, Del mar, Calif. 92014-1060.