Loan Officers


Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and methods of payments. Include mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.


Top Industries of Employment

  1. Commercial Banks
  2. Mortgage Bankers And Brokers
  3. Personal Credit Institutions
  4. Credit Unions
  5. Savings Institutions

2002 - 2003 Wages
by MSA and Workforce Investment Areas

Area Employment**
Total
Hourly Wage Annual
Mean Entry Experienced Mean Entry Experienced
Missouri 6,380 23.67 12.87 29.07 49,230 26,770 60,460
Joplin MSA 100 21.11 12.10 25.61 43,910 25,170 53,280
Columbia MSA 150 23.10 13.55 27.87 48,040 28,180 57,970
St Joseph MSA 70 25.96 15.55 31.16 53,990 32,340 64,820
Springfield MSA 450 23.29 11.83 29.02 48,440 24,600 60,370
St Louis MSA 3,720 24.36 12.39 30.35 50,670 25,770 63,120
Kansas City* 980 23.23 14.43 27.62 48,314 30,023 57,459
Central Region* 600 18.61 10.79 22.52 38,709 22,434 46,847
Northeast Region* 140 19.63 13.37 22.75 40,821 27,810 47,327
Northwest Region* 200 23.76 17.12 27.08 49,415 35,599 56,323
Ozark Region* 510 23.23 11.72 28.99 48,320 24,382 60,290
South Central Region* 230 17.57 12.83 19.94 36,547 26,686 41,477
Southeast Region* 320 25.10 17.32 28.99 52,213 36,029 60,304
Southwest Region* 150 20.60 11.83 24.99 42,854 24,603 51,979
St. Charles* 60 27.46 14.73 33.82 57,111 30,646 70,343
St. Louis City* 680 24.08 14.33 28.96 50,090 29,815 60,228
St. Louis County* 2,350 25.83 12.24 32.63 53,731 25,453 67,870
West Central Region* 90 23.72 12.45 29.36 49,339 25,896 61,060
Jefferson/Franklin Consortium* 30 28.98 17.23 34.85 60,272 35,847 72,485

Long-term Employment Projections

Area Employment ** Change 2000-2010 Annual
Avg Openings
Long-term
Outlook
2000 Estimated 2010 Projected Number Percent
Missouri 5,800 6,450 650 11.21 181 Outstanding
Kansas City MSA 1,960 2,040 80 4.08 47 Great
St Louis MSA 3,110 3,550 440 14.15 106 Outstanding
Central Region* 560 670 110 19.64 22 Great
Northeast Region* 210 210 .00 4 Good
Northwest Region* 220 220 .00 4 Good
Ozark Region* 440 500 60 13.64 15 Outstanding
South Central Region* 150 170 20 13.33 5 Great
Southeast Region* 250 260 10 4.00 6 Great
Southwest Region* 220 260 40 18.18 8 Outstanding
West Central Region* 240 250 10 4.17 5 Good

* - Workforce Investment Areas
** - Why are the employment levels different for the same occupation?



This profession generally requires Bachelor's degree in one of the following
Finance, General
Credit Management (NEW)