Credit Union Management

Credit union CEOs who manage more than $250 million in assets earn more in base salary and total compensation than their banking counterparts do, according to the 2013 CUES Executive Compensation Survey, released Aug. 2.

To excel in todays competitive environment, boards must be willing to make bold decisions. However, bold decisions can be risky, particularly for directors worried about protecting their personal assets. Directors should feel comfortable being decisive without the threat of litigation hanging over their heads.

In talking with other volunteers in the credit union industry, I find it interesting that we almost always face the same major issues.

Mark Fetcher doesnt care why New London Security Federal Credit Union failed back in 2008.

More than 10 years after it opened its doors for business, BECU Trust Co., has entered a new phase.

Be careful when you complain about something at work, because it just might become your new job.

Some veteran board members quip they can remember the days when their biggest challenge was choosing the color for the carpet at the newest branch.

Vincas Urbaitis, a former board director of the now-shuttered Taupa Lithuanian Credit Union, said he has been doing a lot of thinking lately about how he and six board members were double-crossed by Alex R. Spirikaitis, their former CEO.