FOR IMMEDIATE RELEASE
Madison, Wis. (September 29, 2015) – CUNA has announced the 2015-2016 release of its CEO Total Compensation Report and Senior Executive Total Compensation Report. Each derives from an annual CUNA survey of CEO and Senior Executive earnings in the credit union industry. The reports provide readers with comprehensive compensation data.
“With reliable information on CEO and senior executive compensation in such short supply, these reports offer a comprehensive resource for credit union compensation planning,” says Jon Haller, Director of Corporate and Market Research at CUNA. “The reports provide assistance on all compensation decisions, from base salary to retirement benefits.”
The reports categorize data according to several key parameters, such as asset size and region, enabling readers to reference compensation data from similar credit unions. The reports provide complete compensation data including:
For credit unions with $100 million+ in assets, the 2015-2016 CUNA CEO Total Compensation Report states an average annual increase of 4.5% for CEO salary. The report also found that 75% of CEOS at credit unions in this asset range earned some kind of incentive or bonus pay by the end of 2014.
To order the 2015-2016 CUNA CEO Total Compensation Report and the 2015-2016 CUNA Senior Executive Total Compensation Report, visit cuna.org/compensation/.
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With its unique network of affiliated state credit union leagues, Credit Union National Association (CUNA) serves America's credit unions, which are owned by more than 100 million consumer members. Credit unions are not-for-profit cooperatives providing affordable financial services to people from all walks of life. For more information about CUNA, visit www.cuna.org or follow @CUNA on Twitter. For more information about credit unions, visit www.aSmarterChoice.org and follow @asmarterchoice on Twitter. Visit the CUNA Press Room for a full listing of media mentions, press releases and resources to stay informed on current events within the credit union industry.