As of April 01, 2025, the average annual salary for a Letter of Credit Officer in Lynchburg, VA is $62,283. Salary.com reports that pay typically ranges from $55,069 to $70,406, with most professionals earning between $48,502 and $77,802.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $70,406 | $5,867 | $1,354 | $34 |
| Average | $62,283 | $5,190 | $1,198 | $30 |
| 25th Percentile | $55,069 | $4,589 | $1,059 | $26 |
An entry-level Letter of Credit Officer with under 1 year experience makes about $59,914. With less than 2 years of experience, a mid-level Letter of Credit Officer makes around $60,130. After 2-4 years, the Letter of Credit Officer pay rises to about $62,889. Those senior Letter of Credit Officer with 5-8 years of experience earn roughly $66,284, and those Letter of Credit Officer having 8 years or more experience are expected to earn about $66,527 on average.
| Levels | Salary |
|---|---|
| Entry Level Letter of Credit Officer | $59,914 |
| Intermediate Level Letter of Credit Officer | $60,130 |
| Senior Level Letter of Credit Officer | $62,889 |
| Specialist Level Letter of Credit Officer | $66,284 |
| Expert Level Letter of Credit Officer | $66,527 |
| Entry Level | 13% |
| Mid Level | 13% |
| Senior Level | 9% |
| Top Level | 4% |
| Experienced | 3% |
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