Loan Officer for Agricultural and Business Financing

2 weeks ago


Sheldon, Iowa, United States Iowa State Bank Inc Full time

Job Type

Full-time

Position Overview

The Lender is accountable for overseeing and facilitating loan activities across various sectors, including consumer, agricultural, commercial, and real estate financing. This role involves collaborating with management to enhance loan objectives, policies, and procedures. The Lender will provide guidance to colleagues engaged in loan processing, ensuring compliance with established controls. Each interaction with clients is viewed as a chance to foster new business opportunities by informing them of beneficial products and services. Continuous customer referrals are an integral part of the relationship-building process at Iowa State Bank Inc.

Key Responsibilities

  • Process diverse loan applications utilizing available programs to enhance or secure loans (e.g., FHA, SBA).
  • Gather and evaluate information regarding clients' financial situations, including income, assets, and debts, to recommend suitable financial products.
  • Advise clients on their financial status and options.
  • Reduce overdue loans by ensuring prudent management of past due accounts.
  • Engage with potential clients to generate new business through outreach initiatives.
  • Maintain relationships with existing clients to assess collateral and foster long-term partnerships.
  • Attract new customers and represent the bank in community engagements.
  • Promote bank products and services while referring clients to appropriate bank personnel.
  • Support management in researching, developing, and implementing new financial products or special projects.
  • Occasionally travel to other branches to assist with loan officer responsibilities as necessary.

Additional Responsibilities
  • Stay informed about trends and developments in the financial and economic sectors.
  • Uphold the organization's vision, mission, and values, demonstrating mutual respect and integrity.
  • Comply with EEO policies and promote a respectful and harassment-free workplace.
  • Ensure adherence to all bank policies and relevant state and federal regulations.
  • Exhibit a strong commitment to both internal and external customer service.
  • Accept additional responsibilities as assigned to align with the values of Iowa State Bank Inc.
  • Possess a four-year college degree or equivalent professional experience.
  • Demonstrate accuracy and meticulous attention to detail.
  • Exhibit excellent communication skills, both verbal and written.


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