Loan Associate Salaries in South Dakota
How Much Does a Loan Associate Make in South Dakota?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Loan Associate in South Dakota is $38,949.
While Salary.com is seeing that Loan Associate salary in SD can go up to $47,062
or down to $30,096, but most earn between $34,315 and $43,196.
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 Loan Associate
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Similar Job Salaries to Loan Associate by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Farm Service Agency
Loan Analyst
|
$57,442/yr
|
RANGE: $49,465 - $65,419
|
|
1st Financial Bank USA
Loan Officer
|
$89,378/yr
|
RANGE: $71,245 - $107,511
|
|
1st Financial Bank USA
Loan Underwriter
|
$76,040/yr
|
RANGE: $64,032 - $88,047
|
|
First International Bank & Trust
Loan Systems Administrator
|
$71,809/yr
|
RANGE: $61,141 - $82,476
|
|
First Dakota National Bank
Loan Production Officer
|
$84,593/yr
|
RANGE: $70,038 - $99,149
|
|
BankWest
Loan and Title Assistant
|
$57,497/yr
|
RANGE: $48,831 - $66,164
|
|
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
|
|
CrossCountry Mortgage, LLC
Entry Level Loan Partner
|
$86,265/yr
|
RANGE: $67,885 - $104,644
|
|
BankWest
Construction Draw / Loan Processor
|
$79,739/yr
|
RANGE: $61,113 - $98,366
|
Top 10 Highest Paying Cities For Loan Associate 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 Loan Associate can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Loan Associate job salaries in South Dakota.
Some cities can pay higher salaries for Loan Associate jobs, which can indicate that there is a large demand for Loan Associate positions in this city.
The following table shows top 10 cities where the Loan Associate salary is higher than other cities in South Dakota.
Sioux Falls takes first place in this list, followed by Brookings, Watertown.
The Loan Associate salary is $39,339 in Sioux Falls,
which is lower than the national average. There is 0 city's Loan Associate salary higher than national average in South Dakota.
The average salary for a Loan Associate in South Dakota is $38,949,
but we found that the city with the highest salary for Loan Associate jobs is Sioux Falls, SD, and it is higher than Brookings.
Loan Associate 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 | $39,339 | $3,278 | $757 | $19 |
| Brookings | $38,689 | $3,224 | $744 | $19 |
| Watertown | $38,689 | $3,224 | $744 | $19 |
| Rapid City | $38,559 | $3,213 | $742 | $19 |
| Deadwood | $37,909 | $3,159 | $729 | $18 |
| Pierre | $36,479 | $3,040 | $702 | $18 |
| Aberdeen | $35,829 | $2,986 | $689 | $17 |
What Does a Loan Associate Do?
If you are thinking of becoming a Loan Associate or planning the next step in your career, find details about.
Updated November 13, 2021
PORTLAND — Gwendolyn Hulit has joined Bangor Savings Bank as mortgage loan officer associate based in Portland.
Updated October 13, 2021
This is an entry level position designed to assist branch Loan Officers (LOs) while preparing the Loan Officer Associate (LOA) to grow into a Loan Officer position.
Updated October 10, 2021
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Explore JobArchitectFrequently Asked Questions About a Loan Associate Salaries
What is the average of a Loan Associate in South Dakota?
The Loan Associate salary range is from $34,315 to $43,196, and the average Loan Associate salary is $38,949/year in South Dakota.
The Loan Associate's salary will change in different locations.
Which location pays the highest Loan Associate salary in the United States?
The Loan Associate salary in San Jose, CA is $54,372
which is the highest in the US.
What kinds of reasons will influence the Loan Associate'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 Loan Associate.
What is the growth rate of the Loan Associate's salary?
If you are thinking of becoming a Loan Associate or planning the next step in your career, find the detailed salary report of a Loan Associate.
