Preferred Credit Union Salary

Preferred Credit Union Salary

How much does the Preferred Credit Union Pay for employees?

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As of August 2026, the average annual salary for employees at Preferred Credit Union in the United States is $86,261. This translates to an approximate hourly wage of $41. Salaries at Preferred Credit Union typically range from $75,663 to $97,746 annually, reflecting the diverse roles and experience levels within the company. Preferred Credit Union’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Preferred Credit Union Pay for Different Roles?

Explore detailed salary information for specific jobs at Preferred Credit Union. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
How accurate does the salary look to you?

Current Job Openings at Preferred Credit Union

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

Is Preferred Credit Union’s Pay Competitive? Salary Benchmarking Analysis

How does Preferred Credit Union’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
150k
120k
90k
60k
30k
0
Average Salary ($/year)
Preferred Credit Union
Financial Services
Journey Advisory Group
The Commerce Bank of Oregon
Industry Comparison
Our data shows that, on average, compensation at Preferred Credit Union is below the average for the U.S. Financial Services industry by approximately 29%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Preferred Credit Union average annual salary with several similar companies. Preferred Credit Union average salary of $86,261 is higher than Journey Advisory Group, which has an average salary of $86,209. It is lower than The Commerce Bank of Oregon, with their average salary at $93,919. This places Preferred Credit Union in a mid-range position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How Preferred 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 Preferred Credit Union. Click a company name to learn more.

Employee Reviews: Working at Preferred Credit Union

Considering a career at Preferred 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 inspiring to work alongside such knowledgeable professionals in a culture that prioritizes both performance and personal growth. The environment is inclusive and diverse, which enriches teamwork and innovation. I’ve grown a lot here and feel that leadership truly invests in people. Cross-departmental projects are common, and employees are encouraged to share insights. Collaborative culture fo...
Commented in May 20, 2025
9
3
It’s an energizing place to work and thrive. The company is financially sound with well-defined roles. While the company offers good benefits and stable employment, the workload can be uneven and stressful.
Commented in March 24, 2025
34
3
From AI-driven analytics to seamless digital platforms, we have the tools to excel in our roles. Corporate social responsibility is authentic. Every team meeting feels purposeful and productive. Job roles are clearly defined, which helps avoid confusion. The benefits are generous, and the team culture promotes collaboration and respect, making it easy to stay motivated and engaged. Cross-functiona...
Commented in June 21, 2024
20
3

Preferred Credit Union Overview

Website
www.preferredcu.org
Founded In
1954
Employees
<25 employees
Industry
Financial Services
Headquarter Address
7473 Storey Rd Belding Michigan MI 48809
Revenue
$5 Million - $10 Million
Phone Number
+1 6167942505
Social Media
About Preferred Credit Union
Preferred Credit Union is a full service financial institution helping to serve the needs of those who work and live in our community. As your Preferred Financial Partner, our goal is to provide great member service while helping you save time and money on the products and services you need.

What Benefits Does Preferred Credit Union Offer Beyond Salary?

A competitive compensation package is more than just a salary. Preferred 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 Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at Preferred Credit Union.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from Preferred Credit Union, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Preferred Credit Union salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Preferred Credit Union

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

The typical annual salary range for most roles at Preferred Credit Union is approximately from $75,663 to $97,746. 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 Preferred Credit Union pay compared to Journey Advisory Group?

The average annual salary at Preferred Credit Union is $86,261, or an hourly wage of $41, in comparison to Journey Advisory Group which pays $86,209 per year or $41 per hour.

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

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

Experience level is a significant factor in determining salary at Preferred Credit Union, 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 Preferred Credit Union in Grand Rapids is fair given the local cost of living?

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

6. Why might an individual's actual salary at Preferred Credit Union differ from the ranges shown here?

An individual's actual salary at Preferred Credit Union can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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