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Credits Unions Seeking Business Lending Talent from Within

MADISON, Wis. -- While it appears that many credit unions are recruiting from community banks to staff their business lending departments, most are choosing to seek talent from within.

By Michelle A. Samaad | Updated on June 07, 2007

MADISON, Wis. — While it appears that many credit unions are recruiting from community banks to staff their business lending departments, most are choosing to seek talent from within.

That is one of the findings from CUNA’s 2007 Business Services Survey, which was sent out to nearly 2,000 credit unions. Of the 204 responses received, 47% CUs indicated they recruit internally while 35% turn to community banks. Twenty-six percent said they seek professionals from state-wide financial institutions and 27% indicated recruiting from other areas.

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