Job Description

Commercial Loan Processor

Kokomo, IN

$18-$22/hr - depending on experience

About First Farmers Bank & Trust

First Farmers Bank & Trust has been proudly serving families, farms, and businesses since 1885, building relationships rooted in trust and community. With over 140 years of experience, we’ve grown to become one of the largest community banks in Indiana and Illinois, offering a full range of financial services—from personal and business banking to agricultural lending and mortgage solutions.

Our mission is simple: deliver personalized financial services while fostering strong relationships that help our communities thrive. We believe in combining today’s digital banking convenience with the traditional values of integrity, perseverance, and customer care.

With 37 branches in Indiana and Illinois, we remain deeply committed to the communities we serve. Through initiatives like financial education programs, scholarships, volunteerism, and local partnerships, we invest in what matters most—people.

At First Farmers, we also invest in our employees. We offer competitive benefits, opportunities for professional growth, and a culture that values collaboration and community engagement. When you join our team, you’re not just starting a job—you’re joining a company built on heart and grit.

Assembles proper loan documentation for commercial and agricultural loan packages and provides support for our loan processing system. Performs variety of clerical duties requiring knowledge of departmental procedures and commercial loan documentation. Assembles and verifies loan documents for accuracy. Maintains and sets up files on each loan and ensures that information is complete and accurate before processing to the loan officer for approval. Provides administrative support to all Commercial/Ag lenders.

Key Responsibilities:

• Prepare loan documents; prepare tickets, etc. as needed
• Leases – process new leases; generate weekly and monthly reports for SCI
• Maintain proper documentation on all FSA, SBA, Agri-Access and Farmer Mac loans
• Assist in processing of loan requests – research loans, codes and collateral
• Prepare mortgage releases
• Assist loan officers as needed; including various administrative tasks
• Insure proper perfection of security for loans
• Track exception documents and verify receipt thereof
• Maintain ticklers
• Ensure schedules and deadlines are met
• Be knowledgeable of loan documentation and regulation
• Perform additional duties as assigned

Requirements

Minimum Qualifications

• Proven ability to successfully manage multiple tasks at the same time
• Proven ability to accurately prepare and deliver documentation, projects, and tasks

Preferred Qualifications

• Prior experience working with systems such as Navigator, ComplianceOne, and Director

Skills

• Must be able to deal tactfully and efficiently with bank customers in handling problems of a relatively complex nature
• Skilled in Microsoft Office Suite (Word, Excel, Outlook)
• Strong communication and phone skills, confidentiality and basic computer skills are desired

Physical Requirements/Working Conditions:

• Normal office environment
• Extended viewing of computer screens
• Moderate lifting up to 25 pounds
• Repetitive hand and arm movement

Benefits Overview:

At First Farmers Bank & Trust, we offer a comprehensive benefits package designed to support your health, financial well-being, and work-life balance:

Health & Wellness

• Medical Insurance (eligible on date of hire) with options for High Deductible Health Plan (HDHP) and Co-Pay Plan
• Vision Coverage
• Dental Coverage
• Prescription Plan
• Wellness Incentive – earn up to $25 per pay period toward premium reduction

Financial Security

• Life & Accidental Death & Dismemberment Insurance – 100% employer-paid
• Short & Long-Term Disability Insurance – 100% employer-paid
• 401(k) Plan
• Profit Sharing Stock Option
• Health Savings Account (HSA) contributions for HDHP participants

Paid Time Off

• Vacation time
• Sick Time
• Personal Day
• 11 Paid Holidays
• Paid Bereavement

Additional Benefits

• Paid time to volunteer (when representing FFBT and supervisor approved)
• Voluntary Donated PTO Program
• Employee Assistance Program
• Travel Assistance Program
• Educational Assistance Program
• Corporate Discounts
• Employee Referral Program
• Stock Purchase Loan Option
• Retirement Plan Counseling
• Wellness Program
• Gym Reimbursement
• Employee Quarterly Recognition Program
• AFLAC supplemental benefits
• Cincinnati Life supplemental coverage
• Family Medical Leave
• Paid Bereavement Leave
• Maternity Leave Policy