Commercial Loan Processor Salary at First Oklahoma Bank BETA
How much does a First Oklahoma Bank Commercial Loan Processor make?
As of March 2025, the average annual salary for a Commercial Loan Processor at First Oklahoma Bank is $43,923, which translates to approximately $21 per hour. Salaries for Commercial Loan Processor at First Oklahoma Bank typically range from $38,724 to $50,551, 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.
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What Skills Does a person Need at First Oklahoma Bank?
At First Oklahoma Bank, 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.
- 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.
- Loan Processing: The steps taken by an institution lender from the time a request for a loan application is received to the time the loan is approved or denied, including taking the application, credit investigation, evaluation of the loan and other steps.
- Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
- Commitment: An agreement or pledge to do something in the future a commitment to improve conditions at the prison especially : an engagement to assume a financial obligation at a future date.
- 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 First Oklahoma Bank
| Job Title | Average First Oklahoma Bank Salary | Hourly Rate | |
|---|---|---|---|
| 2 | Customer Service Representative | $32,561 | $16 |
| 3 | Executive Vice President | $272,232 | $131 |
| 4 | Loan Administration Specialist | $39,109 | $19 |
| 5 | Loan Assistant | $45,711 | $22 |
| 6 | Senior Credit Analyst | $71,331 | $34 |
| 7 | Senior Vice President | $183,091 | $88 |
| 8 | Loan Documentation Specialist | $44,521 | $21 |
| 9 | Loan Documentation Supervisor | $54,119 | $26 |
| 10 | Loan Officer | $55,304 | $27 |
| 11 | Universal Banker | $30,747 | $15 |
| 12 | Commercial Loan Assistant | $46,016 | $22 |
Hourly Pay at First Oklahoma Bank
FAQ about Salary and Jobs at First Oklahoma Bank
The average hourly pay is $21. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
According to the data, the highest approximate salary is about $50,551 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
According to the data, the lowest estimated salary is about $38,724 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
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.