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Illinois Educators Credit Union! Salary

Illinois Educators Credit Union! Salary

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As of September 2026, the average annual salary for employees at Illinois Educators Credit Union! in the United States is $82,127. This translates to an approximate hourly wage of $39. Salaries at Illinois Educators Credit Union! typically range from $72,044 to $93,064 annually, reflecting the diverse roles and experience levels within the company.
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Is Illinois Educators Credit Union!’s Pay Competitive? Salary Benchmarking Analysis

How does Illinois Educators 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
Heartland Business Services LLC $86,610
+5.5%
Influenced by prevailing union wage agreements specific to Heartland Business Services LLC's sector.
Merchant Processing Consultants $94,204
+14.7%
Driven by niche technical certifications required for Merchant Processing Consultants's specialized projects.
Equitus Mortgage Solutions $95,132
+15.8%
Data suggests Equitus Mortgage Solutions's workforce skews heavily towards veteran, high-tenure roles.
PRN Capital LLC $84,816
+3.3%
Supported by PRN Capital LLC's high-margin contracts allowing higher overhead.
Financial Services Industry $121,514
+48.0%
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.

How Illinois Educators Credit Union!'s Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Illinois Educators Credit Union!. Click a company name to learn more.

Employee Reviews: Working at Illinois Educators Credit Union!

Considering a career at Illinois Educators 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.
This financial institution provides employees with best-in-class technology resources. The company provides reliable employment with comprehensive benefits, but the work environment can feel bureaucratic. Team celebrations recognize milestones. We're empowered to make reasonable exceptions. Management invests in employee development programs.
Commented in May 25, 2025
48
1
Collaboration is present and it is somehow encouraged beyond necessity. Everyone is willing to help each other out, creating a positive and productive workplace atmosphere daily. Office environment promotes productivity and comfort. Employees across multiple regions—the firm fosters a close-knit culture. Tools and resources are modern and effective. Working here has been rewarding due to strong su...
Commented in February 26, 2025
22
0
The company's strong reputation in the industry makes me proud to work here. Excellent internal mobility and training. Benefits are comprehensive and competitive, with an emphasis on health and retirement plans. Flexible scheduling supports personal commitments, helping maintain balance.
Commented in February 05, 2024
10
0

Illinois Educators Credit Union! Overview

Website
www.iecumember.org
Founded In
1938
Employees
<25 employees
Industry
Financial Services
Headquarter Address
3101 Montvale Dr Springfield Illinois IL 62704
Revenue
<$5 Million
Phone Number
+1 2175282642
Social Media
About Illinois Educators Credit Union!
Illinois Educators Credit Union is a member-owned, not-for-profit financial cooperative. Credit Unions serve members who share something in common, such as an employer. Voluntary membership is available to all who are within the field of membership and is the common bond that unites all members of a credit union. We are proud of our Credit Union and the products and services that we offer our memb

What Benefits Does Illinois Educators Credit Union! Offer Beyond Salary?

A competitive compensation package is more than just a salary. Illinois Educators 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)
Work at Illinois Educators Credit Union!?
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What Is the Cost of Living Near Springfield?

Understanding the cost of living near Springfield is key to truly evaluating a salary offer or your current compensation at Illinois Educators Credit Union!.
Springfield's Cost of Living Index is approximately 80.3 (19.7% less expensive than US average; 14.4% less than IL average). State capital, historic (Lincoln), very affordable housing. SMTD bus. When planning your budget based on a salary from Illinois Educators Credit Union!, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $750 - $1,150+ A significant portion of Illinois Educators Credit Union! salary. Location choices impact this heavily.
Utilities (Basic) $160 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (SMTD monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,970 - $3,180+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Illinois Educators Credit Union!

1. How much does an Illinois Educators Credit Union! employee make?

Illinois Educators Credit Union! pays its employees an average of $82,127 per year. The average salary at Illinois Educators Credit Union! range from $72,044 to $93,064 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Illinois Educators Credit Union!?

The salary at Illinois Educators Credit Union! is lesser than the similar company. The average annual salary at Illinois Educators Credit Union! is $82,127, or an hourly wage of $39, in comparison to Heartland Business Services LLC which pays $86,610 per year or $42 per hour.

3. How much does a Chief Executive Officer typically earn at Illinois Educators Credit Union!?

A Chief Executive Officer at Illinois Educators Credit Union! typically earns an average annual base salary of around $635,733, with a general range of $485,214 to $802,925.

4. Do employees with advanced degrees (Master's, PhD) earn more at Illinois Educators Credit Union!?

In many roles at Illinois Educators Credit Union!, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Springfield affect the perceived value of a Illinois Educators Credit Union! salary?

Springfield's Cost of Living Index is approximately 80.3 (19.7% less expensive than US average; 14.4% less than IL average). This significantly impacts the purchasing power of a salary from Illinois Educators Credit Union! based there. Our "Cost of Living Insights for Springfield" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Illinois Educators Credit Union! typically offer employees?

Illinois Educators Credit Union! generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Illinois Educators Credit Union!" section on this page.

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