Compensation
Compensation
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The nation's oldest credit union celebrates longevity of its staff and other credit union professionals in the news.
March 29 -
Young professionals have a reputation in banking for hopping from job to job. So what exactly are they looking for? The same things as older peers: solid benefits and better pay, according to recent surveys.
March 28 -
Financial institutions of all sizes are overhauling benefits policies and promoting work-life balance to better compete for millennial recruits with the hipper tech sector. The big changes include longer periods of paid time off for new parents.
March 27 -
The more vocal millennial generation is pushing companies like Bank of America to redefine diversity in the workplace to include more freedom of expression.
March 24 -
More than half of all credit union CEOs – and 70 percent of total employees – are women, but those numbers are misleading, since the majority of female CEO slots are only at smaller institutions. So what will it take for that to change?
March 24 -
BMO recently won a diversity award for reaching its goal of having women in 40% of senior management jobs, and CEO Bill Downe argues equal treatment of employees will carry over to fair treatment of customers and create long-term profits for shareholders.
March 23 -
New hires, promotions, board elections and more credit union officials in the news.
March 23 -
B of A's Cathy Bessant and Michelle Moore have a few suggestions for women who want to advance and RBC's Janice Fukakusa sets a new pay benchmark for female executives. Plus, Bank of the West's Nandita Bakhshi and Citi's Yolande Piazza.
March 23 -
So-called performance-share units are pushing aside stock options as the preferred long-term incentive pay for bank executives. Many investors and regulators fear that options can encourage reckless conduct and have other shortcomings, though options still have supporters.
March 21 -
CU is rewarding members for activity in savings, loans and active products.
March 20 -
Banks like TD and U.S. Bancorp are suddenly taking public shots from current and former employees critical of their sales practices, a sign that the industry has not put behind it the questions raised months ago by the phony-accounts scandal at Wells.
March 17 -
Bay Street's highest-paid female banker set a new benchmark for women executives in the banking industry — though their ranks among the top wage earners remain thin.
March 17 -
Pennsylvania league honors CEO with award and other credit union professionals in the news.
March 17 -
Financial advisers accused of misconduct are treated very differently depending on their gender, with women far more likely to get fired. Plus, what happens when a guy switches email signatures with his female coworker?
March 16 -
The auditing giant has faced heavy criticism for failing to uncover wrongdoing at Wells. But the San Francisco megabank said Wednesday that it wants to maintain a relationship that goes back decades.
March 15 -
A new study finds that, when it comes to truly celebrating women, Wall Street still has a long way to go.
March 15 -
A quartet of credit union professionals are one step closer to the top job following promotions to C-level decision-makers.
March 14 -
A database that identifies wrongdoers could prevent banks from making bad hiring decisions, but can it ensure that former employees' rights are adequately protected?
March 10 -
Oregon State CU promotes a pair of branch managers, WESTconsin hires SVP of retail operations and more CU officials in the news.
March 10 -
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.
March 10






















