How Much Does a Corporate Loan Officer Make in Rhode Island?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Corporate Loan Officer in Rhode Island is $59,228. While Salary.com is seeing that Corporate Loan Officer salary in RI can go up to $75,492 or down to $41,495, but most earn between $49,946 and $67,741. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Corporate Loan Officer
Loan Officer
$71,428
Rhode Island
Per Year
Consumer Loan Officer II
$57,722
Rhode Island
Per Year
Consumer Loan Officer III
$69,842
Rhode Island
Per Year
Consumer Loan Officer I
$53,945
Rhode Island
Per Year
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Similar Job Salaries to Corporate Loan Officer by Company

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Company average base salary in (usd) range
$98,001/yr
$77,589
$118,412
RANGE: $77,589 - $118,412
Mutual of Omaha Mortgage
Junior Loan Officer
$98,234/yr
$78,756
$117,713
RANGE: $78,756 - $117,713
Mutual of Omaha Mortgage
Retail Mortgage Loan Officer
$103,257/yr
$82,308
$124,206
RANGE: $82,308 - $124,206
Rockland Trust
Commercial Loan Officer (C&I)
$122,164/yr
$101,554
$142,774
RANGE: $101,554 - $142,774
Zurich NA
Corporate Recruiter
$99,958/yr
$88,538
$111,378
RANGE: $88,538 - $111,378
Washington Trust
Mortgage Loan Originator - RI
$132,474/yr
$100,425
$164,524
RANGE: $100,425 - $164,524
The Washington Trust Company
Mortgage Loan Originator - RI
$104,734/yr
$83,485
$125,983
RANGE: $83,485 - $125,983
$103,257/yr
$82,308
$124,206
RANGE: $82,308 - $124,206
People's Credit Union
Consumer Loan Processor
$72,803/yr
$63,048
$82,558
RANGE: $63,048 - $82,558
SureGuard
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$108,995/yr
$88,432
$129,558
RANGE: $88,432 - $129,558

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Top 10 Highest Paying Cities For Corporate Loan Officer Jobs in Rhode Island

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Corporate Loan Officer can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Corporate Loan Officer job salaries in Rhode Island. Some cities can pay higher salaries for Corporate Loan Officer jobs, which can indicate that there is a large demand for Corporate Loan Officer positions in this city.
The following table shows top 10 cities where the Corporate Loan Officer salary is higher than other cities in Rhode Island. Westerly takes first place in this list, followed by Tiverton, Newport. The Corporate Loan Officer salary is $60,363 in Westerly, which is higher than the national average. There are 12 cities' Corporate Loan Officer salary higher than national average in Rhode Island.
The average salary for a Corporate Loan Officer in Rhode Island is $59,228, but we found that the city with the highest salary for Corporate Loan Officer jobs is Westerly, RI, and it is higher than Tiverton. Corporate Loan Officer jobs in Westerly can have the opportunity to earn higher salaries than in other cities in Rhode Island.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Westerly $60,363 $5,030 $1,161 $29
Tiverton $60,022 $5,002 $1,154 $29
Newport $59,909 $4,992 $1,152 $29
Narragansett $59,852 $4,988 $1,151 $29
Providence $59,512 $4,959 $1,144 $29
Warwick $59,512 $4,959 $1,144 $29
Cranston $59,512 $4,959 $1,144 $29
Pawtucket $59,512 $4,959 $1,144 $29
East Providence $59,512 $4,959 $1,144 $29
Cumberland $59,512 $4,959 $1,144 $29

What Does a Corporate Loan Officer Do?

Because commercial loan officers analyze the finances of businesses applying for credit, they need to understand general business accounting, including how to read financial statements.
Updated October 20, 2021
Once a loan has been approved and money given to a commercial client, the loan officer is responsible for making sure that loan payments are made on time.
Updated December 18, 2021
However, most loan officers assist consumers and small business owners with a wide variety of secured and unsecured loans.
Updated December 17, 2021
Loan processors, like loan officers, work for banks, mortgage lenders, and other loan-related services.
Updated December 16, 2021
Commercial loan officers specialize in business loans, whereas mortgage loan officers may handle residential and commercial mortgage loans, depending on their specialization.
Updated December 14, 2021

Frequently Asked Questions About a Corporate Loan Officer Salaries

What is the average of a Corporate Loan Officer in Rhode Island?

The Corporate Loan Officer salary range is from $49,946 to $67,741, and the average Corporate Loan Officer salary is $59,228/year in Rhode Island. The Corporate Loan Officer's salary will change in different locations.

Which location pays the highest Corporate Loan Officer salary in the United States?

The Corporate Loan Officer salary in San Jose, CA is $71,198 which is the highest in the US.

What kinds of reasons will influence the Corporate Loan Officer's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Corporate Loan Officer.

What is the growth rate of the Corporate Loan Officer's salary?

If you are thinking of becoming a Corporate Loan Officer or planning the next step in your career, find the detailed salary report of a Corporate Loan Officer.