A powerful way for dedicated credit union professionals to enhance their expertise, credibility, and engagement at work is by taking the opportunity to earn professional designations.
An industry commitment to excellence
Similar to a scholastic diploma or degree, earning a professional designation sends a clear message to colleagues and members that our industry is dedicated to continuous learning and improvement.
The credit union industry is unique in its ability to offer a wide range of professional designations, including for specializations like:
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Boards and committees
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Compliance
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Facilitators
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Finance
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Human Resources
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Lending
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Management
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Marketing & Business Development
Designation and certification programs provide the instruction needed to achieve designations that are accessible and affordable, with flexible options for all learning styles including conferences, in-class sessions, live and recorded eSchools, and self-study materials. This allows credit union professionals to pursue their professional development goals while balancing their work and personal commitments.
Become recognized as an expert
The benefits of earning professional designations and certifications are numerous. Through these nationally recognized opportunities, the process of earning a designation or certification equips credit union professionals with a deeper understanding of industry best practices, latest trends, and cutting-edge tools and techniques. This knowledge empowers them to make better and faster decisions, boost their productivity, and contribute more effectively to their credit union's success.
As they enhance their skills and expertise, they will likely experience greater job satisfaction and confidence in their abilities. Additionally, opportunities for professional growth is a crucial element when it comes to retention of new employees. Forbes shares that of employees looking for a job or planning to look for a job soon, 68% said they’d be more likely to stay if their organizations did more to upskill them.
68% of employees said they’d be more likely to stay if their organizations did more to upskill them.
Investing in professional development through designations and certifications can yield significant returns throughout a credit union professional's career.
Designations make employees more valuable
According to the Bureau of Labor Statistics, having a professional certification can lead to higher earnings. According to the Bureau of Labor Statistics, having a professional certification can lead to higher earnings. In some cases, professionals with certifications may earn significantly more than those without. The exact percentage increase in earnings can vary, but research suggests that certifications can contribute to salary premiums ranging from 5% to 25%. Research suggests that among workers ages 25 to 54, both men and women had about one-third higher earnings than their counterparts without a certification or license. As new skills and knowledge are gained, certified employees become more valuable and contribute higher.
It is suggested that certifications can contribute to salary premiums ranging from 5% to 25%.
From an employer's perspective, credit union professionals with designations and certifications are highly valued assets. These individuals demonstrate a strong work ethic, a commitment to professional development, and a passion for excellence in their field. Employers recognize that professionals with these credentials are better equipped to manage risk, control delinquencies, and drive positive outcomes for the organization.
Earning professional designations and certifications is a smart move for any credit union professional looking to elevate their career and make a greater impact in their organization. By demonstrating their expertise, dedication, and commitment to excellence, they position themselves for success in the dynamic and rewarding credit union industry. Credit union professionals can take the first step today by exploring the various designation and certification programs available and charting their path to professional growth and achievement.
Active designations and designations and training earned will be honored by America’s Credit Unions in 2024. While we move through the transformation to America’s Credit Unions, additional compliance resources remain on our legacy websites.
