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Podcast: The CU2.0 Podcast
Episode: CU 2.0 Podcast Money Talks Episode 11 with Kirk Kordeleski on Common Misconceptions About SERPs: What Don't You Know?
Description: Send us Fan MailAsk Kirk Kordeleski, onetime CEO of Bethpage Federal Credit Union on Long Island. How SERPs – supplemental executive retirement plans – figure into credit union strategic thinking and he comes back with a blunt answer: Talent retention. Face this reality: today credit unions are at war but this is a war with multiple enemies – big banks, community banks, other credit unions, non banks, you name it. Many kinds of institutions want to hoover up your members’ money and nowadays it is the better institutions that are winning. Why are the...