High power fiber lasers/amplifiers in the 1550nm spectral region have not scaled as rapidly as Yb-, Tm-, or Ho-doped fibers. This is primarily due to the low gain of the erbium ion. To overcome the low pump absorption, Yb is typically added as a sensitizer. Although this helps the pump absorption, it also creates a problem with parasitic lasing of the Yb ions under strong pumping conditions, which generally limits output power. Other pump schemes have shown high efficiency through resonant pumping of erbium only without the need for Yb as a sensitizer [1-2]. Although this can enable higher power scaling due to a decrease in the thermal loading, resonant pumping methods require long fiber lengths due to pump bleaching, which may limit the power scaling which can be achieved for single frequency output. By using an Er:Yb fiber and pumping in the minima of the Yb pump absorption at 940nm, we have been able to simultaneously generate high power, single frequency output at 1560nm while suppressing the 1-micron ASE and enabling higher efficiency compared to pumping at the absorption peak at 976nm. We have demonstrated single frequency amplification (540Hz linewidth) to 207W average output power with 49.3% optical efficiency (50.5% slope efficiency) in an LMA Er:Yb fiber. We believe this is the highest reported efficiency from a high power 9XXnm pumped Er:Yb-doped fiber amplifier. This is significantly more efficient that the best-reported efficiency for high power Er:Yb doped fibers, which, to-date, has been limited to ~41% slope efficiency .