Which credit union leads the way in accounts per full-time employee?

 
 

Another effective measure of a credit unions’ productivity is the accounts per employee ratio, which shows how many loan and share accounts are managed by each full-time employee at a credit union. The higher the ratio, the more productive the credit union is. Credit unions over $20 million in assets reported an average of 974 accounts per full-time employee in June 2013, which is in line with 975 accounts per full-time employee in the previous year.

Local Government ($1.3B, Raleigh, NC) led the nation in accounts per full-time employee, with its 92 employees each serving 5302 accounts on average in the second quarter of 2013. E&A ($278.4M, Port Huron, MI) came in second with 5221 accounts per a full-time employee. Good Samaritan ($24.9M, Sioux Falls, SD) rounded out the top three with 4 employees each managing 5080 accounts over the same period. 

LEADERS IN ACCOUNTS PER FULL-TIME EMPLOYEE
Data as of June 30, 2013 for Credit Unions Over $20M in Assets
© Callahan & Associates | www.creditunions.com

  Credit Union State

Accounts Per FTE

Loan Accounts Per FTE

Share Accounts Per FTE

Number of FTE

Total Assets
1 Local Government NC 5302 780 4523 92 $1,309,801,489
2 E&A MI 5221 606 4616 20 $278,406,561
3 Good Samaritan SD 5080 586 4494 4 $24,907,703
4 eCO educators & Community AL 4103 192 3910 37 $121,020,993
5 American Spirit DE 3593 1167 2426 15 $66,476,093
6 B&V KS 3350 714 2636 2 $65,114,045
7 PEF OH 3316 696 2621 2 $29,741,742
8 Harrison Police & Firemen's NJ 3185 550 2635 1 $21,937,691
9 Nephi Western Employees UT 2995 1009 1986 2 $28,531,702
10 Midwest Carpenters & Millwrights IN 2966 456 2511 10 $90,532,594

Generated by Callahan & Associates' Peer-to-Peer Analytics