Saco Valley Credit Union Salary

As of September 2026, the average annual salary for employees at Saco Valley Credit Union in the United States is $86,705. This translates to an approximate hourly wage of $42. Salaries at Saco Valley Credit Union typically range from $76,048 to $98,246 annually, reflecting the diverse roles and experience levels within the company.
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Is Saco Valley Credit Union’s Pay Competitive? Salary Benchmarking Analysis

How does Saco Valley 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
Howard Global Holdings $101,619
+17.2%
Driven by niche technical certifications required for Howard Global Holdings's specialized projects.
St John's Health Foundation $80,639
-7.0%
St John's Health Foundation may offer non-monetary perks in lieu of competitive base salaries.
QUIMERA Hg $89,099
+2.8%
Confirms QUIMERA Hg is a direct competitor vying for the exact same talent pool.
EMB Lenders Inc $85,935
-0.9%
Indicates identical technical requirements and experience levels between the two firms.
Financial Services Industry $121,514
+40.1%
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 Saco Valley Credit Union

Considering a career at Saco Valley 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.
It’s a solid company for those who value structure over flexibility or dynamic projects. Job roles are clearly defined, which helps avoid confusion. Schedules are predictable, and responsibilities are well-structured. What impresses me most is how the company balances traditional financial rigor with digital transformation initiatives.
With employees across various specialties, knowledge sharing happens organically. Training programs exist but are inconsistent. It’s a place where relationships matter, and that makes coming to work enjoyable every day. Policies are well documented, but application varies by department. I appreciate the company’s commitment to employee development and continuous learning. This company provides a p...
Since joining, I've been impressed with the company’s structure and support systems. Thoughtful placement reduces daily stress. Employee satisfaction is decent, though recognition programs are limited. There’s room to explore side projects and propose changes. Collaborative culture fosters professional growth and innovation.

Saco Valley Credit Union Overview

Website
www.sacovalley.org
Founded In
1947
Employees
<25 employees
Industry
Financial Services
Headquarter Address
PO Box 740 Saco Maine ME 04072
Revenue
$5 Million - $10 Million
Phone Number
+1 2072821601
Social Media
About Saco Valley Credit Union
Saco Valley is a not-for-profit, member-owned financial cooperative. Our mission is to provide quality financial services to our members in a personal, friendly and efficient manner, while maintaining financial stability. As a democratic member-owned financial institution, we exist to serve our members. That's why we can provide quality services at affordable prices. At Saco Valley Credit Union, y

What Benefits Does Saco Valley Credit Union Offer Beyond Salary?

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

Understanding the cost of living near Saco is key to truly evaluating a salary offer or your current compensation at Saco Valley Credit Union.
Saco's Cost of Living Index is approximately 103.5 (3.5% more expensive than US average; 2.0% more than ME average). Southern ME coastal city, paired with Biddeford, housing near US avg. BSOOB Transit, ShuttleBus, Amtrak. When planning your budget based on a salary from Saco Valley Credit Union, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Saco Valley Credit Union salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (BSOOB/ShuttleBus monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $710+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,680 - $4,190+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Saco Valley Credit Union

1. How much does a Saco Valley Credit Union employee make?

Saco Valley Credit Union pays its employees an average of $86,705 per year. The average salary at Saco Valley Credit Union range from $76,048 to $98,246 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 Saco Valley Credit Union?

The salary at Saco Valley Credit Union is lesser than the similar company. The average annual salary at Saco Valley Credit Union is $86,705, or an hourly wage of $42, in comparison to Howard Global Holdings which pays $101,619 per year or $49 per hour.

3. How much does a President & Chief Executive Officer typically earn at Saco Valley Credit Union?

A President & Chief Executive Officer at Saco Valley Credit Union typically earns an average annual base salary of around $671,169, with a general range of $512,184 to $847,637.

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

In many roles at Saco Valley 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 Saco affect the perceived value of a Saco Valley Credit Union salary?

Saco's Cost of Living Index is approximately 103.5 (3.5% more expensive than US average; 2.0% more than ME average). This significantly impacts the purchasing power of a salary from Saco Valley Credit Union based there. Our "Cost of Living Insights for Saco" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Saco Valley Credit Union typically offer employees?

Saco Valley 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 Saco Valley Credit Union" section on this page.