Credit Union Employee Compensation Research Distributed to CEOs

November 27, 2023 |

Prior to the Thanksgiving holiday, the League shared the results of a recent survey conducted by Portland Research Group (PRG) with Maine credit union CEOs. The goal of PRG’s research was to better understand the level of compensation offered to Maine-based credit union employees. Salary positions examined included:

  • Head Teller
  • Teller
  • Universal Employee
  • Member Service Representative
  • Loan Originator
  • Loan Processor
  • Loan Underwriter
  • Collections Officer
  • Collections Specialist
  • Compliance Officer
  • Card Service Specialist
  • Accounting Clerk
  • Receptionist

Forty-six Maine credit unions offered their input, resulting in a 93.9% response rate.

Across the board, salaries have increased since 2019 for credit union positions. The report also details salary breakouts across asset size and regions in the state.

Please email Robert Caverly, League Vice President of Advocacy & Outreach, with questions regarding the survey findings.