The average salary for an Agricultural Loan Officer is $53,652 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.

$39,554 - $80,286
(Median)
$40K
$54K
$80K
MEDIAN: $53,652
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$30K$60K$90K
Salary
$39,554 - $80,286  
   
Bonus
$983 - $10,850  
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).
)
$39,814 - $88,386  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 82
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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

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

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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

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Experience Affects Agricultural Loan Officer Salaries

Late-Career
up arrow 55%

Experienced
up arrow 30%

Mid-Career
up arrow 22%

National Average
$55,000

Entry-Level
up arrow 11%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 8 votes.

Gender

Female
21 %
Male
79 %

Years of Experience

Less than 1 year
12%
1-4 years
50%
5-9 years
11%
10-19 years
19%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 75%
medical benefits
Vision: 44%
dental benefits
None: 9%
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