Employee Discounts And Loan Perks At U.S. Credit Unions

A new survey from Callahan & Associates sheds light on who’s offering discounts and which employees get them.

LOAN DISCOUNT AVAILABILITY
FOR SURVEY RESPONDENTS | DATA AS OF DECEMBER 2023
© Callahan & Associates | CreditUnions.com

  • In a December 2023 survey from Callahan & Associates, roughly half of credit unions surveyed reported offering employee loan discounts. Many human resource leaders say the benefit helps morale and retention.
  • For credit unions that offer this perk, nearly 75% of executives and part-time employees may access it. All full-time employees can take advantage of it. Some credit unions even offer this perk to retirees who hit a certain tenure threshold.
  • Notably, fewer than 10% of credit unions surveyed offer this benefit to board members.

 

Don’t Stop Here

Dig into more insights in Callahan’s Employee Loan Discount Survey, available today on the client portal.
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Ampersand
February 5, 2024
CreditUnions.com
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