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Can you pick out the bad apple?

There are lots of retirement vehicles aimed at credit union c-suite executives but the fact is they aren’t created equal. Some simply are better than others.

Back on the show today is Kirk Kordeleski, onetime CEO at Bethpage Federal Credit Union and now a leading expert on credit union SERPs (supplemental executive retirement plan), and he offers tips on what to look for in a steady SERP…and keep in mind it has to hold up usually for several decades after an executive retires.

Along the way Kordeleski tells what credit union board members need to know and do to properly review and select SERPs for their executives.  

And we also talk about how credit unions can compete against - and beat! - money center banks. Sure, they have the scale but credit unions have an edge they can use to win this David v Goliath battle.  Kordeleski relates how he did it at Bethpage.