52213/Credit Unions
US businesses, employees and payroll, 2017 to 2023
349K
employees, 2023
349K
employees, 2023
In 2023, 19,605 US Credit Unions business locations employed 348,545 people and paid $25.5 billion in annual payroll, $73,279 per employee on average. Employment was up 6.1% from 2022. California had the most employees.
Updated Oct 9, 2026 · data year 2023
Business locations
19,605
0.0% vs 2022
Employees
348,545
+6.1% vs 2022
Annual payroll
$25.5B
+11.1% vs 2022
Average pay
$73,279
+4.7% vs 2022
Over the years
United States, 2017 to 2023
Employees
Paid employees in mid-March
Business locations
Places with paid employees
By state
Employees of Credit Unions in each state, 2023
Employees by state
States with the most employees
Employees and the share of all the state's jobs
| State | Business locations | Employees | Average pay | Share of state jobs |
|---|---|---|---|---|
| California | 1,490 | 32,000 | $88,525 | 0.20% |
| Florida | 1,068 | 28,960 | $73,710 | 0.29% |
| Texas | 1,503 | 27,927 | $70,138 | 0.23% |
| Virginia | 525 | 18,973 | $99,713 | 0.53% |
| Michigan | 1,081 | 17,655 | $63,753 | 0.44% |
| New York | 887 | 15,867 | $75,147 | 0.18% |
| Washington | 603 | 12,850 | $88,660 | 0.42% |
| North Carolina | 623 | 12,747 | $68,205 | 0.30% |
| Wisconsin | 581 | 11,475 | $65,278 | 0.43% |
| Pennsylvania | 817 | 11,100 | $66,831 | 0.19% |
| Utah | 445 | 9,344 | $61,217 | 0.59% |
| Ohio | 641 | 9,055 | $63,580 | 0.18% |
| Illinois | 531 | 8,858 | $72,699 | 0.16% |
| Indiana | 586 | 8,031 | $62,891 | 0.27% |
| Oregon | 366 | 7,628 | $84,423 | 0.45% |
The 15 states with the most employees. Download the CSV for all 51.
Top metro areas
Metro and micro areas with the most Credit Unions employees, 2023
Metro areas with the most employees
| Metro area | Locations | Employees | Average pay |
|---|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 295 | 11,950 | $119,016 |
| Los Angeles-Long Beach-Anaheim, CA | 413 | 10,871 | $95,762 |
| Pensacola-Ferry Pass-Brent, FL | 61 | 10,232 | $77,388 |
| New York-Newark-Jersey City, NY-NJ | 418 | 6,784 | $83,282 |
| Detroit-Warren-Dearborn, MI | 334 | 5,979 | $66,430 |
| San Antonio-New Braunfels, TX | 135 | 5,807 | $83,037 |
| Boston-Cambridge-Newton, MA-NH | 291 | 5,727 | $79,025 |
| Houston-Pasadena-The Woodlands, TX | 307 | 5,280 | $68,665 |
| Seattle-Tacoma-Bellevue, WA | 237 | 5,066 | $100,222 |
| Chicago-Naperville-Elgin, IL-IN | 292 | 4,701 | $81,610 |
| Portland-Vancouver-Hillsboro, OR-WA | 204 | 4,674 | $90,979 |
| Dallas-Fort Worth-Arlington, TX | 265 | 4,451 | $79,632 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | 289 | 4,355 | $72,809 |
| Tampa-St. Petersburg-Clearwater, FL | 161 | 4,347 | $78,082 |
| Atlanta-Sandy Springs-Roswell, GA | 198 | 4,148 | $78,585 |
Business size
US Credit Unions business locations by number of employees, 2023
Locations by size
| Employees | Locations | Share |
|---|---|---|
| Under 5 | 5,377 | 27.4% |
| 5 to 9 | 7,594 | 38.7% |
| 10 to 19 | 4,052 | 20.7% |
| 20 to 49 | 1,546 | 7.9% |
| 50 to 99 | 497 | 2.5% |
| 100 to 249 | 368 | 1.9% |
| 250 to 499 | 123 | 0.6% |
| 500 to 999 | 37 | 0.2% |
| 1,000 or more | 11 | 0.1% |
Related industries
Credit Unions and the 1 industry directly below it
Part of Finance and Insurance 52Credit Intermediation and Related Activities 522Depository Credit Intermediation 5221
| Code | Industry | Employees | Average pay |
|---|---|---|---|
| 522130 | Credit Unions | 348,545 | $73,279 |
Questions and answers
How many people work in Credit Unions in the US?
348,545 people worked at 19,605 US Credit Unions business locations in 2023, up 6.1% from 2022. That is 0.25% of all US private-sector employees.
What is the average pay in Credit Unions?
$73,279 a year per employee in 2023, from $25.5 billion in annual payroll (up 4.7% from 2022). The average across all US industries was $68,342.
Which state has the most Credit Unions jobs?
California had the most, with 32,000 employees in 2023, followed by Florida (28,960) and Texas (27,927).
Which metro areas have the most Credit Unions jobs?
Washington-Arlington-Alexandria, DC-VA-MD-WV (11,950), Los Angeles-Long Beach-Anaheim, CA (10,871), Pensacola-Ferry Pass-Brent, FL (10,232) had the most Credit Unions employees in 2023.
Are most Credit Unions businesses small?
86.8% of the 19,605 Credit Unions business locations had fewer than 20 employees in 2023, and 48 had 500 or more.
Official US government statistics, published once a year. Business locations are places with paid employees; employees are counted in mid-March; payroll covers the whole year. Covers most private employers, not the self-employed, most government workers or farm workers on farms. * Less accurate: changed by 5% or more to protect privacy. Changes from the year before are shown only when both years use the same edition of the industry codes.