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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