Credit union manager vs bank manager

The differences between credit union managers and bank managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a credit union manager and a bank manager. Additionally, a credit union manager has an average salary of $154,238, which is higher than the $96,910 average annual salary of a bank manager.

The top three skills for a credit union manager include member service, loan applications and financial institutions. The most important skills for a bank manager are bank products, financial services, and business development.

Credit union manager vs bank manager overview

	Credit Union Manager	Bank Manager
Yearly salary	$154,238	$96,910
Hourly rate	$74.15	$46.59
Growth rate	17%	17%
Number of jobs	53,180	66,136
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 74%	Bachelor's Degree, 64%
Average age	46	46
Years of experience	8	8

Credit union manager vs bank manager salary

Credit union managers and bank managers have different pay scales, as shown below.

	Credit Union Manager	Bank Manager
Average salary	$154,238	$96,910
Salary range	Between $102,000 And $231,000	Between $65,000 And $142,000
Highest paying City	-	San Francisco, CA
Highest paying state	-	California
Best paying company	-	Accenture
Best paying industry	-	Finance

Differences between credit union manager and bank manager education

There are a few differences between a credit union manager and a bank manager in terms of educational background:

	Credit Union Manager	Bank Manager
Most common degree	Bachelor's Degree, 74%	Bachelor's Degree, 64%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Credit union manager vs bank manager demographics

Here are the differences between credit union managers' and bank managers' demographics:

	Credit Union Manager	Bank Manager
Average age	46	46
Gender ratio	Male, 37.8% Female, 62.2%	Male, 48.9% Female, 51.1%
Race ratio	Black or African American, 8.2% Unknown, 4.1% Hispanic or Latino, 14.9% Asian, 7.7% White, 64.7% American Indian and Alaska Native, 0.3%	Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.7% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between credit union manager and bank manager duties and responsibilities

Credit union manager example responsibilities.

Supervise staff of 20-30 credit professionals managing an $80 - $100 million A/R portfolio consistently exceeding aging goals.
Balance and keypunch payroll deductions.
Work with secure transactions, including UCC financing statements and security agreements.

Bank manager example responsibilities.

Manage a portfolio in various stages of workout including liquidation, refinancing, restructure, rehabilitation, bankruptcy and litigation.
Collaborate with corporate training designers and facilitators to plan, develop and execute AML and KYC relate training.
Handle escalations in the absence of the FCM; ensure enterprise complaint tracking own resource management for the financial center.
Team up with FCM and regional recruiter in interview and hiring process.
Perform other jobs and relate projects as assigned including mentoring sales employees to exceed assign goals by Bancorp.
Monitor all banking operations according to the federal rules and regulations, including performing monthly audits, and following Bancorp standards.

Credit union manager vs bank manager skills

Common credit union manager skills

Member Service, 15%
Loan Applications, 12%
Financial Institutions, 12%
Cash Management, 10%
Credit Unions, 9%
Payroll, 7%

Common bank manager skills

Bank Products, 7%
Financial Services, 7%
Business Development, 6%
Secrecy, 6%
Bank Secrecy Act, 6%
Community Involvement, 5%