Supervisor, Consumer Loan Operations Salary at Ic Federal Credit Union BETA

How much does an Ic Federal Credit Union Supervisor, Consumer Loan Operations make?

As of December 2024, the average annual salary for a Supervisor, Consumer Loan Operations at Ic Federal Credit Union is $60,562, which translates to approximately $29 per hour. Salaries for Supervisor, Consumer Loan Operations at Ic Federal Credit Union typically range from $52,467 to $66,985, 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.

IC Federal Credit Union Overview

Website:
iccreditunion.org
Size:
100 - 200 Employees
Revenue:
$10M - $50M
Industry:
Financial Services

Founded in 1928, IC Federal Credit Union serves six counties in Central Massachusetts: Franklin, Hampden, Hampshire, Middlesex, Norfolk, and Worcester. Throughout their history, IC Federal Credit Union has been committed to improving the well-being of their Members through education and quality products and services.

See similar companies related to Ic Federal Credit Union

What Skills Does a person Need at Ic Federal Credit Union?

At Ic 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. 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.
  2. 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.
  3. 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. The loan is "secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word mortgage is derived from a Law French term used in Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. A mortgage can also be described as "a borrower giving consideration in the form of a collateral for a benefit (loan)".
  4. Performance Review: Assessing employee performance and identifying strengths and weaknesses to promote communication and provide constructive performance feedback.
  5. Loan Review: Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a technique to translate loan review results into the balance sheet.

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Check more jobs information at Ic Federal Credit Union

Job Title Average Ic Federal Credit Union Salary Hourly Rate
2 Vice President, Consumer Lending $169,557 $82
3 Vice President, Finance $257,517 $124
4 Vice President, Human Resources $264,325 $127
5 Loss Mitigation Specialist $77,693 $37
6 Mortgage Servicer $61,887 $30
7 Mortgage Servicing Representative $61,887 $30
8 Vice President, Risk Management $152,991 $74
9 Bank Teller $34,407 $17
10 BSA Manager $84,939 $41
11 Deposit Operations Clerk $50,516 $24
12 Learning & Development Partner $89,116 $43
13 Manager, Facilities $108,900 $52

Hourly Pay at Ic Federal Credit Union

The average hourly pay at Ic Federal Credit Union for a Supervisor, Consumer Loan Operations is $29 per hour. The location, department, and job description all have an impact on the typical compensation for Ic Federal Credit Union positions. The pay range and total remuneration for the job title are shown in the table below. Ic Federal Credit Union may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $60,562 look to you?

FAQ about Salary and Jobs at Ic Federal Credit Union

1. How much does Ic Federal Credit Union pay per hour?
The average hourly pay is $29. 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 Ic Federal Credit Union?
According to the data, the highest approximate salary is about $66,985 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 Ic Federal Credit Union?
According to the data, the lowest estimated salary is about $52,467 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.