Compensation
Compensation
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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