THE WOODLANDS, Texas - (08/24/05) From Spring 2004 to Spring 2005, mediansalaries for staff level credit union employees climbed 3.5% whilethose of executives increased 3.6%, according to the D. HiltonAssociates 2005 Summer Staff and Executive CompensationSurveys. In addition, D. Hilton said variable pay in credit unioncompensation programs continued to increase in importance,supporting the pay-for-performance models many CUs now choose. Atthe staff level, 63% of the jobs covered by the DHA surveys are noweligible for variable pay, up from 52% a year ago, D .Hilton found.On the executive side, non-base salary components now comprise morethan 50% of total compensation.
-
A team of ex-First Republic private bankers hopes to serve entrepreneurs who once worked with Silicon Valley Bank.
6h ago -
The National Credit Union Administration, operating with just one board member, has liquidated two credit unions that were recently put into conservatorship. The failures are the first credit union failures since Democrats on the board were fired, leaving Republican Chair Kyle Hauptman.
7h ago -
In a joint letter signed by over 50 bank trade groups, leaders in the banking industry urged regulators to revise bank regulatory thresholds upward to keep up with inflation.
8h ago - Yahoo Finance Feed
Dime Community Bancshares, which has added dozens of bankers over the past two years, is now ready to consider expanding its geography.
9h ago -
The conviction of a fraud ring mastermind highlights growing risks in home equity lines of credit as equity-rich borrowers become prime targets.
9h ago -
The Senate passed President Trump's tax and spending bill Tuesday, but questions around Consumer Financial Protection Bureau funding, 1071 delay and remittance taxes remain as GOP leaders scramble to pass the bill out of the House before Trump's July 4 deadline.
9h ago