Dave and Matt share how credit unions are becoming more proactive and strategic about compensation planning—moving beyond “check-the-box” benefits to customized, mission-aligned solutions that support both current and future leaders. From navigating tighter liquidity and rising interest rates to fostering transparent conversations at the board level, they discuss the evolving landscape of executive benefits and what credit unions should keep in mind as they prepare for the next generation of leadership.
This podcast is sponsored by TriscendNP.
In this episode:
00:59 – Getting to know Dave and Matt.
05:32 – Recent shifts in how credit unions approach executive compensation and continuity planning.
08:12 – How executive benefits fit into overall talent recruitment strategies.
10:25 – A well-structured executive benefits plan as a key to succession success.
13:20 – Challenges credit unions face when implementing executive benefits packages.
16:14 – How TriscendNP helps credit unions create effective benefits strategies.
18:58 – “Credit unions aren’t built the same, and benefits plans shouldn’t be either.”
21:15 – Weighing short-term affordability against long-term impact.
23:14 – Guiding boards through compensation conversations and building confidence in their decisions.
25:32 – Emerging risks and trends to watch in executive benefits.
27:05 – Advice for credit unions considering a change to their benefits strategy.
28:42 – Final thoughts for credit union leaders.