The Company Commits $1.5 Million to Developing the Next Generation
of Credit Union Leaders
SAN FRANCISCO--(BUSINESS WIRE)--Feb. 27, 2017--
Visa Inc. (NYSE:V) is pledging $1.5 million over the next four years to Filene
Research Institute and Credit
Union Executive Society to support research and education
opportunities that will strengthen the talent pipeline in the credit
Similar to many industries, credit unions face challenges engaging,
retaining and recruiting young talent. New talent contributes energy,
creativity and leadership to the businesses. Young talent also helps
ensure products and services are relevant to younger members, which is
critical to the longevity and viability of credit unions.
“Credit unions are crucial to the financial health of our communities,
and Visa is committed to their success through meaningful and impactful
talent initiatives,” said Oliver Jenkyn, group executive North America,
Visa Inc. “With this investment, our goal is to provide a sustainable
benefit to credit unions that will strengthen the next generation of
leaders and ensure the future success of these important organizations.”
In support of the credit union movement, Visa will sponsor three
Visa will partner with the nonprofit, Filene Research Institute, to
sponsor The War for Talent Center of Excellence, leading
research dedicated to studying the talent gap in the industry. This
four-year commitment brings together both industry and academia to
create a wide variety of research, reports and colloquia on
attracting, developing and retaining top performers.
Visa will support the Cooperative Trust, an initiative that focuses on
cultivating young leaders in the credit union industry. Visa will also
sponsor the “Crashers,” a group of the brightest young leaders in the
credit union industry, in an effort to provide millennial talent the
networking opportunities and access to credit union senior leaders.
Visa will sponsor the Credit Union Executive Society’s CEO Institute
program, which provides education resources for future credit union
CEOs. These courses will enhance credit union employees’ experiences
and expand their roles in the industry.
Visa has supported the credit union industry since its inception. The
latest initiatives continue to build on the company’s commitment to the
industry that will benefit credit unions for decades to come.
About Visa Inc.:
Visa Inc. (NYSE: V) is a global payments technology company that
connects consumers, businesses, financial institutions, and governments
in more than 200 countries and territories to fast, secure and reliable
electronic payments. We operate one of the world’s most advanced
processing networks — VisaNet — that is capable of handling more than
65,000 transaction messages a second, with fraud protection for
consumers and assured payment for merchants. Visa is not a bank and does
not issue cards, extend credit or set rates and fees for consumers.
Visa’s innovations, however, enable its financial institution customers
to offer consumers more choices: pay now with debit, pay ahead with
prepaid or pay later with credit products. For more information, visit usa.visa.com/about-visa, visacorporate.tumblr.com and @VisaNews.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170227005341/en/
Source: Visa Inc.
Stephanie Ferragut, 1 415-319-3482