Loan Officers and Counselors

Employers

There are approximately 316,200 loan officers and counselors in the United States. They primarily work for commercial banks, savings institutions, credit unions, and mortgage and consumer finance companies.

Starting Out

One way to enter banking as a regular employee is through part-time or summer employment. Anyone can apply for a position by writing to a financial institution officer in charge of personnel or by arranging for an interview. Many institutions advertise in the classified section of local newspapers. The larger banks recruit on college campuses. An officer will visit a campus and conduct interviews at that time. Student career services offices can also arrange interviews.