Loan Manager Salary at State Credit Union BETA

How much does a State Credit Union Loan Manager make?

As of December 2024, the average annual salary for a Loan Manager at State Credit Union is $150,380, which translates to approximately $72 per hour. Salaries for Loan Manager at State Credit Union typically range from $125,663 to $166,150, 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.

State Credit Union Overview

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

Our earnings are applied toward better services and rates for our members, helping them become more financially comfortable. Founded in 1952, SCU has grown into a $990 million+ financial institution serving more than 80,000 members today. The goal of improving the financial lives of our members has remained constant. Once you join State Credit Union, you remain a member for life. Plus, your deposits in State Credit Union accounts are automatically insured by the National Credit Union Administration, an agency of the United States Government. The NCUA insures each individual depositor for up to $250,000. Learn more about NCUA insurance coverage.

See similar companies related to State Credit Union

What Skills Does a person Need at State Credit Union?

At State 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. 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.
  2. credit policy: Credit policy is a set of terms that lays out how your company will issue credit to its clients and collect unpaid debts. It maximize the company revenue/business while minimizing the risk generated by extending credit.
  3. Influencing: The ability to impact behaviors and decisions within and outside our organization in direct, indirect and intangible ways.
  4. Life insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period
  5. 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 State Credit Union

Job Title Average State Credit Union Salary Hourly Rate
2 Audit Assistant $68,589 $33
3 Banker $89,267 $43
4 Director, Information Security $167,053 $80
5 Director, Internal Audit $156,267 $75
6 Director, Marketing $164,334 $79
7 Director, Security & Facilities $93,460 $45
8 Help Desk Coordinator $50,837 $24
9 HR Assistant $46,444 $22
10 HR Specialist $66,941 $32
11 Information Security Analyst $79,502 $38
12 Loan Officer $57,178 $27
13 Loan Officer II $67,124 $32

Hourly Pay at State Credit Union

The average hourly pay at State Credit Union for a Loan Manager is $72 per hour. The location, department, and job description all have an impact on the typical compensation for State Credit Union positions. The pay range and total remuneration for the job title are shown in the table below. State Credit Union may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $150,380 look to you?

FAQ about Salary and Jobs at State Credit Union

1. How much does State Credit Union pay per hour?
The average hourly pay is $72. 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 State Credit Union?
According to the data, the highest approximate salary is about $166,150 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 State Credit Union?
According to the data, the lowest estimated salary is about $125,663 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.