Compensation
Compensation
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After years of scant progress on diversity measures, Citigroup has created hard targets for raising the percentages of women and African Americans in management positions by 2021, according to an internal memo from Chief Executive Officer Michael Corbat.
August 22 -
Community bankers take pride in their personal touch with customers, but they must extend it to mobile platforms. A good start is creating digital hubs that let customers view their full financial picture in one place, a chief technology officer says.
August 21 -
Bringing in new talent and/or promoting from within can bolster a credit union's performance.
August 21 -
The employee who made sexual harassment allegations against the agency’s director also claims Watt withheld her pay increase after she refused his advances.
August 21 -
The recently released Staff Salary Report from the Credit Union National Association outlines how CUs are planning
August 20 -
Top U.S. housing regulator Mel Watt is privately reassuring people close to him that he will keep his post as authorities investigate an employee's claims of sexual harassment. Now, his accuser is heightening the pressure — speaking out publicly for the first time.
August 20 -
The bank said it has received subpoenas related to low-income housing tax credits; write-offs of bad credit card debt creep up.
August 20 -
A look at who's hiring, the positions they're filling and more promotions, appointments and other CU professionals in the news.
August 17 -
Rep. Emanuel Cleaver, D-Mo., released a survey of lending practices that he said point to practices such as forced arbitration clauses and extracting a customer’s credit score to determine creditworthiness.
August 17 -
Cook has been with the credit union since 2015, and his appointment to the top job follows months of tumult after the previous CEO was fired in March.
August 17 -
More than 100 staffers at the Allentown, Pa.-based credit union took to the picket lines in a dispute with management over compensation and benefits, forcing the credit union to temporarily close at least two branches.
August 16 -
Big changes to Hoosire Hills board of directors, two new executives move to the C Suite at VyStar and more new hires, promotions and appointments.
August 16 -
CUNA Mutual Group Economist Steve Rick is predicting a "mild, moderate recession" in the next few years. Here's how credit unions could be impacted in the run-up to that.
August 16 -
When there are leadership roles for women in the payments industry, the individual, the entire company, its workforce and the industry thrive, writes Lisl Dutterer, executive director at Wnet.
August 16 -
The board chair for CoastHills Credit Union says a wrongful termination suit by ousted CEO Jeff York is full of "false allegations," and that the credit union acted in the "best interests" of members.
August 16 -
Why 'CEO' stands for chief experience officer at one credit union, new branch managers selected at another, and more CU pros and volunteers in the news.
August 14 -
After being fired earlier this year, former CEO Jeff York says in legal action he was let go without cause, prior to end of contract term.
August 14 -
The Trump administration has argued that the Affirmatively Furthering Fair Housing rule, issued in 2015, was too prescriptive.
August 13 -
Helping the underserved, especially abroad, can help banks retain top workers and boost profits.
August 13 -
MLB legend Cal Ripken Jr. told a credit union audience what it takes to succeed – and break a few records in the process.
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