Agricultural Loan Officer Salary

The average salary for an Agricultural Loan Officer is $53,310 per year. Most people with this job move on to other positions after 20 years in this career. A skill in Financial Analysis is associated with high pay for this job.

$38,478 - $81,417
$38K
$53K
$81K
MEDIAN: $53,310
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$31K$62K$93K
Salary
$38,478 - $81,417  
   
Bonus
$1,825 - $12,080  
Profit Sharing
$1,021 - $18,121  
Commission
$16,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$37,525 - $91,427  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 74

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United States (change)

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Job Description for Agricultural Loan Officer

Agricultural loan officers work in a financial institution which provides loans to businesses in the agricultural field, such as farmers. They work to provide credit to clients, as well as offer things such as crop insurance and life insurance, and additional services such as appraisals and tax preparation may also be offered, so it's important to understand clients' needs as well as the company’s offerings.

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Agricultural Loan Officer Tasks

  • Obtain and compile financial information to evaluate loan applications and their risk.
  • Generate new clients and referrals through strong relationship building.
  • Track and maintain credit and loan data.
  • Work directly with clients to review agreements, explain programs, and negotiate loans and terms.

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Pay by Experience Level for Agricultural Loan Officer

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Related Job Salaries

Key Stats for Agricultural Loan Officer

Gender

Female
22 %
Male
78 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.
Less than 1 year
18%
1-4 years
48%
5-9 years
10%
10-19 years
18%
20 years or more
5%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Agricultural Loan Officer Salaries

Late-Career
▲56%

Mid-Career
▲33%

Experienced
▲31%

National Average
$55,000

Entry-Level
▼13%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.

Gender

Female
22 %
Male
78 %

Years of Experience

Less than 1 year
18%
1-4 years
48%
5-9 years
10%
10-19 years
18%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 70%
vision benefits
Vision: 40%
dental benefits
None: 11%
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