MONTREAL – Top credit union executives' annual compensation ranges from $17,053 to $846,600 per year depending on asset size, according to the results of the 2015 NAFCU-BFB Executive Compensation and Benefits Survey. The results were revealed by Jack E. Clark of the Charlotte, N.C.-based Clark Research Associates, whose company performed the survey, at NAFCU's annual conference in Montreal Thursday.
The $17,053 figure represents the 10th percentile (the lowest) of compensation for top executives at credit unions with less than $10 million in assets, while the $846,600 figure represents the 90th percentile (the highest) of compensation for top executives at credit unions with $1 billion or more in assets.
By comparison, annual compensation for top executives at credit unions with $150 million to less than $400 million in assets ranges from $157,753 to $306,800. At credit unions with assets totaling $400 million to less than $1 billion, top executives receive between $249,999 and $502,644 in compensation annually.
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Natasha Chilingerian
Natasha Chilingerian has been immersed in the credit union industry for over a decade. She first joined CU Times in 2011 as a freelance writer, and following a two-year hiatus from 2013-2015, during which time she served as a communications specialist for Xceed Financial Credit Union (now Kinecta Federal Credit Union), she re-joined the CU Times team full-time as managing editor. She was promoted to executive editor in 2019. In the earlier days of her career, Chilingerian focused on news and lifestyle journalism, serving as a writer and editor for numerous regional publications in Oregon, Louisiana, South Carolina and the San Francisco Bay Area. In addition, she holds experience in marketing copywriting for companies in the finance and technology space. At CU Times, she covers People and Community news, cybersecurity, fintech partnerships, marketing, workplace culture, leadership, DEI, branch strategies, digital banking and more. She currently works remotely and splits her time between Southern California and Portland, Ore.
