JOB DETAILS

Consumer Loan Officer

CompanyStraits Area Fed Credit Union
LocationIndian River
Work ModeOn Site
PostedJanuary 5, 2026
About The Company
We’ve always been your “Hometown and Friendly Credit Union” Straits Area Federal Credit Union has served Cheboygan County and the surrounding area for over 70 years and we’re very proud of our history of helping members achieve their financial goals. We’re a community based, member-owned not-for-profit cooperative dedicated to providing the highest quality service and unmatched checking, savings, lending, and investment products. We’re committed to making our corner of northern Michigan more prosperous. We’re people who care deeply about the communities of Cheboygan County and work hard to make a better future for everyone a reality. Join us. Be a member. Experience Straits Area Federal Credit Union. Federally Insured By NCUA. Equal Housing Lender.
About the Role

Why join Straits Area Federal Credit Union?
Here at SAFCU, we take pride in giving our members the best experience and service available. In order to achieve our goal, we understand that it starts with our employees. For this reason, we have created an atmosphere that allows each employee to reach their highest potential and set them up for success in the future.

 

Purpose of a loan officer

Effectively establish relationships with members, identify their needs and wants, then offer appropriate solutions in a way that exhibits value along with the risks and benefits


Duties of a loan officer

  • Processes loan and/or visa applications by evaluating applicant information and documentation either in person or electronically.

  • Consult with members about their lending needs to help them achieve their goal while analyzing their credit worthiness.

  • Evaluate loan applications and documentation and requests any other documentation that may be needed in making a solid loan decision.

  • Prepare notes regarding the loan application and submit timely and accurate loan applications to the underwriter(s) for review.

  • Collect closing information that is needed for the closer to be able to close the loan in a timely manner.

  • Help customers by answering questions and responding to requests.

  • Maintain member confidence by keeping loan information confidential.

  • Promote loan products and meet monthly loan goals.
  • Maintain knowledge of lending regulations, the economy and rates

Loan Officer Qualifications & Skills
 

  • Negotiation skills

  • Willingness to ask difficult questions

  • Working under pressure

  • Multitasking many applications at one time

  • Strong computer skills

  • Willingness to learn new programs

  • Excellent written and verbal communication skills

  • Ability to work both in a team and independently​​​​​​​​​​​​​​​​​​​​​
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Certifications

Credit Life and Credit Disability Insurance as well as Financial Counseling. These are not required to have before hiring and will be provided to you through the Credit Union. 

 

Benefits of working at Straits Area Federal Credit Union

 

    • Competitive pay with opportunities for annual raises, promotions, and bonuses

    • Substantial 401k contributions

    • Free individual health insurance

    • Promote from within whenever possible

    • We value making an impact in the community with involvement in many different events/organizations

Key Skills
Negotiation SkillsCommunication SkillsMultitaskingComputer SkillsTeamworkIndependencePressure ManagementLearning Willingness
Categories
Finance & AccountingCustomer Service & SupportSales
Benefits
Competitive Pay401k ContributionsFree Individual Health InsurancePromote From WithinCommunity Involvement
Job Information
📋Core Responsibilities
The loan officer is responsible for establishing relationships with members, identifying their lending needs, and providing appropriate solutions. They process loan applications, consult with members, and ensure timely and accurate submissions to underwriters.
📋Job Type
full time
📊Experience Level
0-2
💼Company Size
14
📊Visa Sponsorship
No
💼Language
English
🏢Working Hours
40 hours
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