Loan Manager Salary at Best Reward Federal Credit Union BETA

How much does a Best Reward Federal Credit Union Loan Manager make?

As of March 2025, the average annual salary for a Loan Manager at Best Reward Federal Credit Union is $139,889, which translates to approximately $67 per hour. Salaries for Loan Manager at Best Reward Federal Credit Union typically range from $117,039 to $154,342, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

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.

Best Reward Federal Credit Union Overview

Website:
bestrewardfcu.coop
Size:
<25 Employees
Revenue:
<$5M
Industry:
Financial Services

The impact of the Coronavirus (COVID-19) is being felt by all, but I want to assure you that Best Reward Credit Union is here for our members and continues to focus on being your TRUSTED financial institution. We have four branch offices in Brook Park, Highland Heights, Operating Engineers, and Walton Hills - two with Drive-Up Lanes, two with full-service Drive-Up ATM's, and numerous Remote Services to access your accounts: ATM & Debit Card Phone 24 Best Reward Online Account Alerts by Email Mobile Services & Apps Online Bill Pay Popmoney® (Personal Payment Service) Online Forms & Applications Online Drafts/Checks Ordering Apply for Membership Online Apply for Your Loan Online Shop for Your Next Vehicle Online Sign Your Documents From Anywhere with Email Access Join our Mailing List to Receive Important Updates to Your Inbox We are very well capitalized and maintain a 5-Star Superior BauerFinancial Rating We are FEDERALLY insured by the NCUA and your deposits are insured to at least $250,000. While your concern about the uncertain times we are in right now is understandable, I hope you'll find some comfort in knowing that as a member of Best Reward Credit Union you can contact us if you are experiencing financial hardship due to the COVID-19 pandemic. We are here for you today and we will be here for you tomorrow to assist with your financial needs.

See similar companies related to Best Reward Federal Credit Union

What Skills Does a person Need at Best Reward Federal Credit Union?

At Best Reward Federal Credit Union, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Commercial Loans: A commercial loan is a debt-based funding arrangement between a business and a financial institution such as a bank. It is typically used to fund major capital expenditures and/or cover operational costs that the company may otherwise be unable to afford.
  2. credit policy: Credit policy is a set of terms that lays out how your company will issue credit to its clients and collect unpaid debts. It maximize the company revenue/business while minimizing the risk generated by extending credit.
  3. Influencing: The ability to impact behaviors and decisions within and outside our organization in direct, indirect and intangible ways.
  4. Life insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period
  5. Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.

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Check more jobs information at Best Reward Federal Credit Union

Job Title Average Best Reward Federal Credit Union Salary Hourly Rate
2 Head Teller $33,720 $16
3 Director, Development $97,966 $47
4 Mortgage Loan Officer $39,937 $19

Hourly Pay at Best Reward Federal Credit Union

The average hourly pay at Best Reward Federal Credit Union for a Loan Manager is $67 per hour. The location, department, and job description all have an impact on the typical compensation for Best Reward Federal Credit Union positions. The pay range and total remuneration for the job title are shown in the table below. Best Reward Federal Credit Union may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $139,889 look to you?

FAQ about Salary and Jobs at Best Reward Federal Credit Union

1. How much does Best Reward Federal Credit Union pay per hour?
The average hourly pay is $67. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Best Reward Federal Credit Union?
According to the data, the highest approximate salary is about $154,342 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Best Reward Federal Credit Union?
According to the data, the lowest estimated salary is about $117,039 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.