Each young leaders’ path will vary in how fast it progresses, where it leads, and how it impacts the credit union.

Credit unions can advance young leaders with development programs that meet the unique needs of both the organization and its up and comers. Plotting out career paths for each job description can not only attract talent but also serve as a tool to retain talented individuals.

“All credit unions are a bit different in their approaches to developing young leaders,” says Lauren Culp, manager of the Filene Research Institute’s Cooperative Trust. “The most successful ones afraid to give their young staff a chance, be it in leadership roles, on visible projects, or simply by investing in their development.”

The Filene Research Institute started the Crash Program in 2010 to expose young leaders to top industry conferences. The program is made possible with the support of CUNA and help from credit union leagues and associations.

Young professionals apply to attend the conference of their choice—this year Crashers attended a dozen different conferences—and those selected as Crashers attend the conference with no registration fee.

In addition to conference programming, the Crash Program includes special breakout sessions and events aimed at young professional development.

The Cooperative Trust also engages young professionals through connection and collaboration. Credit union employees who are age 35 and younger—or feel “35 at heart”— can join the online community, which evolved from the Crash Program.