ALBANY, N.Y. (9/23/15)--The New York Credit Union Association (NYCUA) and its Young Professionals Commission recently completed a new study, white paper and toolkit designed to help credit unions attract, retain and prepare the next generation of industry leaders.
“Between the high participation levels and the quality of the responses we received, it’s clear that our young professionals want to make a real difference for their credit unions and their members,” said William J. Mellin, NYCUA president/CEO. “The question is, ‘What can we do to help make that happen?’ As an association, we felt it was important to shine the spotlight on this issue and help clarify some best practices and strategies.”
The study included a month-long online survey conducted in March with 143 participants--ages 21-35--from a range of states, industries and professions. They answered questions about job satisfaction, career plans, factors influencing employment decisions, desired supervisor qualities and their current levels of awareness/engagement.
At the time of the study, 85% of respondents were employed by a credit union, 95% had completed at least some college and 71% had an associate degree or higher.
In the white paper, “Your Credit Union’s Future Leaders: Finding Them, Keeping Them and Helping Them Reach Their Fullest Potential,” NYCUA and the commission encourage current credit union leaders to:
The paper also highlights specific opportunities--both in New York and nationwide--that are currently available to young credit union professionals.
“As credit union leaders work to build and cultivate relationships with young professionals, we hope this paper will help spark meaningful dialogue,” said Mellin. “We also want it to be a useful guide, which is why we included so many specific opportunities and ideas.”
In addition to the white paper, NYCUA and the Commission developed a Young Professionals Toolkit with resources to help young professionals connect, grow and lead in the credit union movement.
The white paper, toolkit and additional information about the study are available on NYCUA’s website.