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Podcast: The CU2.0 Podcast
Episode: CU 2.0 Podcast Money Talks with Kirk Kordeleski Episode 2: Executive Comp As a Strategic Initiative
Description: Send us Fan MailHere's the big, immense, mind blowing idea that is central to this podcast: a competitive credit union has to view executive compensation as a strategic initiative, really no different from putting investment money into a CUSO or rolling out a spiffy new mobile banking app.Understand this: NCUA regulations explicitly allow this allocation of capital.And grasp this: unless a credit union has invested in creating a first-rate leadership team it won't have the staff capabilities to make the most of its capital investments in more traditional vehicles.