Compensation
Compensation
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A quartet of officers move to the C suite with recent promotions and other CU professionals in the news.
January 31 -
The $1.3 billion CU rewarded members for using their A+ FCU debit card, as well as interest rate discounts on loans and higher rates on certificates.
January 31 -
The $1.2 billion CU has returned more than $80 million to members over the last 36 years that it has been issuing annual bonuses to its membership.
January 31 -
For the first time, the chairmen of the American Bankers Association and the Independent Community Bankers of America are women, marking an important milestone for the industry.
January 30 -
DeVan Ard will succeed William DeBerry when DeBerry retires in June.
January 30 -
Webster Financial was unable to hit its loan and deposit goals in Boston last year as it prioritized relationship building over cut-rate pricing.
January 27 -
United FCU promotes a quartet of officers and other new hires, promotions and special recognition for CU professionals.
January 27 -
Wall Street women on what the Women's March meant to them; UBS implementing a more female-friendly approach to wealth management; Beth Mooney outlines post-merger ambitions; and more.
January 26 -
A pair of executives earn the “chief” designation in their titles, new hires, promotions and more credit union professionals in the news.
January 26 -
Robert Cera will be responsible to bringing in more business near Milwaukee.
January 25 -
Several members of George W. Bush's second-term team are expected to get senior positions at Treasury; Gorman gets a 7% pay hike, while Goldman bonuses shrink.
January 23 -
JPMorgan Chase increased Chief Executive Jamie Dimon’s compensation by 3.7% for last year as the bank’s stock advanced 31%.
January 19 -
Veteran CEO will step down after 20 years with the $217.9 million CU, 13 of them as CEO.
January 19 -
From preparing Generations X and Y to replace baby boomers in leadership positions and enticing more demanding millennials to finding compliance talent and integrating divergent staffs post-merger, HR executives cited a variety of issues they expect to be tackling this year.
January 18 -
The Obama administration took two last-minute swipes at JPMorgan Chase, accusing the lender in separate lawsuits of discriminating against minorities in home lending and against its own female employees by paying them less than their male counterparts.
January 18 -
The embattled company's new incentive pay plan appears to resemble those used by other banks, which suggests that regulators are unlikely to demand big changes throughout the sector.
January 17 -
Wells Fargo to introduce new pay plan; banks borrowing increases; banks transforming brokers
January 9 -
Wells Fargo's retail-banking chief will unveil the bank's new compensation plan next week.
January 6 -
The focus of banks' sales practices should be less about unit-based incentives, and more about developing a full relationship with customers and doing what's in their best interest.
December 12 -
Post-crisis regulations were not only costly but may have undermined executive accountability by turning CEOs into compliance managers instead of drivers of business decisions.
November 30















