Compensation
Compensation
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In a throwback to the movement's early days, a handful of CEOs are dually employed by their credit unions and the institution's sponsor organization.
February 12 -
The Fed vice chair says regulators need to be on the “cutting edge” at spotting vulnerabilities; firm looks to win over future millionaires.
February 11 -
The CEO earned a 15% pay increase after the company posted record profits.
February 8 -
A lawsuit alleging Wells Fargo improperly compensated its California-based mortgage loan officers could have broader ramifications now that it has been granted class certification.
February 8 -
Maureen Genna will take over from retiring CEO Linda Levy, who gained notoriety when she sued the Trump administration.
February 8 -
Michael Athens was the Albuquerque, N.M.-based institution's vice president of operations before serving as interim president and CEO.
February 8 -
BB&T is buying SunTrust Banks, creating a $442 billion-asset institution. Credit unions are hopeful the mega merger will present an opening to pick up new business.
February 8 -
A number of credit unions, including Direct Federal Credit Union, have appointed new executives.
February 7 -
Management success isn’t about adopting the latest technology craze or exuding charisma, it’s about prioritizing employees and customers.
February 7 -
John Asbury says his Virginia bank, soon to be renamed Atlantic Union Bank, could eventually stretch from Charlotte, N.C., to Baltimore and take on the big players that dominate those markets.
February 6 -
The Albany, N.Y.-based credit union has already named a successor for when CEO Paula Stopera retires in May.
February 6 -
The division of the Indiana Credit Union League, along with CUs and other industry organizations, has made a number of new hires and promotions.
February 5 -
Tim Green is taking over at the California-based credit union following the retirement of longtime CEO Richard Andrews.
February 5 -
The bank said it will hold back bonuses to its former CEO and others as it probes the 1MDB scandal; the House is looking into the bank’s loans to Trump's firm.
February 4 -
From honoring men who work for women's advancement in the industry to government appointments, here's another look at credit union honors and promotions.
January 31 -
Wells says it's made progress but needs to do more to rebuild trust with customers and regulators; despite rate hikes by the Fed, big banks continue to effectively pay nothing in interest to savings customers.
January 31 -
In a lengthy report released Wednesday, the bank pledged to protect whistleblowers, handle customer complaints better and re-examine its lending practices.
January 30 -
Gary Moritz will leave the credit union on Feb. 1 following 30 years at the helm of the Ohio credit union.
January 30 -
Shalonda Dawkins, who joined the Houston credit union earlier this month, has worked in the financial services industry for over 15 years.
January 30 -
Many credit unions already know they need to diversity their slate of directors. Here's how a handful of CUs have already started that process.
January 30






















