Lafcu Salary

Lafcu Salary

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As of April 2026, the average annual salary for employees at Lafcu in the United States is $93,318. This translates to an approximate hourly wage of $45. Salaries at Lafcu typically range from $81,794 to $105,867 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Lafcu

Ready for your next career move? Explore current job openings at Lafcu. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Lafcu’s Pay Competitive? Salary Benchmarking Analysis

How does Lafcu'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
Clearwater Federal Credit Union $79,711
-14.6%
Clearwater Federal Credit Union focuses strategically on recruiting and training entry-level apprentices.
BrightStar Credit Union $95,354
+2.2%
Suggests BrightStar Credit Union utilizes a highly similar base-plus-benefits compensation model.
Nordic Houseware Group $104,531
+12.0%
Data suggests Nordic Houseware Group's workforce skews heavily towards veteran, high-tenure roles.
98 Ibew Federal Credit Union $104,594
+12.1%
Influenced by prevailing union wage agreements specific to 98 Ibew Federal Credit Union's sector.
Financial Services Industry $121,514
+30.2%
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 Lafcu's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Lafcu

Considering a career at Lafcu? 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.
Being part of a team that drives meaningful financial solutions for clients worldwide is both challenging and deeply fulfilling. Some departments feel isolated. It’s a reliable and forward-thinking workplace with a strong foundation in the financial services sector. Employees are informed and it is somehow frequently consulted.
Commented in March 11, 2025
12
3
Leadership is respectful but maintains a formal, hierarchical structure. Inclusive and respectful workplace. Benefits are robust, with excellent healthcare, retirement plans, and wellness initiatives. Great leadership team. It’s a stable, rewarding environment with a positive long-term outlook.
Commented in February 26, 2025
36
0
Training sessions existand it is somewhat comprehensive or up-to-date. Career aspirations are discussed openly. It's inspiring to work for an organization that values and leverages differences to drive better business outcomes. The company’s mission and values are reflected in daily work. The leadership is strategic and open to employee feedback, which fosters a positive atmosphere. Leadership is...
Commented in November 14, 2024
35
3
There's a strong emphasis on delivering quality service to our clients, and this shared commitment brings a sense of pride to our work. Overall, it’s a dynamic workplace where dedication and results are recognized and rewarded. This organization excels in providing professional development and clear career pathways.
Commented in March 04, 2024
23
1

Lafcu Overview

Website
www.lafcu.com
Founded In
1936
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Address
PO Box 26188 Lansing Michigan MI 48909
Revenue
$10 Million - $50 Million
Phone Number
+1 5176226600
Social Media
About Lafcu
Chartered in 1936, LAFCU is a not-for-profit financial cooperative open for membership to anyone who lives, works, worships or attends school in Michigan and to businesses and other entities located in Michigan. The credit union serves more than 68,000 members and holds over $942 million in assets. It was named a Best Credit Union to Work For in 2020. LAFCU offers a comprehensive range of financia

What Benefits Does Lafcu Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lafcu 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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What Is the Cost of Living Near Lansing?

Understanding the cost of living near Lansing is key to truly evaluating a salary offer or your current compensation at Lafcu.
Lansing's Cost of Living Index is approximately 83.1 (16.9% less expensive than US average; 8.0% less than MI average). State capital (Michigan State Univ. nearby), affordable housing. CATA bus. When planning your budget based on a salary from Lafcu, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of Lafcu salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (CATA monthly pass, free for MSU) 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 $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,010 - $3,200+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lafcu

1. What is the typical salary range (low to high) for most roles at Lafcu?

The typical annual salary range for most roles at Lafcu is approximately from $81,794 to $105,867. 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. How much does Lafcu pay compared to Clearwater Federal Credit Union?

The average annual salary at Lafcu is $93,318, or an hourly wage of $45, in comparison to Clearwater Federal Credit Union which pays $79,711 per year or $38 per hour.

3. Do salaries differ significantly between departments at Lafcu?

Yes, salaries often differ between departments at Lafcu 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. How does experience level affect salary at Lafcu?

Experience level is a significant factor in determining salary at Lafcu, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Lafcu in Lansing is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at Lafcu?

Several key factors influence salary levels at Lafcu. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Lafcu likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.

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