Work in Compensation or HR?    x
Or browse by:


Average Base Salary


Average Hourly Rate


Average Bonus
The average banking & commercial loan processing clerk salary in Alabama, United States is $38,145 or an equivalent hourly rate of $18. This is 10% lower (-$4,459) than the average banking & commercial loan processing clerk salary in the United States. In addition, they earn an average bonus of $790. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Alabama, United States.
Salary by Experience


Entry Level Salary


Senior Level Salary
An entry level banking & commercial loan processing clerk (1-3 years of experience) earns an average salary of $29,802. On the other end, a senior level banking & commercial loan processing clerk (8+ years of experience) earns an average salary of $44,743.

Are you paid fairly?

Calculate your market salary rate to find out.
Calculate Salary
Job Description
Interview loan applicants to elicit information; investigate applicants' backgrounds and verify references; prepare loan request papers; and forward findings, reports, and documents to appraisal department. Review loan papers to ensure completeness, and complete transactions between loan establishment, borrowers, and sellers upon approval of loan.

Jobs that May Interest You

Retail Assistant Branch Manager - Montgomery Atlanta Hwy
Woodforest National Bank
Motivates and encourage employees to meet and exceed monthly sales goals; markets bank products and services and ensures employees have appropriate knowledge levels of bank offerings. * Participates ...
Retail Banker - Prattville
Woodforest National Bank
Achieves personal sales and referral goals by identifying, marketing, and cross-selling banking products and services beneficial to customer needs. * Enhances customer satisfaction and the ...
Job Fair- Contact Center Banking Professional -Birmingham
Regions Financial Corp
As a banker in the Regions' Contact Center, you will gain a foundation of banking knowledge by working in the heart of our customer service operations. Our Leadership Team takes an active role in ...
Regions Onsite Banking Coordinator - Bilingual
Regions Financial Corp
At Regions, our Regions Onsite Banking Coordinator directly influences acquisition, retention and cross sell tactics for the onsite banking program sector of the consumer business group through ...
Sales & Service Advisor I- Universal Banker- Eight Mile 4565 St. Stephens Road
Overview At BBVA, we are working to make banking better for everyone. That is where you come in. We are looking for smart, team oriented people who want to be part of a first-class workforce that ...
About the Data

The above data is a data available in ERI Economic Research Institute's Global Salary Calculator. The Global Salary Calculator provides compensation data for over 45,000 positions in 8,000+ cities in 69 countries. Try a free demo of the cloud-based Global Salary Calculator.

If you need to calculate competitive levels of salaries, incentives and total compensation by industry, organization size and salary planning date, please view a demonstration version of ERI's Salary Assessor, which is used by the majority of the Fortune 500 for salary survey data and compensation planning. Try a free demo of the cloud-based Salary Assessor.

Discover How Much You Should Be Paid

Get informed of your market rate.

Do you work in HR or Compensation?

Try Free Demo

Try our professional compensation software to generate detailed salary and cost of living reports.

Try Free Demo