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.
DOWNLOAD TODAY

Ampersand
February 5, 2024

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