Credit union manager vs cash manager

The differences between credit union managers and cash 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 cash manager. Additionally, a credit union manager has an average salary of $154,238, which is higher than the $93,363 average annual salary of a cash manager.

The top three skills for a credit union manager include member service, loan applications and financial institutions. The most important skills for a cash manager are customer service, cash management, and treasury.

Credit union manager vs cash manager overview

	Credit Union Manager	Cash Manager
Yearly salary	$154,238	$93,363
Hourly rate	$74.15	$44.89
Growth rate	17%	17%
Number of jobs	53,180	60,517
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 cash manager salary

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

	Credit Union Manager	Cash Manager
Average salary	$154,238	$93,363
Salary range	Between $102,000 And $231,000	Between $66,000 And $130,000
Highest paying City	-	Redding, CA
Highest paying state	-	California
Best paying company	-	PVH
Best paying industry	-	Manufacturing

Differences between credit union manager and cash manager education

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

	Credit Union Manager	Cash 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 cash manager demographics

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

	Credit Union Manager	Cash Manager
Average age	46	46
Gender ratio	Male, 37.8% Female, 62.2%	Male, 38.2% Female, 61.8%
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, 8.0% Unknown, 4.1% Hispanic or Latino, 15.5% Asian, 8.0% White, 64.1% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between credit union manager and cash 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.

Cash manager example responsibilities.

Lead and implement design of finance functions of new ERP system.
Manage day-to-day operational processing of securities lending program along with performing frequent analysis and audits for management reporting.
Process weekly ACH sweeps from depository accounts to corporate, wire transfers and other banking functions using PC.
Convert the in house manual system to an ADP ERP system.
Report bi-weekly on Sarbanes-Oxley relate to credits, debits and manual price adjustments.
Research and application of all GAAP policies and procedures as they pertain to the business.

Credit union manager vs cash 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 cash manager skills

Customer Service, 32%
Cash Management, 10%
Treasury, 6%
Financial Statements, 4%
Reconciliations, 4%
ACH, 3%