Credit Unions Lag in Employee Efficiency

A study by Moebs Services found that credit unions lag behind banks and thrifts in employee efficiency.

The study looked at assets per employee at banks, thrifts, and credit unions.

Moebs Services found that assets per employee were $9.7 million at thrifts, $8.8 million at banks, and $5.0 million at credit unions.

According to Moebs Services, credit unions with between $5 billion and $10 billion in assets are the most efficient with assets per employee of $7.1 million per employee. Banks and thrifts with between $25 billion and $50 billion in assets were the most efficient with assets per employee at $10.2 million per employee.