Friday, December 27, 2019

Article Looks at Pay of CEO at AmeriCU

Syracuse.com is reporting that Mark Pfisterer, CEO of AmeriCU Credit Union (Rome, NY), earned $2.5 million in 2018 after earning $7.97 million in 2017.

The article noted that his 2018 salary was comparable to the salaries paid CEOs at much larger banks in the region. The CEO of $120 billion M&T Bank (Buffalo, NY) was paid $4.77 million in 2018, while the CEO of $9.6 billion NBT Bancorp (Norwich, CT) earned $2.2 million in 2018.

In comparison, AmeriCU had $1.7 billion in assets.

The article also compared his compensation to other tax exempt organizations in upstate New York.

Read more.
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