Loan Officer Salary at Western Commerce Bank BETA

How much does a Western Commerce Bank Loan Officer make?

As of April 2025, the average annual salary for a Loan Officer at Western Commerce Bank is $48,607, which translates to approximately $23 per hour. Salaries for Loan Officer at Western Commerce Bank typically range from $42,332 to $56,128, 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.

Western Commerce Bank Overview

Website:
wcb.net
Size:
25 - 50 Employees
Revenue:
$10M - $50M
Industry:
Financial Services

Western Commerce Bank Trust Department offers a full range of services. We work closely with you, your accountant, your attorney and other advisors to achieve the goals that you have established for both your personal and business needs. Some of our services include: Personal Trusts Revocable Trusts, Irrevocable Trusts, Stand-by Trusts, Irrevocable Life Insurance Trusts Investment Agency Accounts Bill Paying Agency Accounts Employee Benefit Prototype Profit Sharing Plans, HR-10 Plans, Trusteed Rollover IRAs Conservatorships Oil and Gas Management Administrative and Investment Services for Individual Personal Representatives, Trustees, and Qualified Plan Trustees Safekeeping of Wills Let our Trust & Investment Division provide the personal attention and financial services that you deserve. No matter how big or how small your account is, we are here to help you.

See similar companies related to Western Commerce Bank

What Skills Does a person Need at Western Commerce Bank?

At Western Commerce Bank, 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. Financial services: A services provided by the finance industry, which encompasses a broad range of businesses that manage money. These services involve banking, brokerage, mortgages, credit cards, payment services, real estate, investment funds, taxes and accounting.
  2. 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)".
  3. Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
  4. Loan Origination: Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application up to disbursal of funds (or declining the application). For mortgages, there is a specific mortgage origination process. Loan servicing covers everything after disbursing the funds until the loan is fully paid off. Loan origination is a specialized version of new account opening for financial services organizations. Certain people and organizations specialize in loan origination. Mortgage brokers and other mortgage originator companies serve as a prominent example. There are many different types of loans. For more information on loan types, see the loan and consumer lending articles. Steps involved in originating a loan vary by loan type, various kinds of loan risk, regulator, lender policy, and other factors.
  5. Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.

Related Jobs

CNB Bank
Carlsbad , NM

Job Description Job Description Job Title: Loan Officer Department: Loans Reports To: SVP/Commercial Loan Mgr. REMOTE OPPORTUNITY SUMMARY Underwrites loan requests/applications according to approved policies and procedures prepares credit and presents applicable requests to loan review committee for approval. ESSENTIAL DUTIES AND RESPONSIBILITIES Actively participates in local business and community activities to market the Bank and facilitate new loans and deposits to assist in meeting bank profitability goals including business plan growth, income objectives, controlling expenses to maintain a profit Reviews, analyzes, and processes commercial and consumer lending requests and packages. Presents and reviews major loan requests to loan committee or Executive Committee of the board of directors for approval or rejection Negotiates loan participation and purchase agreements, inspects properties held as collateral, review applicable loan documents, and maintains files and servicing for s


Sponsored
4/29/2025 12:00:00 AM
DistributionNOW
Carlsbad , NM

At DistributionNOW, we believe our associates are the best in the business. We value and reward hardworking, creative, and dedicated employees that desire to be part of a team committed to outstanding customer service. START YOUR CAREER NOW. The Project Specialist is responsible for the day-to-day operations of the customer relationship and coordination of large project orders. Coordinate with Vendors and Customers, providing both technical expertise and logistical support, while maintaining strong business relationships. Manage material for large customer project(s) Assist with managing customer inventory both inside warehouses and in designated yards Interface with key customer contacts and sales team to understand projects scopes and needs Quote/Sales Order entry Issue purchase orders to vendors Expedite open orders Negotiate with freight carriers and arrange deliveries Obtain and review shipping/receiving documentation and MTR's Ensure accurate and timely invoicing Develop SOPs and


Sponsored
4/29/2025 12:00:00 AM
Community Health Systems
Carlsbad , NM

Job Description As a Cath Lab Tech, you'll play a vital role in doing what you do best - providing quality care to our patients. Our staff enjoy a robust benefits package including health insurance, 401(k), flexible scheduling, 100% licensure/certification reimbursement, Tuition Reimbursement, and up to $10K for student loan payments. Performs a variety of cardiovascular procedures to provide an efficient, comfortable, and safe examination of all patients. Has the latitude for independent judgment, ingenuity, and initiative. Proficient in all aspects of designated procedural areas in preparation, assessment, documentation, and monitoring consistent with the policies and procedures. Assumes responsibility for designated areas or procedures. Leads the work of other staff and students as required. Actively participates in outstanding customer service and accepts responsibility in maintaining relationships that are equally respectful to all. May be assigned to take call after hours as desi


Sponsored
4/29/2025 12:00:00 AM
Herc Rentals
Carlsbad , NM

If you are currently an employee of Herc Rentals, please apply using this link: Herc Employee Career Portal Founded in 1965, Herc Rentals is one of the leading equipment rental suppliers in North America with trailing twelve month total revenues of nearly $3.5 billion as of December 31, 2024. Herc Rentals' parent company, known as Herc Holdings Inc., listed on the New York Stock Exchange on July 1, 2016, under the symbol "HRI." Herc Rentals serves customers through approximately 450+ locations and has approximately 7,700 employees in North America. Job Purpose The purpose of the Shop Supervisor position is to utilize the mechanical expertise of the candidate to support the needs of the branch in a professional, safe and timely manner. An individual in this position will be responsible for the training, development and management of all of the heavy equipment mechanics, yard workers and utility workers, appraising their performances and utilizing the most cost-effective means for mainte


Sponsored
4/28/2025 12:00:00 AM
High-Tech Professionals
Carlsbad , NM

[Office Assistant / Entry Level / Remote] - New Mexico Residents Welcome / Full-Time / up to $30k-yr. + Benefits - As an Administrative Assistant you'll: Grow in the position through continued learning and revitalization of skillsets in related duties while learning the loan process; Work with loan officers to complete tasks such as sending disclosures- ordering title- ordering evidence of insurance; Answer the phone and assist with ohter administrative tasks...Hiring Fast >>


Sponsored
4/27/2025 12:00:00 AM
Tate Branch Autoplex Carlsbad
Carlsbad , NM

Job Summary The Lot Attendant/Porter helps ensure complete customer satisfaction by moving vehicles in and around the service area/lot, maintaining the cleanliness of vehicles and the service area, delivering vehicles to customers after service is complete, and transporting customers to/from their home when needed. The ideal candidate has a high energy level, positive attitude, desire to work in a fast-paced environment, and a valid driver's license. About Us: Here at Tate Branch Auto Group we strive to be the best in all areas of our business. To accomplish this we must offer the best customer service, an exceptional work environment, as well as a strong support of our community. If you're looking for an opportunity to be appreciated and involved in your career, your search is complete. We have a great history of providing excellent career opportunities for sharp, energetic people. Benefits: Competitive Pay Flexible Working Hours Health Insurance (medical, dental, vision) PTO & Sick L


Sponsored
4/27/2025 12:00:00 AM
Diversified Management Group
Carlsbad , NM

Job Title: Convenience Store Team Member Department: Operations Reports To: Convenience Store Manager FLSA Status: Non-Exempt Shift: 1st Shift POSITION SUMMARY The Convenience Store Team Member provides friendly customer service. This position is responsible for taking care of our customers, stocking and merchandising the store, processing customer transactions with a helpful and fun attitude, and creating a positive energetic atmosphere for our customers. CORE FUNCTIONS OF POSITION Provides friendly customer service. Welcomes customers to the store. Assists customers with items they are looking for and in the purchase of store merchandise. Verifies customer's age by asking for appropriate identification, in accordance with company policy and state/federal laws. Takes payment using POS system. Accurately rings up all sales and able to process cash and credit card purchases. Develops thoughtful and caring relationships with customers. Answers the telephone and assists callers using prop


Sponsored
4/27/2025 12:00:00 AM
Diversified Management Group
Carlsbad , NM

Job Title: Convenience Store Team Member Department: Operations Reports To: Convenience Store Manager FLSA Status: Non-Exempt Shift: Variable Shift POSITION SUMMARY The Convenience Store Team Member provides friendly customer service. This position is responsible for taking care of our customers, stocking and merchandising the store, processing customer transactions with a helpful and fun attitude, and creating a positive energetic atmosphere for our customers. CORE FUNCTIONS OF POSITION Provides friendly customer service. Welcomes customers to the store. Assists customers with items they are looking for and in the purchase of store merchandise. Verifies customer's age by asking for appropriate identification, in accordance with company policy and state/federal laws. Takes payment using POS system. Accurately rings up all sales and able to process cash and credit card purchases. Develops thoughtful and caring relationships with customers. Answers the telephone and assists callers using


Sponsored
4/27/2025 12:00:00 AM

Check more jobs information at Western Commerce Bank

Job Title Average Western Commerce Bank Salary Hourly Rate
2 Administrative Assistant $39,676 $19
3 Bank Teller $27,024 $13
4 Mortgage Loan Originator $36,496 $18
5 Loan Assistant $40,176 $19
6 Loan Operations Officer $66,407 $32
7 Loan Specialist $54,273 $26
8 Accounts Payable $36,943 $18
9 Assistant Vice President $47,706 $23
10 Executive Vice President $239,267 $115
11 Head Teller $30,815 $15
12 Teller $27,024 $13

Hourly Pay at Western Commerce Bank

The average hourly pay at Western Commerce Bank for a Loan Officer is $23 per hour. The location, department, and job description all have an impact on the typical compensation for Western Commerce Bank positions. The pay range and total remuneration for the job title are shown in the table below. Western Commerce Bank may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $48,607 look to you?

FAQ about Salary and Jobs at Western Commerce Bank

1. How much does Western Commerce Bank pay per hour?
The average hourly pay is $23. 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 Western Commerce Bank?
According to the data, the highest approximate salary is about $56,128 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 Western Commerce Bank?
According to the data, the lowest estimated salary is about $42,332 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.