Loan Association Inc Salary

As of September 2026, the average annual salary for employees at Loan Association Inc in the United States is $93,339. This translates to an approximate hourly wage of $45. Salaries at Loan Association Inc typically range from $81,876 to $105,770 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Loan Association Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Loan Association Inc. Based on our data, the highest paying job is the President, with an annual salary of $722,528. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Loan Association Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Loan Association Inc's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Firstmerit Bank, Na $84,257
-9.7%
Normalized for lower cost-of-living zones where Firstmerit Bank, Na primarily operates.
Abacus Guardianship Inc $98,023
+5.0%
Reflects a supply-demand imbalance for the specific talent Abacus Guardianship Inc targets.
CEF Foundation $92,654
-0.7%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
St George Financial Partners LLC $99,478
+6.6%
Data suggests St George Financial Partners LLC's workforce skews heavily towards veteran, high-tenure roles.
Financial Services Industry $121,514
+30.2%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Loan Association Inc

Considering a career at Loan Association Inc? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Collaborative environment encourages innovation and creativity. It’s fair, but lacks personalization or development guidance. The leadership team encourages innovation and supports continuous learning. Some internal processes feel bureaucratic and often. Every day offers something new to learn.
The work is challenging but rewarding, and colleagues are supportive. Reverse mentoring keeps leaders learning. Help desk support responds within hours, not days. Birthday recognitions. Social connections develop naturally. Tasks are well defined.
Processes are well-documented, and expectations are clear. It’s a predictable job environment suited for those who thrive in structure and are fine with fewer surprises. Work-life balance depends heavily on manager support. Work-life balance is respected, with flexible arrangements that adapt to individual needs.

Loan Association Inc Overview

Website
Data pending, update soon.
Founded In
1911
Employees
<25 employees
Industry
Financial Services
Headquarter Address
257 W Main St Norwich Connecticut CT 06360
Revenue
<$5 Million
Phone Number
+1 8608897381
Social Media
About Loan Association Inc
Loan Association Inc is a company that operates in the Financial Services industry. It employs 1-5 people and has $0M-$1M of revenue. The company is headquartered in Norwich, Connecticut.

What Benefits Does Loan Association Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Loan Association Inc offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Norwich?

Understanding the cost of living near Norwich is key to truly evaluating a salary offer or your current compensation at Loan Association Inc.
Norwich's Cost of Living Index is approximately 94.2 (5.8% less expensive than US average; 12.5% less than CT average). SE CT city, more affordable housing. SEAT bus. When planning your budget based on a salary from Loan Association Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Loan Association Inc salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (SEAT 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,220 - $3,500+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Loan Association Inc

1. How much does a Loan Association Inc employee make?

Loan Association Inc pays its employees an average of $93,339 per year. The average salary at Loan Association Inc range from $81,876 to $105,770 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Loan Association Inc?

The salary at Loan Association Inc is higher than the similar company. The average annual salary at Loan Association Inc is $93,339, or an hourly wage of $45, in comparison to Firstmerit Bank, Na which pays $84,257 per year or $41 per hour.

3. How much does a President typically earn at Loan Association Inc?

A President at Loan Association Inc typically earns an average annual base salary of around $722,528, with a general range of $551,436 to $912,548.

4. Do employees with advanced degrees (Master's, PhD) earn more at Loan Association Inc?

In many roles at Loan Association Inc, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Norwich affect the perceived value of a Loan Association Inc salary?

Norwich's Cost of Living Index is approximately 94.2 (5.8% less expensive than US average; 12.5% less than CT average). This significantly impacts the purchasing power of a salary from Loan Association Inc based there. Our "Cost of Living Insights for Norwich" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Loan Association Inc typically offer employees?

Loan Association Inc generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Loan Association Inc" section on this page.