Credit Union Asset to Employee Ratio (Q3-2023)

Written By Tyler Hart

NCUA 5300 Call Report data for quarter three of 2023 shows a strong correlation (Spearman RCC = 0.946) between credit union total assets and number of employees.

Credit union assets to employees ratio for Q3-2023

On average, credit unions employed about 156 employees per billion dollars in assets in Q3-2023.

Average employees per $1B in assets over time

I’m looking forward to the release of Q4-2023 data. It will be interesting to see the impact of continued high interest rates on average employee count.

Tyler Hart

Tyler Hart is a networking and security professional who started working in technology in 2002 with the US DoD and moved to the private sector in 2010. He holds a Business degree in IT Management, as well as the CISSP certification and others from Microsoft, CompTIA, Cisco, (ISC)2, Tenable Network Security, and more. For over 15 years he has worked and consulted with large and small organizations including hospitals and clinics, ISPs and WISPs, U.S. Defense organizations, and state and county governments.

https://www.manitonetworks.com
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Credit Union Membership (Q3-2023)