Senior Accountant Salary at Loc Federal Credit Union BETA

How much does a Loc Federal Credit Union Senior Accountant make?

As of December 2024, the average annual salary for a Senior Accountant at Loc Federal Credit Union is $79,346, which translates to approximately $38 per hour. Salaries for Senior Accountant at Loc Federal Credit Union typically range from $72,541 to $86,118, 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.

LOC Federal Credit Union Overview

Website:
loccreditunion.com
Size:
50 - 100 Employees
Revenue:
$10M - $50M
Industry:
Financial Services

LOC Federal Credit Union (https://www.locfederal.com) - LOC Federal Credit Union, founded in 1950, has three office locations in the southeast Michigan area. LOC FCU has 25,000 members and $160 Million in assets. Jim Dickinson serves as President/CEO. Member Driven Technologies (www.mdtmi.com) - Member Driven Technologies, a Michigan-based credit union-owned service organization, was started by a group of Michigan credit unions in early 2003. Since that time, MDT has provided cost-effective, innovative IT solutions to credit unions throughout the United States.

See similar companies related to Loc Federal Credit Union

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

At Loc 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. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
  2. General Ledger: Creating and keeping track of business transactions and activities to monitor financial operations.
  3. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  4. Accounts Payable: Accounts payable (AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.
  5. Financial Statements: Obtaining and creating formal records of business activities and cash flows to provide results for financial performance.

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Check more jobs information at Loc Federal Credit Union

Job Title Average Loc Federal Credit Union Salary Hourly Rate
2 Accountant $79,346 $38
3 Accounting Specialist $54,919 $26
4 Branch Manager $65,576 $32
5 Business Development $73,628 $35
6 Concrete Worker $39,663 $19
7 Credit Union Teller $31,997 $15
8 Digital Marketing Specialist $67,419 $32
9 Director, Marketing $165,405 $80
10 Executive Vice President $283,293 $136
11 Financial Services Representative III $132,075 $63
12 Lending Support Specialist $48,499 $23
13 Loan Officer $57,551 $28

Hourly Pay at Loc Federal Credit Union

The average hourly pay at Loc Federal Credit Union for a Senior Accountant is $38 per hour. The location, department, and job description all have an impact on the typical compensation for Loc Federal Credit Union positions. The pay range and total remuneration for the job title are shown in the table below. Loc Federal Credit Union may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $79,346 look to you?

FAQ about Salary and Jobs at Loc Federal Credit Union

1. How much does Loc Federal Credit Union pay per hour?
The average hourly pay is $38. 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 Loc Federal Credit Union?
According to the data, the highest approximate salary is about $86,118 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 Loc Federal Credit Union?
According to the data, the lowest estimated salary is about $72,541 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.