As of April 01, 2025, the average annual salary for a Letter of Credit Officer in Mishawaka, IN is $64,108. Salary.com reports that pay typically ranges from $56,683 to $72,470, with most professionals earning between $49,923 and $80,083.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $72,470 | $6,039 | $1,394 | $35 |
| Average | $64,108 | $5,342 | $1,233 | $31 |
| 25th Percentile | $56,683 | $4,724 | $1,090 | $27 |
An entry-level Letter of Credit Officer with under 1 year experience makes about $61,670. With less than 2 years of experience, a mid-level Letter of Credit Officer makes around $61,892. After 2-4 years, the Letter of Credit Officer pay rises to about $64,732. Those senior Letter of Credit Officer with 5-8 years of experience earn roughly $68,227, and those Letter of Credit Officer having 8 years or more experience are expected to earn about $68,476 on average.
| Levels | Salary |
|---|---|
| Entry Level Letter of Credit Officer | $61,670 |
| Intermediate Level Letter of Credit Officer | $61,892 |
| Senior Level Letter of Credit Officer | $64,732 |
| Specialist Level Letter of Credit Officer | $68,227 |
| Expert Level Letter of Credit Officer | $68,476 |
| Entry Level | 10% |
| Mid Level | 10% |
| Senior Level | 6% |
| Top Level | 1% |
| Experienced | 1% |
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