First Class Credit Union Salary

As of September 2026, the average annual salary for employees at First Class Credit Union in the United States is $84,300. This translates to an approximate hourly wage of $41. Salaries at First Class Credit Union typically range from $73,950 to $95,527 annually, reflecting the diverse roles and experience levels within the company.
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Is First Class Credit Union’s Pay Competitive? Salary Benchmarking Analysis

How does First Class Credit Union's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Huizenga Capital Management $94,900
+12.6%
Adjusted for higher cost-of-living indices in Huizenga Capital Management's primary metro hubs.
Pionex $112,378
+33.3%
Reflects a supply-demand imbalance for the specific talent Pionex targets.
College Hockey Inc $95,364
+13.1%
Reflects structural premiums typical of College Hockey Inc's large-cap national operations.
Abacus Mortgage $90,344
+7.2%
Influenced by prevailing union wage agreements specific to Abacus Mortgage's sector.
Financial Services Industry $121,514
+44.1%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at First Class Credit Union

Considering a career at First Class Credit Union? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
There's genuine interest in employee well-being, and performance is fairly rewarded. Employee resource groups foster connections beyond work responsibilities. Every team meeting feels purposeful and productive. The open-door policy among leadership fosters trust and transparency.
Leadership is visionary, always pushing for innovation while maintaining stability. Work-life balance depends on the department and manager. Systems are modern and well-maintained, with IT support that actually responds quickly. Resources are ample, allowing us to focus on quality work rather than budget constraints. Professional membership fees are covered. The focus on sustainable productivity p...
Processes are smooth and well-documented. Cybersecurity training keeps us all vigilant. Training programs exist but vary in effectiveness and frequency. Our leadership team reflects the diversity we value. Collaboration occurs mostly within teams rather than company-wide.

First Class Credit Union Overview

Website
www.gofirstclass.org
Founded In
1925
Employees
<25 employees
Industry
Financial Services
Headquarter Address
2051 Westown Pkwy West Des Moines Iowa IA 50265
Revenue
<$5 Million
Phone Number
+1 5152244300
Social Media
About First Class Credit Union
First Class Credit Union is a full service financial institution with branches in Des Moines and West Des Moines offering a wide variety of services including savings, checking, loans, IRAs, CDs as well as a full complement of online financial services. First Class Credit Union has stood side-by-side with US Postal Employees since 1925, always ready and willing to meet the financial needs of its m

What Benefits Does First Class Credit Union Offer Beyond Salary?

A competitive compensation package is more than just a salary. First Class Credit Union offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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How Much Should You Be Earning?

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What Is the Cost of Living Near Des Moines?

Understanding the cost of living near Des Moines is key to truly evaluating a salary offer or your current compensation at First Class Credit Union.
Des Moines' Cost of Living Index is approximately 80.8 (19.2% less expensive than US average; 10.1% less than IA average). State capital, affordable housing, growing. DART bus. When planning your budget based on a salary from First Class Credit Union, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of First Class Credit Union salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $48 (DART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,078 - $3,328+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of First Class Credit Union

1. What is the estimated average total compensation at First Class Credit Union?

Salary.com estimates that the average total compensation package at First Class Credit Union, which can include base salary, potential bonuses, and benefits, is around $84,300 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does First Class Credit Union pay compared to Huizenga Capital Management?

The average annual salary at First Class Credit Union is $84,300, or an hourly wage of $41, in comparison to Huizenga Capital Management which pays $94,900 per year or $46 per hour.

3. Do salaries differ significantly between departments at First Class Credit Union?

Yes, salaries often differ between departments at First Class Credit Union due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at First Class Credit Union?

Salary progression from an entry-level to a senior role at First Class Credit Union can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from First Class Credit Union in Des Moines is fair given the local cost of living?

To determine if a salary offer from First Class Credit Union in Des Moines is fair, first compare the gross salary to our data for similar roles at First Class Credit Union and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Des Moines" to understand its purchasing power.

6. Are promotions at First Class Credit Union usually accompanied by a significant salary increase?

Yes, promotions at First Class Credit Union are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.