WASHINGTON – With an eye on reducing employee turnover and luring the top talent, credit unions are spending more for their most valuable players. Whether it is paying top dollar or developing competitive employee benefits programs here is a look at the credit unions that are allocating the most dollars for salaries and benefits: Top 50 Credit Unions by Salary & Benefits per Employee for Credit Unions over $25 million in assets as of March 31, 2005
Salary & Benefits/
Oper. Exp/ Rk
Recommended For You
ST
Credit Union
Employee
Ave. Assets
ROA
Assets 1
NY
Progressive
$153,675
1.66%
3.66%
$280,999,674 2
NY
Melrose
$126,590
1.56%
1.57%
$702,504,138 3
NV
Boulder Dam
$125,699
1.78%
0.07%
$462,830,534 4
CA
San Joaquin Power Employees
$113,493
1.03%
0.48%
$96,540,477 5
NY
Yonkers Teachers
$108,659
1.37%
1.26%
$41,854,877 6
MI
Michigan Educational
$107,055
2.88%
0.92%
$417,904,735 7
MA
Industrial
$103,080
1.70%
0.80%
$103,691,307 8
NY
Montauk
$100,952
2.63%
0.59%
$57,137,804 9
VA
Fairfax County
$99,139
3.70%
1.26%
$165,025,694 10
CA
STAR One
$96,711
0.82%
0.73%
$2,902,196,301 11
NY
League Of Mutual Taxi Owners
$95,746
2.06%
1.56%
$108,745,336 12
MD
Public Health Service
$93,977
4.91%
1.13%
$54,284,157 13
PA
Boeing Helicopters
$92,983
2.83%
0.80%
$88,170,786 14
CA
Keypoint
$92,479
3.74%
0.48%
$714,035,329 15
DC
O.A.S. Staff
$91,389
2.56%
0.94%
$116,462,824 16
MD
APL
$90,466
2.28%
0.83%
$246,447,124 17
CA
Aerospace
$90,099
1.00%
0.33%
$251,357,396 18
NC
North Carolina Local Govt
$88,989
2.46%
1.18%
$580,122,293 19
CA
Pacific Service
$88,011
1.61%
0.97%
$1,017,113,945 20
CA
Eagle
$87,895
3.86%
0.05%
$29,261,436 21
CA
Evangelical Christian
$87,326
5.24%
1.70%
$685,800,340 22
NY
Central
$87,100
1.78%
1.81%
$73,908,929 23
CA
Inwood
$86,627
4.67%
-2.01%
$59,216,814 24
CA
Meriwest
$86,246
2.88%
0.71%
$948,496,104 25
NY
Bethpage
$86,130
2.18%
0.78%
$2,047,854,997 26
NY
United Nations
$85,761
1.98%
1.39%
$2,151,987,239 27
CA
Altura
$83,848
6.88%
0.75%
$666,383,977 28
MA
Telephone Workers
$83,751
1.93%
0.87%
$559,904,669 29
NM
New Mexico Energy
$83,369
2.88%
0.43%
$39,860,916 30
CA
Southland
$83,071
3.01%
0.80%
$344,082,469 31
DC
AFL CIO Employees
$82,883
3.77%
0.04%
$89,405,005 32
CA
Lockheed
$82,779
2.32%
1.82%
$2,079,153,864 33
DC
PAHO/WHO
$82,631
1.17%
1.49%
$139,215,365 34
HI
Kauai Teachers
$82,129
2.85%
1.01%
$28,085,253 35
IN
Local 697
$81,992
1.89%
0.79%
$28,107,425 36
CA
Menlo Survey
$81,973
1.85%
0.86%
$37,930,421 37
CA
San Jose
$81,918
3.21%
0.65%
$113,279,955 38
MD
NARC
$81,638
2.89%
0.40%
$25,609,289 39
OH
Firestone
$81,635
0.99%
0.50%
$204,788,886 40
DE
Louviers
$81,406
1.59%
0.68%
$163,655,111 41
MI
Educational Community
$81,326
5.50%
-1.20%
$229,814,425 42
CA
Stanford
$81,316
2.53%
1.54%
$634,914,624 43
NJ
Hoboken School Employees
$80,478
2.06%
1.46%
$31,139,346 44
NY
USAlliance
$79,579
3.32%
0.41%
$538,125,567 45
NJ
Morristown
$79,561
2.29%
0.39%
$54,967,057 46
DC
Department of Labor
$79,507
5.09%
0.49%
$54,576,603 47
IN
Transmission Builders
$79,382
6.29%
0.64%
$66,858,621 48
MA
Boston Firefighters
$78,942
2.51%
0.95%
$110,816,310 49
NJ
Central Bergen
$78,889
5.42%
0.54%
$119,146,080 50
WA
School Employees Credit Union
$78,580
2.85%
0.73%
$608,155,001
Industry Average
$49,350
3.17%
0.92%
$74,165,711
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