NAFCU had a good year last and President/CEO Fred Becker was rewarded with a 22% increase, according to a document filed with the IRS.
The document required of all tax-exempt organization, showed Becker's total compensation to be $485,993 last year, compared to $396,455 the previous year.
NAFCU's Board said it made the decision about Becker's compensation after hiring a consultant who said that even with the increase, his compensation package was below the median of comparable organization.
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