Portfolio Managers earn the highest median pay at $97K per year, followed by Real Estate Appraiser, Agriculturals ($75K), Loan Officers (around $58K), and Agricultural Loan Officers ($57K). On the lower end are Loan Assistants at approximately $35K on average.
When it comes to location, the highest average paycheck (about $95K annually) can be spotted in Clovis, N.M.; Austin, Texas (around $73K), Louisville, Ky. ($73K), and Tyler, Texas (about $57K) are the next top-paying cities. Approaching the lower end of the pay scale (at $39K) is Statesville, N.C. By state, Farm Credit pays its Texas employees the most; the pay rate there is approximately $74K per year.
Years of Experience
Average pay is $73K annually for those with five to nine years of experience. Broken down by tenure, the largest share of Farm Credit employees (33 percent) have one to four years of experience and earn about $49K per year on average.
Certifications and Degrees
Monetary compensation comes to around $102K annually for Certified Public Accountants, far surpassing the earnings of non-credentialed workers. State Certified General Real Estate Appraisers with credentials can live quite comfortably; median salaries come in at approximately $97K per year. The highest-paying degree here is a Master of Business Administration (MBA), Business Administration; Farm Credit awards $103K to these degree-holders.
In this position, it pays to have Portfolio Management in your toolkit; employees who claim proficiency enjoy a higher median salary of $95K annually. Financial Analysis is considered a run-of-the-mill skill; over a third of Farm Credit's people use it regularly. Customer Relationship Management, Loan Underwriting, and Commercial Loans were also reported by many survey participants.
Benefits and Perks
The company is somewhat lacking in the benefits department, and only 29 percent report compensation for sick days and vacation time. For employees looking to save up for their golden years, Farm Credit provides an optional 401(k) plan, and a large number of workers participate. Perks cover health insurance for most survey participants and dental coverage for most employees. Perks also include a company cell phone, a casual working environment, life insurance, and tuition reimbursement.