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Average Salary for Farm Credit Employees

The average employee at Farm Credit takes home $56K annually. This report is based on responses to the PayScale salary survey.

How This Employer Pays

Farm Credit typically pays:
3%
above market

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Employer: Farm Credit
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
[-]Loan Officer (9)
$31,883 - $107,200  
   
[-]Loan Officer (9)
Salary$30,438 - $96,702  
   
Bonus$587 - $39,617  
Total Pay$31,883 - $107,200  
[+]Agricultural Loan Officer (3)
$23,420 - $81,410  
   
[+]Agricultural Loan Officer (3)
Salary$23,655 - $73,840  
   
Total Pay$23,420 - $81,410  
[+]Credit Analyst (3)
$34,404 - $62,842  
   
[+]Credit Analyst (3)
Salary$34,245 - $57,828  
   
Bonus$713 - $10,501  
Total Pay$34,404 - $62,842  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 31 Oct 2014 | Individuals Reporting: 44
United States (change)

Years of Experience

For employees with five to ten years at the company, wages tend to be at the $51K mark. On the whole, the greater proportion of employees (29 percent) have a tenure of one to four years and bring home around $47K per year.

Locations

Within the firm, employees working in Indiana take home the most — $110K annually on average.

Jobs

Nearing the top of the pay scale are Loan Officers, Agricultural Loan Officers, and Credit Analysts; while the first receives the highest median pay at $55K, the other salaries come in at about $47K and approximately $45K, respectively.

Certifications and Degrees

Licensed Property & Casualty Insurance Agents are compensated at a much higher rate than non-authorized workers, bringing in close to around $89K. Earning a Notary Public certification garners significant financial rewards of approximately $75K per year. Farm Credit provides the highest financial reward to those with a Master of Business Administration (MBA) — these employees rake in $74K annually.

Skills

When it comes to skills, Data Analysis seems to bolster pay the most; employees who claim proficiency also enjoy a median income of $73K. Financial Analysis is a popular skill among Farm Credit workers, with approximately half of those surveyed reporting using it on the job. Employees also tend to round out their skills sets with Loan Processing, Loan Underwriting, and Customer Service.

Benefits and Perks

The company does pay out vacation and sick days, but these benefits are received by only one-half of workers. A solid majority of workers save up for retirement through a 401(k) plan. Almost all workers have health insurance, and benefits for most workers also include dental insurance. A few more workplace perks are company car / automobile, life insurance, a company cell phone, and free drinks.

Key Stats

Female
46 %
Male
54 %
Salary
$26,179 - $58,958
Salary
$40,425 - $74,236
Less than 1 year
7%
1-4 years
33%
5-9 years
22%
10-19 years
17%
20 years or more
22%
Highly satisfied
Rated 4 out of 5
based on 15 votes.

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