Torrington Municipal And Teachers Federal Credit Union President & Chief Executive Officer Salary

President & Chief Executive Officer Salary at Torrington Municipal And Teachers Federal Credit Union BETA

How much does a Torrington Municipal And Teachers Federal Credit Union President & Chief Executive Officer make?

$741,307 /year

As of April 2025, the average annual salary for a President & Chief Executive Officer at Torrington Municipal And Teachers Federal Credit Union is $741,307, which translates to approximately $356 per hour. Salaries for President & Chief Executive Officer at Torrington Municipal And Teachers Federal Credit Union typically range from $565,754 to $936,219, 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.

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Torrington Municipal and Teachers Federal Credit Union Overview

Price a Job for my company
Website:
tmtfcu.org
Size:
<25 Employees
Revenue:
<$5M
Industry:
Financial Services

Torrington Municipal and Teachers Federal Credit Union, (TMTFCU) is a not-for-profit financial cooperative. Unlike banks, a credit union's profits go back to its members in the form of higher yields on savings accounts, and lower rates on loans. We are a community based credit union that serves anyone who lives, works or goes to school in Litchfield County. All businesses are entitled to membership, and can offer credit union membership as a free benefit to their employees. We are a full service financial institution with the ability to offer a large variety of products and services at a low cost to our members. TMTFCU will never charge you $3.00 - $5.00 to complete a face to face transaction with one of our frontline staff. Your interest rate will never increase on your credit card because you've made your payment one day late, and you will never be charged a fee to make your loan payments! Our philosophy of people helping people shows in our products, services and staff. Once you join TMTFCU, you are a member for life. Our goal is to be your primary financial institution. We are your neighbors. You see us volunteering in the community.

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What Skills Does a person Need at Torrington Municipal And Teachers Federal Credit Union?

At Torrington Municipal And Teachers 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.
See More Skills

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Check more jobs information at Torrington Municipal And Teachers Federal Credit Union

Job Title Average Torrington Municipal And Teachers Federal Credit Union Salary Hourly Rate
2 Accounting $43,582 $21
3 Loan Specialist $63,984 $31

Hourly Pay at Torrington Municipal And Teachers Federal Credit Union

The average hourly pay at Torrington Municipal And Teachers Federal Credit Union for a President & Chief Executive Officer is $356 per hour. The location, department, and job description all have an impact on the typical compensation for Torrington Municipal And Teachers Federal Credit Union positions. The pay range and total remuneration for the job title are shown in the table below. Torrington Municipal And Teachers Federal Credit Union may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $741,307 look to you?
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FAQ about Salary and Jobs at Torrington Municipal And Teachers Federal Credit Union

1. How much does Torrington Municipal And Teachers Federal Credit Union pay per hour?
The average hourly pay is $356. 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 Torrington Municipal And Teachers Federal Credit Union?
According to the data, the highest approximate salary is about $936,219 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 Torrington Municipal And Teachers Federal Credit Union?
According to the data, the lowest estimated salary is about $565,754 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.