FEDERAL WAY, Wash. – The Washington Credit Union League has designed a recognition program the league stated in a release, is intended “to encourage the advancement of Tomorrow's Leaders and support succession planning, from within the credit union system, for institutions in Washington.” The League said the initiative is in response to a CUNA report that shows 20% of credit union CEOs will retire in the next five years and that most credit unions are not prepared to deal with these departures. The program, WCUL President/CEO John Annaloro said, “fosters the education and retention of the next generation of credit union leaders and proactively supports the succession planning, from within, for our credit unions.” To support the launch of the new program, WCUL will automatically enroll employees designated by their credit union as a 2003-2004 Employee of the Year. CEOs can also enroll other employees who are determined to meet Tomorrow's Leaders standards. These criteria include: * “provide exemplary service to their community, co-workers and members”; * “show interest in learning more about the history and philosophy of credit unions”; * “exhibit leadership qualities including the desire to excel, honor, vision, courage, commitment and integrity”. The first group of Tomrrow's Leaders will be recognized at WCUL's annual convention in September where they will be awarded certificates. In the following year, the league will also provide specialized advocacy and compliance training.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.