By Dale Schumacher
One of the most important roles of a leader is to grow new leaders. We all can reflect back on individuals who believed in our potential and helped us grow. And now CUES is making it easier for us to develop our staff.
At our April meeting, the CUES Board of Directors approved a new 2011 dues structure that will be great for credit unions of any size that solidly support staff development and succession planning. In addition to our “tier one” traditional membership dues and the $99 NextGen memberships designed for individuals 35 and under (or with less than two years of experience in the financial services industry), we’ve added two new tiered memberships based on credit union asset size.
Tier 2 is designed for the credit union to have the CEO and all of his or her direct reports as members in 2011. Tier 3 is designed for the credit union to have all managers and up plus unlimited "NextGen" individuals who show promise of being future leaders. The table below details the CUES membership changes, which respond to member requests for tiers. The board amended the CUES bylaws to reflect the new dues structure.
CUES Membership Tier | $0-$99MM in assets | $100-$499 million in assets | $500-$999 million in assets | $1 billion or more in assets |
Tier 1A: CUES NextGen | $99 | |||
Tier 1B: Traditional individual | $665 for 1st member; $625 each for 2nd-4th member; $585 each for 5th member and beyond | |||
Tier 2: CEO plus direct reports | $995 | $1,495 | $1,995 | $2,495 |
Tier 3: CEO plus management team and unlimited CUES NextGen members | $1,495 | $2,995 | $3,995 | $4,995 |
We are working to provide NextGen content that will help young up-and-comers grow via distance education, such as Webinars on soft skills we all needed to learn to move up the ladder.
Dale F. Schumacher is president/CEO of $246 million Tampa Bay Federal Credit Union, Tampa, Fla., and chairman of the CUES Board of Directors.