Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
Articles by Kwame Smith
Investment priorities change from executive to executive
One person’s vision of retirement may be quite different from another’s. As credit union leaders design executive benefits packages to attract and retain diverse talent, it’s important to keep this in mind. Gone are the days of one-size-fits-all retirement plans that fail to recognize the distinctive needs and preferences of individual executives. Modern retirement plans must be flexible and personalized, catering to the unique goals and aspirations of each leader.
Don’t let altruism become a setback to equitable executive benefits
Many of the executives who lead today’s credit unions have been in the industry for decades. As such, they are full-time, passionate advocates of the people-over-profits philosophy. This is a great thing for the membership, staff and community. It can, however, have some drawbacks for the executive’s own financial well-being. The fact of the matter is that traits like altruism and selflessness can stop an executive from asking for the compensation they really need or want.
DAKOTA CREDIT UNION ASSOCIATION
Trustage offers three mindful people practices to expand diversity on credit union boards and in upper management. by Opal Tomashevska and Kwame Smith Credit unions are making steady progress in the pursuit of greater diversity on boards and in C-suites. There is still room for improvement, of course, and it’s encouraging to see the many different leaders rolling up their sleeves to help credit union executives diversify their top talent.
Curate benefits for multicultural leadership
Broadening the perspectives of leadership is becoming a strengthening pillar of credit union growth strategy. Not only can a diverse C-suite attract a diverse employee and member base, it can also inject top-down ingenuity capable of earning the credit union actual dollars-and-cents benefits. More people of color are joining the C-suite and board-of-director ranks. Minority representation on credit union boards increased to 14.2% by 2021, according to a report from CU Collaborate.
Advance C-suite diversity with 3 mindful people practices
Credit unions are making steady progress in the pursuit of greater diversity on boards and in C-suites. There is still room for improvement, of course, and it’s encouraging to see the many different leaders rolling up their sleeves to help credit union executives diversify their top talent. Succession plans are becoming a popular area of focus for the experts who are collaborating with credit unions on diversity, equity and inclusion advancement. After all, executives and board volunteers move on.
Show More
loading
Actions
Is this you?
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Get in touch with Kwame
Contact Kwame, search articles and posts on X, monitor coverage, and track replies from one place.
Learn more about Muck Rack