Corporate Loan Officer Salaries in South Dakota
How Much Does a Corporate Loan Officer Make in South Dakota?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Corporate Loan Officer in South Dakota is $51,002.
While Salary.com is seeing that Corporate Loan Officer salary in SD can go up to $65,007
or down to $35,732, but most earn between $43,009 and $58,333.
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
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Similar Job Salaries to Corporate Loan Officer by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
1st Financial Bank USA
Loan Officer
|
$89,378/yr
|
RANGE: $71,245 - $107,511
|
|
First Dakota National Bank
Loan Production Officer
|
$84,593/yr
|
RANGE: $70,038 - $99,149
|
|
Liberty National Bank Iowa & South Dakota
Mortgage Loan Officer
|
$83,053/yr
|
RANGE: $65,755 - $100,351
|
|
Central Bank
Mortgage Loan Officer
|
$87,902/yr
|
RANGE: $70,068 - $105,735
|
|
Mortgage Calculator Company LLC
Junior Loan Officer
|
$84,188/yr
|
RANGE: $67,495 - $100,880
|
|
Primary Residential Branding
Loan Officer Outside Sales
|
$86,265/yr
|
RANGE: $67,885 - $104,644
|
|
First Bank & Trust
Mortgage Loan Officer II
|
$89,378/yr
|
RANGE: $71,245 - $107,511
|
|
First International Bank & Trust
Commercial Loan Officer
|
$105,743/yr
|
RANGE: $87,903 - $123,583
|
|
1st Financial Bank USA
SBA Loan Officer
|
$132,195/yr
|
RANGE: $97,931 - $166,459
|
|
Fishback Financial Corporation
Mortgage Loan Officer II
|
$89,378/yr
|
RANGE: $71,245 - $107,511
|
Top 10 Highest Paying Cities For Corporate Loan Officer Jobs in South Dakota
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 South Dakota.
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 South Dakota.
Sioux Falls takes first place in this list, followed by Brookings, Watertown.
The Corporate Loan Officer salary is $51,512 in Sioux Falls,
which is lower than the national average. There is 0 city's Corporate Loan Officer salary higher than national average in South Dakota.
The average salary for a Corporate Loan Officer in South Dakota is $51,002,
but we found that the city with the highest salary for Corporate Loan Officer jobs is Sioux Falls, SD, and it is higher than Brookings.
Corporate Loan Officer jobs in Sioux Falls can have the opportunity to earn higher salaries than in other cities in South Dakota.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Sioux Falls | $51,512 | $4,293 | $991 | $25 |
| Brookings | $50,661 | $4,222 | $974 | $24 |
| Watertown | $50,661 | $4,222 | $974 | $24 |
| Rapid City | $50,491 | $4,208 | $971 | $24 |
| Deadwood | $49,640 | $4,137 | $955 | $24 |
| Pierre | $47,768 | $3,981 | $919 | $23 |
| Aberdeen | $46,917 | $3,910 | $902 | $23 |
What Does a Corporate Loan Officer Do?
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
The loan officer is responsible for collecting the appropriate closing documents for a mortgage or other loan.
Updated December 12, 2021
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Explore JobArchitectFrequently Asked Questions About a Corporate Loan Officer Salaries
What is the average of a Corporate Loan Officer in South Dakota?
The Corporate Loan Officer salary range is from $43,009 to $58,333, and the average Corporate Loan Officer salary is $51,002/year in South Dakota.
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.
