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Credit Intermediation and Related Activities: NAICS 522

About the Credit Intermediation and Related Activities subsector

The credit intermediation and related activities subsector is part of the finance and insurance sector.

Industries in the Credit Intermediation and Related Activities subsector group establishments that (1) lend funds raised from depositors; (2) lend funds raised from credit market borrowing; or (3) facilitate the lending of funds or issuance of credit by engaging in such activities as mortgage and loan brokerage, clearinghouse and reserve services, and check cashing services.

North American Industry Classification System

The credit intermediation and related activities subsector consists of these industry groups:

Depository Credit Intermediation: NAICS 5221
Nondepository Credit Intermediation: NAICS 5222
Activities Related to Credit Intermediation: NAICS 5223

Workforce Statistics

This section provides information relating to employment in credit intermediation and related activities. These data are obtained from employer or establishment surveys. The following tables present an overview of the industry including the number of jobs, data for occupations common to the industry, and projections of occupational employment change.

Employment


Data series	Mar. 2025	Apr. 2025	May 2025	Jun. 2025
Employment (in thousands)
Employment, all employees (seasonally adjusted)	2,555.8	2,556.2	(p)2,558.4	(p)2,557.6
Employment, production and nonsupervisory employees	1,895.6	1,898.1	(p)1,905.8
Footnotes (p) Preliminary

(Source: Current Employment Statistics)

Employment by Occupation


Data series	Employment, 2024
Customer service representatives	158,620
Financial managers	133,730
Loan interviewers and clerks	137,900
Loan officers	234,640
Tellers	326,730

(Source: Occupational Employment and Wage Statistics)

Projections

For projected (future) employment estimates, see the National Employment Matrix, which includes employment estimates by industry and occupation for credit intermediation and related activities.

(Source: Office of Occupational Statistics and Employment Projections)

Earnings and Hours

This section presents data on employee earnings and weekly hours. The latest industry averages of hourly earnings and weekly hours are shown. In addition, recent hourly and annual earnings are shown for occupations commonly found in credit intermediation and related activities. This section also contains information on the average cost of benefits paid by employers, as well as recent rates of change in wages and total compensation.

Earnings and Hours of All Employees


Data series	Feb. 2025	Mar. 2025	Apr. 2025	May 2025
Average hourly earnings	$49.20	$48.99	$48.41	(p)$49.17
Average weekly hours	39.5	39.6	38.6	(p)38.3
Footnotes (p) Preliminary

(Source: Current Employment Statistics)

Earnings and Hours of Production and Nonsupervisory Employees


Data series	Feb. 2025	Mar. 2025	Apr. 2025	May 2025
Average hourly earnings	$33.09	$33.17	$33.46	(p)$33.95
Average weekly hours	39.1	39.0	38.5	(p)38.3
Footnotes (p) Preliminary

(Source: Current Employment Statistics)

Earnings by Occupation


Data series	Wages, 2024
	Hourly		Annual
	Median	Mean	Median	Mean
Customer service representatives	22.61	22.99	47,020	47,820
Financial managers	62.44	73.65	129,870	153,190
Loan interviewers and clerks	23.39	24.41	48,660	50,770
Loan officers	35.26	40.38	73,330	83,990
Tellers	18.86	19.65	39,230	40,880

(Source: Occupational Employment and Wage Statistics)

Employee Benefits

This section presents data on the incidence (the percentage of workers with access to and participation in employer-provided benefit plans) and provisions of selected employee benefits from the National Compensation Survey. More Benefits estimates are also accessible from the Benefits database, the archived NCS publications page, and the complete Employee Benefits Excel dataset (XLSX).


Data series	Access		Participation
Data series	Back data	2024	Back data	2024
Private industry
Retirement benefit plans		98		90
Defined benefit plans		49		21
Defined contribution plans		97		88

(Source: Employee Benefits in the United States)


Data series	After 1 year of service		After 20 years of service
Data series	Back data	2024	Back data	2024
Mean number of vacation days for private industry workers without consolidated leave plans		14		20

(Source: Employee Benefits in the United States)


Data series	Back data	2024
Percent of private industry workers with access to employer-sponsored benefits
Health care		97
Paid vacation		98
Paid sick leave		98

(Source: Employee Benefits in the United States)

Employer Compensation Costs


Data series	2nd quarter 2024	3rd quarter 2024	4th quarter 2024	1st quarter 2025
Private industry
12-month percent change
Total compensation	4.4%	3.1%	4.3%	5.1%
Wages and salaries	4.2%	2.2%	3.1%	2.9%
3-month percent change
Total compensation	1.3%	0.1%	1.2%	2.4%
Wages and salaries	1.2%	-0.3%	1.0%	1.0%

(Source: Compensation Cost Trends)


Data series	Private industry
	Compensation component ($ per hour worked)		Percent of total compensation
	Back data	1st quarter 2025	Back data	1st quarter 2025
Total compensation		66.59		100.0
Wages and salaries		42.18		63.4
Total benefits		24.40		36.6
Insurance		6.10		9.2
Retirement		2.66		4.0
Paid leave		6.30		9.5

(Source: Compensation Cost Trends)

Work-related Fatalities, Injuries, and Illnesses

This section presents data for the industry on the number of workplace fatalities and the rates of workplace injuries and illnesses per 100 full-time workers in credit intermediation and related activities. An injury or illness is considered to be work-related if an event or exposure in the work environment either caused or contributed to the resulting condition or significantly aggravated a pre-existing condition.


Data series	2020	2021	2022	2023
Fatalities
Number of fatalities				15
There was a series break beginning with 2023 data due to NAICS 2022. Data for years prior to 2023 are available at www.bls.gov/iif.


Data series	2023
Rate of injury and illness cases per 100 full-time workers
Total recordable cases	0.4
Cases involving days away from work, job restriction, or transfer	0.2
Cases involving days away from work	0.1
Cases involving days of job transfer or restriction	0.1
Blank cells indicate no data reported or data that do not meet publication criteria.

(Source: Injuries, Illnesses, and Fatalities)

Workplace Trends

This section presents data on the number of establishments in credit intermediation and related activities.

Establishments


Data series	1st quarter 2024	2nd quarter 2024	3rd quarter 2024	4th quarter 2024
Number of establishments
Private industry	(p)194,418	(p)193,888	(p)193,804	(p)193,558
Local government	(p)51	(p)50	(p)51	(p)50
State government	(p)33	(p)33	(p)34	(p)34
Federal government	(p)643	(p)648	(p)643	(p)640
Footnotes (p) Preliminary

(Source: Quarterly Census of Employment and Wages)

Data extracted on: July 18, 2025

Credit Intermediation and Related Activities: NAICS 522

On This Page

About the Credit Intermediation and Related Activities subsector

Workforce Statistics

Employment

Employment by Occupation

Projections

Earnings and Hours

Earnings and Hours of All Employees

Earnings and Hours of Production and Nonsupervisory Employees

Earnings by Occupation

Employee Benefits

Employer Compensation Costs

Work-related Fatalities, Injuries, and Illnesses

Workplace Trends

Establishments