As of April 01, 2025, the average annual salary for a Letter of Credit Officer in Lowell, MA is $74,131. Salary.com reports that pay typically ranges from $65,545 to $83,799, with most professionals earning between $57,728 and $92,602.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $77,866 | $6,489 | $1,497 | $37 |
| Average | $68,882 | $5,740 | $1,325 | $33 |
| 25th Percentile | $60,904 | $5,075 | $1,171 | $29 |
An entry-level Letter of Credit Officer with under 1 year experience makes about $71,312. With less than 2 years of experience, a mid-level Letter of Credit Officer makes around $71,568. After 2-4 years, the Letter of Credit Officer pay rises to about $74,852. Those senior Letter of Credit Officer with 5-8 years of experience earn roughly $78,893, and those Letter of Credit Officer having 8 years or more experience are expected to earn about $79,182 on average.
| Levels | Salary |
|---|---|
| Entry Level Letter of Credit Officer | $71,312 |
| Intermediate Level Letter of Credit Officer | $71,568 |
| Senior Level Letter of Credit Officer | $74,852 |
| Specialist Level Letter of Credit Officer | $78,893 |
| Expert Level Letter of Credit Officer | $79,182 |
| Entry Level | 4% |
| Mid Level | 4% |
| Senior Level | 9% |
| Top Level | 15% |
| Experienced | 15% |
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