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Loan Officer Salary at El Dorado Savings Bank BETA

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Paid Annually Paid Monthly Paid Semimonthly Paid Biweekly Paid Weekly Paid Hourly
25% $57,510 10% $49,751 90% $85,759 75% $76,385 $66,084 50%(Median)
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As of October 2026, the average salary for Loan Officer at El Dorado Savings Bank in the United States is $66,084 per year, which is equivalent to an hourly rate of approximately $32. Most salaries for this position fall within the range of $57,510 to $76,385 annually.

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Key Skills & Their Impact on a Loan Officer at El Dorado Savings Bank?

To succeed and maximize your earning potential as a Loan Officer at El Dorado Savings Bank, a specific set of skills is crucial. The competencies listed below are highly valued. Explore the skills that can boost your compensation.

Skills Level of importance Description
Financial services
A services provided by the finance industry, which encompasses a broad range of businesses that manage money.
Mortgage Loans
A mortgage loan or, simply, mortgage (/ˈmɔːrɡɪdʒ/) is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged.
Underwriting
Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee.
Loan Origination
Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application.
Pricing
Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
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Loan Officer Career Path and Growth Opportunities

Understanding the career path for a Loan Officer can help you plan long-term professional growth. Below is a typical career progression for a Loan Officer, highlighting common next-step roles and opportunities for increased responsibility and compensation.

Base Salary $65,384
Total Compensation $86,062
Base Salary $93,200
Total Compensation $123,544
Base Salary $243,380
Total Compensation $329,495
Base Salary $65,384
Total Compensation $86,062
Base Salary $94,241
Total Compensation $96,322
Base Salary $115,177
Total Compensation $139,536
Base Salary $65,384
Total Compensation $86,062
Base Salary $123,168
Total Compensation $161,153

El Dorado Savings Bank Overview

Website
www.eldoradosavingsbank.com
Founded In
Employees
200 - 500 employees
Industry
Financial Services
Headquarter Address
4040 El Dorado Rd Placerville California CA 95667
Revenue
$50 Million - $200 Million
Phone Number
+1 5306263400
Social Media
About El Dorado Savings Bank
El Dorado Savings Bank was established in Placerville in 1957 to offer competitive savings programs to local residents while promoting home ownership through construction, purchase and refinance loans. As El Dorado expanded its operations over the years, the bank remained faithful to these original principles by developing new loan and savings products, while adding service delivery channels with

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FAQ about Salary and Jobs at El Dorado Savings Bank

FAQ 1: How much does El Dorado Savings Bank pay per hour?
The average hourly pay is $32. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
FAQ 2: What is the highest salary at El Dorado Savings Bank?
According to the data, the highest approximate salary is about $76,385 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
FAQ 3: What is the lowest pay at El Dorado Savings Bank?
According to the data, the lowest estimated salary is about $57,510 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
FAQ 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.

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