CHICAGO-Credit union leaders should increasingly expect their salaries will be tied directly to the performance of their CU-not that they'll be seeing pay increases in coming years.

According to one credit union CEO, it has become almost "politically incorrect" to draw a paycheck. "That's what it feels like," explained Jan Roche, CEO of the $1.2-billion State Department FCU in Alexandria, Va. "A lot of the conversations I hear now are around how do I hold onto what I have, instead of how can I make more."

Subscribe Now

Authoritative analysis and perspective for every segment of the credit union industry

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.