2015-2016 editions of CUNA Total Compensation Reports released
WASHINGTON, DC (September 29, 2015) — CUNA has announced the 2015-2016 release of its CEO Total Compensation Reportand 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:
- Base pay
- Bonuses and incentives
- Perks and benefits
- Executive retirement plans
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/.
About CUNA
Credit Union National Association (CUNA) is the only national association that advocates on behalf of all of America’s credit unions, which are owned by 135 million consumer members. CUNA, along with its network of affiliated state credit union leagues, delivers unwavering advocacy, continuous professional growth and operational confidence to protect the best interests of all credit unions. For more information about CUNA, visit cuna.org. To find your nearest credit union, visit YourMoneyFurther.com.
