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Banking industry makes issue of credit unions' CEO salaries.(Banking): An article from: The Register-Guard (Eugene, OR) [HTML] [Digital]

Banking industry makes issue of credit unions' CEO salaries.(Banking): An article from: The Register-Guard (Eugene, OR) [HTML] [Digital]

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Byline: Christian Wihtol The Register-Guard

Oregon's largest credit unions are writing some very large paychecks to their top executives, a fact the banking industry is underscoring in its lobbying effort to have credit unions pay taxes.

Oregon's biggest credit union, Portland-based OnPoint Community Credit Union, paid its CEO, Rob Stuart, $2.6 million in 2011 in total compensation, including base pay, bonus, deferred compensation and other pay, according to the credit union's recent Internal Revenue Service filing. That's up from a $1.8 million package in 2010, the banking industry notes.

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Byline: Christian Wihtol The Register-Guard

Oregon's largest credit unions are writing some very large paychecks to their top executives, a fact the banking industry is underscoring in its lobbying effort to have credit unions pay taxes.

Oregon's biggest credit union, Portland-based OnPoint Community Credit Union, paid its CEO, Rob Stuart, $2.6 million in 2011 in total compensation, including base pay, bonus, deferred compensation and other pay, according to the credit union's recent Internal Revenue Service filing. That's up from a $1.8 million package in 2010, the banking industry notes.

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