Persuading the Board on Executive Retirement Packages
![convincing credit union board of directors of SERP value](https://kirkk.net/wp-content/uploads/2022/12/SERP-board-strategy-1024x683.jpeg)
The overall environment is gloomy, volatile, inflationary, and mired in recession. How can credit union executives work with boards to agree on market-rate executive retirement packages? It used to be that credit unions didn’t feel the heat of competition. They had a monopoly on their SEGs and there was general parity for technology across other […]
5 Generations of Credit Union Leaders, Compensation, and Recession
![generations of credit union leadership](https://kirkk.net/wp-content/uploads/2023/01/generations-of-credit-union-leadership-1024x644.jpeg)
The times, they are a-changing. In fact, 5 generations ago, credit union leadership was completely different. Most leaders were volunteers with little expertise in running a financial institution. Today, leaders have more skills, experience, and support than ever. And, when it comes to finding a good credit union leader, you get what you pay for. […]
Credit Unions Competing with Fintechs in the Talent War
![cu fintech executive talent war with kirk kordeleski and om financial group](https://kirkk.net/wp-content/uploads/2022/05/ben-rosett-WdJkXFQ4VHY-unsplash-1024x684.jpg)
Imagine you are a Millennial or Gen X credit union executive. You have spent 10–20 years honing your impeccable tech and financial industry skills. You understand ACH, routing numbers, loan participations, Asset and Liability Management, and Reg D/E. You love credit unions and the industry. Sure, sometimes we are a little slow to make decisions, […]