MADISON, Wis. (9/29/15)--CEOs at credit unions with $100 million or more in assets saw a 4.5% average annual increase in salary, according to CUNA’s newly released “2015-2016 CEO Total Compensation Report” and “Senior Executive Compensation Report.”
About 75% of CEOs at credit unions in this asset range earned some kind of incentive or bonus pay by the end of 2014, the reports indicated.
Each report derives from an annual CUNA survey of CEO and senior executive earnings in the credit union industry.
“With reliable information on CEO and senior executive compensation in such short supply, these reports offer a comprehensive resource for credit union compensation planning,” said Jon Haller, CUNA director of corporate and market research. “The reports provide assistance on all compensation decisions, from base salary to retirement benefit.”
Data are categorized into key parameters such as asset size and region to make it easier for readers to compare compensation data from similar credit unions. Data provided include: