As of December 01, 2024, the average annual pay of Letter of Credit Officer in Iowa City, IA is $62,546. While Salary.com is seeing that Letter of Credit Officer salary in Iowa City, IA can go up to $84,409 or down to $36,896, but most earn between $49,120 and $73,990. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Letter of Credit Officer in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $77,966 | $6,497 | $1,499 | $37 |
| Average | $65,907 | $5,492 | $1,267 | $32 |
| 25th Percentile | $51,759 | $4,313 | $995 | $25 |
An entry-level Letter of Credit Officer with under 1 year experience makes about $57,894. With less than 2 years of experience, a mid-level Letter of Credit Officer makes around $58,294. After 2-4 years, the Letter of Credit Officer pay rises to about $63,136. Those senior Letter of Credit Officer with 5-8 years of experience earn roughly $67,900, and those Letter of Credit Officer having 8 years or more experience are expected to earn about $68,241 on average.
| Levels | Salary |
|---|---|
| Entry Level Letter of Credit Officer | $57,894 |
| Intermediate Level Letter of Credit Officer | $58,294 |
| Senior Level Letter of Credit Officer | $63,136 |
| Specialist Level Letter of Credit Officer | $67,900 |
| Expert Level Letter of Credit Officer | $68,241 |
| Entry Level | 12% |
| Mid Level | 12% |
| Senior Level | 4% |
| Top Level | 3% |
| Experienced | 4% |
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