Salary and benefits per employee reached an all-time high in fourth quarter 2015. The jump from 2014’s industry average of $66,191 to $68,755 for 2015 represents a 3.9% year-over-year expansion. Last year, credit unions paid a total of $18,626,868,923 in total salary and benefits to 270,916 employees.
SALARY AND BENEFITS PER FULL-TIME EMPLOYEE
For all U.S. credit unions | Data as of 12.31.15
© Callahan & Associates | www.creditunions.com
| Credit Union | State | Salary & Benefits/FTE as of 12.2015 | Salary & Benefits/FTE as of 12.2014 | Annual Salary & Benefit | Employees | Total Assets | |
|---|---|---|---|---|---|---|---|
| 1 | Sea Air | CA | $262,466 | $86,564 | $4,724,385 | 18 | $139,396,165 |
| 2 | Vision One | CA | $150,786 | $174,717 | $1,734,042 | 12 | $65,746,819 |
| 3 | Star One | CA | $149,281 | $133,454 | $27,169,130 | 182 | $7,857,993,558 |
| 4 | Edinburg Teachers | TX | $148,356 | $131,374 | $1,557,738 | 11 | $86,757,568 |
| 5 | Quorum | NY | $146,270 | $142,269 | $18,503,110 | 127 | $954,867,993 |
| 6 | San Joaquin Power Employees | CA | $144,499 | $136,430 | $866,996 | 6 | $131,826,071 |
| 7 | APL | MD | $132,494 | $117,652 | $6,293,451 | 48 | $407,769,667 |
| 8 | AFLAC | GA | $131,963 | $132,518 | $1,253,646 | 10 | $189,226,746 |
| 9 | Alliant | IL | $130,982 | $114,421 | $52,130,832 | 398 | $8,673,603,672 |
| 10 | FocalPoint | NY | $129,934 | $54,234 | $2,273,843 | 18 | $45,682,136 |
Source: Peer-to-Peer Analytics by Callahan & Associates
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