The Modern Credit Union CFO | CFO Recruiters | Credit Union Executive Search Firm

      COVID Disrupts Recruiting Rhythms for Credit Unions

      CUs are conducting video conferences to interview candidates, but some still won’t make hiring decisions without a face-to-face interview.

      Shawn Cole, president and founding partner for Cowen Partners Executive Search., said he has found executives are interested in other positions but they are staying put for now.

      “Our business has not slowed down, but it has been delayed,” Cole said. “I’ve seen a lot of what I’m calling ‘old fashion loyalty,’ which is nice, actually. Candidates are saying, ‘Hey, this sounds like a great opportunity, but I can’t leave my employer right now. We got to get through this together. I’m not going to leave, certainly not now and I don’t know when I can leave.’ That’s the delay factor that we’re facing.”

      Another factor is safety, as some candidates are concerned about moving to a different area where the number of coronavirus cases and deaths are spiking.

      About the Credit Union Times

      Established in 1990, CU Times is the credit union community’s leading news source. We set the standard for credit union journalism excellence and attract more paid advertising than any other credit union media. Published weekly, its main focus is to provide comprehensive, objective coverage of the latest credit union news. It also offers extensive on-site conference coverage, people features, statistical analysis and expert technology coverage. It also operates the only credit union news site ( that is updated throughout the day as news breaks. With a growing stable of products, including events, Webinars and custom publishing opportunities, Credit Union Times offers readers and advertisers many ways to get connected with the dynamic credit union industry.

      Cowen Partners is the nation’s top CFO executive search firm, enabling companies to harness the power of human capital to fuel their success. Cowen Partners gives our clients access to the top 1% of human capital to create opportunities that accelerate their growth and market share. With Cowen Partners, clients can grow at scale, create value, and drive results with world class talent. Our clients are both small and large, publicly traded, pre-IPO, private, and non-profit organizations.

      Clients are typically $50 million to multi-billion dollar revenue Fortune 1000 companies or have assets between $500 million to $15 billion. Successful placements span the entire C-Suite and include VP and director level leadership roles.

      With our proven processes and guaranteed results, we have successfully placed hundreds of candidates in industries including technology, healthcare, manufacturing, retail, financial services, and private equity.

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