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How to Ask a Credit Union Board to Add or Expand Executive Compensation Benefits

On June 9, 2021, Posted by , In Financial Education, By , , With No Comments

As a credit union CEO or executive, have you ever struggled to bring up the topic of adding executive compensation benefits to your board members? Ideally, a credit union board would add these types of benefits unasked—and many do—as a way to incentivize and retain top executives. It’s also mathematically…

“C.U. on the Show” Podcast Showcases Expert Insights for Credit Union Leaders

On May 26, 2021, Posted by , In Financial Education, By , With No Comments

As a credit union leader, you’re charged with continually finding new ways to modernize systems and practices and retain top talent, all while serving your members’ needs. At ACT Advisors, we wondered how we could fundamentally support the credit union mission by supporting the success of the executives, like you,…

What Credit Union Executives Should Consider Before Pursuing a Merger & Acquisition (Part 2)

One of the first steps in executing a successful merger and acquisition (M&A) is to find a suitable partner that meets specific financial, geographic, and membership growth opportunities. As “C.U. on the Show,” guest Harry Gunsallus explains, that partner can be another credit union—or a bank. While both a credit…

What Credit Union Executives Should Consider Before Pursuing a Merger & Acquisition

On May 5, 2021, Posted by , In Mergers and Acquisitions, By , With No Comments

You face many pressures as a credit union executive. You work to maintain steady membership growth and adapt to new technology and emerging trends. However, in some cases, there may come a time that a merger and acquisition (M&A) presents itself as an opportunity. Perhaps you’re trying to grow your…

How High-Income Earners Can Prepare for New Tax Laws

On March 25, 2021, Posted by , In Taxes, By , With No Comments

High-income earners have expressed concerns about potential new tax laws under the Biden administration that could affect their short- and long-term financial future. Many of the proposed policy changes will have significant implications for those earning more than $400,000 a year. As a credit union executive, you may fall into…