Compensation
Compensation
-
CU executives are taking the reins at one corporate credit union, plus more news of new hires, promotions and accolades at CUs across the country.
July 10 -
CEO base salary was up by 7.5 percent from 2017 to 2018, CUES reported, while COOs saw compensation rise by more than 9 percent.
July 10 -
Mayor Eric Garcetti signed an ordinance Monday that establishes new requirements for banks that want to do business with the city. The rules are thought to be the first of their kind nationally.
July 10 -
A tighter labor market and declining demand for compliance employees are expected to slow down hiring at banks in the coming year.
July 9 -
After the Cincinnati bank started a personal assistant service for new mothers, it learned new parents needed help with budgeting, and that motivated it to team up with a Goldman Sachs firm to establish a financial wellness program for all its employees.
July 9 -
Mark Herter has been with the credit union since 1985 and will be succeeded as CEO by current president Laura Campbell.
July 6 -
Current CEO Bill Butler will retire in June 2020, at which time COO Christy O’Connell will take the helm.
July 5 -
A Chicago bank isn't afraid of taking on competitors that spend billions on technology. A state regulator is afraid of giving fintech startups too much latitude. Yet another one of our Most Powerful Women retires. Plus, blockchain's leading ladies, the fallout from a big political upset and a tool to help you stop apologizing.
July 2 -
Turnover of chief risk officers is on the rise as CEOs look to add executives whose experience goes far beyond assessing credit risk. Sometimes they are promoting from within, but often they are poaching talent from rival banks.
July 2 -
USAA reigns, Wells Fargo, well, doesn't. Here's a look at the highs and lows in this year's survey, as well as the trends that drove the results.
July 1 -
The credit union's current CEO, Paul Wagner, will retire in February 2019, and Marchese will ‘shadow’ him until then.
June 29 -
As branches evolve to become more education-oriented, banks are taking their cues from retailers, hotels and other service sectors.
June 29 -
Banc of California in Santa Ana will cut roughly 9% of its workforce as it looks to trim $15 million in expenses.
June 29 -
One CU executive gets her breakthrough moment, up-and-comers earn accolades, plus promotions and new hires across the country.
June 28 -
Former chief operations officer Anne McClure spent nearly two months as interim CEO.
June 28 -
Bank reputations are backsliding as consumers look for evidence of good corporate citizenship. But new data shows that a highly visible and vocal CEO — who talks about more than just the earnings report — can provide a major boost.
June 28 -
How has Frost Bank maintained its stellar reputation year in and year out? By emphasizing long-term relationships, never compromising on its principles to meet quarterly numbers and always striving to give customers a square deal.
June 28 -
Leadership coach Steve Gutzler offered credit unions six principles to follow that can help develop leadership qualities.
June 27 -
The Democratic congresswoman said the department under Secretary Ben Carson has turned "its back on its mission."
June 27 -
Online retailer Zappos made its name as a website for buying shoes, but today it is known just as much for its focus on service and culture as it is for what it sells.
June 27