Seattle Metropolitan Credit Union provides a full spectrum of financial products and services for over 40,000 members in the Puget Sound area and beyond. As a not-for-profit financial cooperative with nearly $600 million in assets, SMCU returns profits to its members in the form of lower loan rates, higher savings rates, fewer fees, and innovative products and services. We are dedicated to giving back to the communities we've been serving since 1933 by living the 7 Cooperative Principles. The act of giving back and working hard for each and every member is what makes working for Seattle Metropolitan so rewarding.
At Seattle Metropolitan, we understand how valuable our employees are to the success of the credit union. After all, it is our staff members who directly provide the excellent service our membership expects and deserves.
SMCU provides competitive base pay to our staff members - and we regularly monitor our Base Pay Program to ensure we remain competitive. On each employment anniversary, staff is eligible to earn merit increases based on their performance.
SMCU provides incentive awards to staff who meet or exceed service targets and organizational performance goals.
SMCU provides a complete healthcare benefit package to all full-time and part-time employees: medical, dental, vision, long & short term disability, life/AD&D and an employee assistance program. SMCU pays 100% of an employee's premiums for these coverages. Employees may add their dependent spouse or domestic partner and/or children to our medical and dental plans. SMCU pays for 50% of the premium expense for full-time employees' family members added to these plans and 25% of the premium expense for part-time employees' family members.
SMCU staff may contribute up to $16,500 per year of their pre-tax income to our 401(k) retirement plan. SMCU matches half of each staff member's elected contribution, 4% maximum and is vested after 3 years of service. Additionally, SMCU offers a profit sharing program based on company performance.
SMCU is committed to training employees, and we have two full-time trainers to do so. Our training department handles technical and workplace skills training.
SMCU provides an ORCA Card which is 100% subsidized transportation to all staff members for bus, central link light rail, and/or ferry transportation expenses that they incur from their commute to work.
Each Fall, SMCU brings a registered nurse to our work site and invites staff to get free flu shots at the company's expense.
Staff accrues paid personal leave on a monthly basis to cover vacations and sick leave. In the first year of employment, staff accrue one and a half days of personal leave each month (18 days/year for full-time staff, 9 days/year for part-time staff). After every five years of employment the Personal Leave accrual rate increases. Staff members also accrue three floating holidays per year (one and a half floating holidays for part-time staff).
SMCU provides up to $2,000 per year ($1,000 for part-timers) in tuition reimbursement to staff members attending college/university courses in their pursuit of a degree.
Our staff enjoy special SMCU membership privileges, including waived fees for numerous credit union services.
SMCU observes nine federal holidays each year.