Balancing Mission and Market
Executive Compensation Strategies for Credit Unions 

Sponsored by PARC Street Group​

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J.P. O’Connor

Senior Compensation Consultant

PARC Street Group

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Credit unions are owned by their members, which means they will sometimes make decisions that cost money because those decisions are right for the people they serve. At the same time, people are usually the largest operating expense, and the leadership team is often the most expensive and hardest to replace part of that cost. 

This session explores how credit unions can pay executives competitively without losing sight of the mission. We will discuss how to tie incentives to real member value rather than financial metrics alone, how to use benchmarking responsibly, and how to communicate executive compensation decisions in a way that boards and members can understand and trust.