First Federal Bank · 23 hours ago
Commercial Loan Officer
Meridian, Idaho, United States
Full-time
Onsite
Entry, Mid Level
2+ years expFirst Federal Bank is a community-focused financial institution that has been serving its members for over 100 years. They are seeking a Commercial Loan Officer to develop new business relationships, manage customer accounts, and evaluate loan requests while promoting a favorable image of the bank within the community.
BankingCommunitiesFinanceFinancial Services
Responsibilities
Develops new business customer relationships for loan, deposit, and other business banking services
Develops internal and external referral sources through centers of influence, participation in bank events and community activities. Always promotes favorable image of the bank in all business activities within the community
Develops and maintain relationships with branch managers and related staff to facilitate a team environment and successful delivery and cross referrals of products and services
Actively manages customer account relations, which includes logging calls and referrals in the Customer Relationship Management (CRM) system
Manages customer portfolios to maintain appropriate loan documentation and credit quality to retain desirable customer relationships. This includes collecting on delinquent loan payments or missing documentation
Manages large or complex commercial loans. Counsels loan customers on appropriate financing options and strategy when needed
Evaluates potential customer loan requests and approves or denies loans within lending limits or makes recommendations to management
Negotiates credit terms such as costs, repayment methods and collateral specifications
Presents larger credit requests to the Commercial Loan Committee
Provides input in maintaining interest rate structure to be consistent with the banks policies and procedures and to be competitive with current market rates
Reviews First Federal’s loan policy regularly and makes recommendations to management when necessary
Performs assigned business development activities, such as to identify and call on new prospects; assist potential customers in answering questions, handling details necessary to establish new accounts, loan file documentation and other paperwork necessary to complete customer account files
Assesses the workflow process within the Commercial Lending Department and identifies/makes recommendations for improvement
Qualification
Required
A Bachelor's degree in Business, Accounting, Finance, or closely related field
Two (2) years of experience in Commercial Lending or closely related field
Preferred
Three years of experience as a Commercial Loan Officer or Business Banking Officer
Benefits
Paid vacation
Sick leave
Holidays
Health insurance
Dental insurance
Vision insurance
401(K) retirement
Educational assistance
Life insurance
Long-term disability insurance
Paid community service hours
Company
First Federal Bank
At First Fed, we pride ourselves on being Idaho’s only mutual bank with no shareholders or majority owners.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Jason Meyerhoeffer
President and CEO
Michael D Traveller
Chief Financial Officer
Recent News
First Federal Savings Bank
2025-04-11
First Federal Savings Bank
2025-04-10
Company data provided by crunchbase