Loan Specialist Salary at Somerset Trust Holding Co BETA

How much does a Somerset Trust Holding Co Loan Specialist make?

As of December 2024, the average annual salary for a Loan Specialist at Somerset Trust Holding Co is $64,231, which translates to approximately $31 per hour. Salaries for Loan Specialist at Somerset Trust Holding Co typically range from $56,000 to $71,534, 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.

Somerset Trust Holding Co Overview

Website:
somersettrust.com
Size:
200 - 500 Employees
Revenue:
$50M - $200M
Industry:
Financial Services

Somerset Trust Holding Company operates as the holding company for Somerset Trust Company that provides community banking products and services in Pennsylvania. Its deposit products include checking accounts, savings and money market accounts, certificates of deposit, individual retirement accounts, credit and debit cards, and investment and planning products; and loans, which comprise home equity loans; mortgage loans; and personal loans consisting of installment, CD/savings secured, vehicle and recreational vehicle, and mobile homes, as well as personal lines of credit. The company also provides employee benefits and services and card payment services; and short-term loans, interim financing, agriculture lending, and specialized lending, as well as long term financing for capital assets, such as equipment, machinery, or real estate. In addition, it offers online banking and mobile banking services. The company operates through its 32 branches. Somerset Trust Holding Company was founded in 1889 and is headquartered in Somerset,...

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What Skills Does a person Need at Somerset Trust Holding Co?

At Somerset Trust Holding Co, 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.

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Check more jobs information at Somerset Trust Holding Co

Job Title Average Somerset Trust Holding Co Salary Hourly Rate
2 Cash Management Specialist $71,918 $35
3 Closing Coordinator $50,719 $24
4 Controller $222,741 $107
5 IT Officer $291,269 $140
6 Lead Customer Service Representative $66,657 $32
7 Marketing Assistant $42,148 $20
8 Part Time Teller $28,441 $14
9 Planning Consultant $95,679 $46
10 Security Administrator $83,633 $40
11 Senior Credit Analyst $74,196 $36
12 Senior Underwriter $128,203 $62
13 Systems Administrator $98,185 $47

Hourly Pay at Somerset Trust Holding Co

The average hourly pay at Somerset Trust Holding Co for a Loan Specialist is $31 per hour. The location, department, and job description all have an impact on the typical compensation for Somerset Trust Holding Co positions. The pay range and total remuneration for the job title are shown in the table below. Somerset Trust Holding Co may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $64,231 look to you?

FAQ about Salary and Jobs at Somerset Trust Holding Co

1. How much does Somerset Trust Holding Co pay per hour?
The average hourly pay is $31. 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 Somerset Trust Holding Co?
According to the data, the highest approximate salary is about $71,534 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 Somerset Trust Holding Co?
According to the data, the lowest estimated salary is about $56,000 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.