Chief Executive Officer Salary at Federal Credit Union BETA

How much does a Federal Credit Union Chief Executive Officer make?

As of April 2025, the average annual salary for a Chief Executive Officer at Federal Credit Union is $662,351, which translates to approximately $318 per hour. Salaries for Chief Executive Officer at Federal Credit Union typically range from $505,457 to $836,485, 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.

Federal Credit Union Overview

Website:
eightfederalcu.org
Size:
<25 Employees
Revenue:
$5M - $10M
Industry:
Financial Services

Eight Federal Credit Union was formed in June 1970 when five Local 8 electricians organized and formed a charter, from that was born Eight Federal Credit Union. Our credit union continually strives to meet the service needs of our members. EFCU is a full service credit union with checking, debt/ATM cards and many other services. We offer all consumer and mortgage loans with low interest rates. Our Board of Directors is elected by the members. The board's responsibility is to provide general direction and control of the credit union. At this time the board consists of eleven members of which were elected at our Annual Meeting by you our members. Board Members serve 2 or 3 years. There are two loan officers available during business hours and, therefore, your loans can be processed when needed. No waiting for a credit committee. There is a Supervisory Committee of three members. This committee acts as the members' watchdog, charged with protecting their interests and acting as a check on the board's authority.

See similar companies related to Federal Credit Union

What Skills Does a person Need at Federal Credit Union?

At Federal 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. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  2. 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.
  3. Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.
  4. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  5. Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

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Check more jobs information at Federal Credit Union

Job Title Average Federal Credit Union Salary Hourly Rate
2 Manager $87,800 $42
3 President $662,351 $318
4 Air Traffic Control Specialist $53,656 $26

Hourly Pay at Federal Credit Union

The average hourly pay at Federal Credit Union for a Chief Executive Officer is $318 per hour. The location, department, and job description all have an impact on the typical compensation for Federal Credit Union positions. The pay range and total remuneration for the job title are shown in the table below. Federal Credit Union may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $662,351 look to you?

FAQ about Salary and Jobs at Federal Credit Union

1. How much does Federal Credit Union pay per hour?
The average hourly pay is $318. 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 Federal Credit Union?
According to the data, the highest approximate salary is about $836,485 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 Federal Credit Union?
According to the data, the lowest estimated salary is about $505,457 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.