tag:blogger.com,1999:blog-319775530671726401.post8371413754716693406..comments2023-10-01T09:18:26.162-04:00Comments on Keith Leggett’s Credit Union Watch: Corporate CUs Are Required to Disclose Executive Pay, Then Why Not All FCUsKeith Leggetthttp://www.blogger.com/profile/14794334790117033547noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-319775530671726401.post-49237075122130820412016-12-22T11:55:12.699-05:002016-12-22T11:55:12.699-05:00Keith - Don't hold your breath. What sum of t...Keith - Don't hold your breath. What sum of these credit union CEO's take down in salary borders on extortion. It is a shake down. Add to the salary the SERP (Senior Executive Retirement Plan) and it now becomes criminal. Former WesCorpFCU CEO Bob Siravo cashed in his SERP @ $6M large. The NCUA settled with Bob and got a 10% kick back. Big Deal. He gets $6M and refunds to the NCUA $600,000 not a bad trade. Bob was issued an NCUA work prohibition order. So what, he still has $5.4M. Not too shabby. Where do I sign up to do such a trade?Anonymousnoreply@blogger.com