Chief Financial Officer Salary at Down East Credit Union BETA

How much does a Down East Credit Union Chief Financial Officer make?

As of April 2025, the average annual salary for a Chief Financial Officer at Down East Credit Union is $340,170, which translates to approximately $164 per hour. Salaries for Chief Financial Officer at Down East Credit Union typically range from $260,135 to $427,932, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Down East Credit Union Overview

Website:
downeastcu.com
Size:
25 - 50 Employees
Revenue:
$5M - $10M
Industry:
Financial Services

Down East Credit Union was founded in 1941 by employees of St. Croix Pulp and Paper Company. Since then, DECU has grown to over 20,000 members sharing the common bond with those who live, work, worship, attend school, or conduct business in Washington, Waldo, Hancock, Penobscot, Lincoln, Kennebec, Sagadahoc, and Knox Counties, and the towns of Brunswick and Harpswell in Cumberland County. Branch offices are located in Baileyville, Machias, Belfast, Unity, Bangor, Calais, Richmond, and Topsham. The DECU Family of Companies includes: Consolidated Solutions, LLC who partners with 15 credit unions and 100 dealers offering convenient financing options; Down East Insurance Agency offering insurance for Home, Vehicles, Commercial, Workers Comp, Life and Disability with offices in Baileyville, Calais, Richmond, Topsham, and Unity; and Bay Financial, LLC, offering vehicle service and guaranteed auto protection contracts. DECU was awarded the Best Places to Work in ME designation in 2017.

See similar companies related to Down East Credit Union

What Skills Does a person Need at Down East Credit Union?

At Down East Credit Union, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
  2. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  3. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  4. Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
  5. CPA: A CPA, or Certified Public Accountant, is a trusted financial advisor who helps individuals, businesses, and other organizations plan and reach their financial goals.

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Check more jobs information at Down East Credit Union

Job Title Average Down East Credit Union Salary Hourly Rate
2 Director, Information Technology $157,609 $76
3 Director, Marketing $144,960 $70
4 IT Specialist $64,287 $31
5 Loan Officer $50,437 $24
6 Supervisor, Branch Operations $69,870 $34
7 Collection Supervisor $59,498 $29
8 Loan Processor $35,668 $17
9 Manager, Loan Operations $128,924 $62
10 Regional Branch Manager $57,471 $28
11 Network Administrator $79,849 $38
12 President $652,471 $314
13 Accounting $38,360 $18

Hourly Pay at Down East Credit Union

The average hourly pay at Down East Credit Union for a Chief Financial Officer is $164 per hour. The location, department, and job description all have an impact on the typical compensation for Down East Credit Union positions. The pay range and total remuneration for the job title are shown in the table below. Down East Credit Union may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $340,170 look to you?

FAQ about Salary and Jobs at Down East Credit Union

1. How much does Down East Credit Union pay per hour?
The average hourly pay is $164. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Down East Credit Union?
According to the data, the highest approximate salary is about $427,932 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Down East Credit Union?
According to the data, the lowest estimated salary is about $260,135 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.