Depository & Nondepository Credit Intermediation
This U.S. industry comprises establishments primarily engaged in accepting time deposits, making mortgage and real estate loans, and investing in high-grade securities. Savings and loan associations and savings banks are included in this industry. This industry group also comprises establishments primarily engaged in accepting deposits (or share deposits) and in lending funds from these deposits. Within this group, industries are defined on the basis of differences in the types of deposit liabilities assumed and in the nature of the credit extended. This industry group also comprises establishments, both public (government-sponsored enterprises) and private, primarily engaged in extending credit or lending funds raised by credit market borrowing, such as issuing commercial paper or other debt instruments or by borrowing from other financial intermediaries. Within this group, industries are defined on the basis of the type of credit being extended.
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Occupations
in Demand for Depository & Nondepository Credit Intermediation |
||||||
 |
 |
 |
 |
 |
 |
 |
| Tellers | 490 |
13.1% |
590 |
746 |
Short-term
on-the-job
training |
|
| Customer Service Representatives | 460 |
19.3% |
310 |
708 |
Moderate
on-the-job
training |
|
| First-line Supervisors of Office & Administrative Support Workers | $34,708 |
570 |
2.0% |
340 |
371 |
Related
work experience |
| Loan Officers | 280 |
14.5% |
110 |
212 |
Bachelor's
degree |
|
| New Account Clerks | $28,433 |
30 |
6.5% |
30 |
38 |
Related
work experience |
| Financial Managers | 220 |
17.4% |
70 |
158 |
Bachelor's
or higher degree |
|
| Loan Interviewers & Clerks | $29,295 |
30 |
10.4% |
30 |
51 |
Short-term
on-the-job training |
| Bookkeeping, Acctg., & Auditing Clerks | 1,170 |
1.0% |
630 |
662 |
Moderate
on-the-job training |
|
| General Office Clerks | 1,680 |
4.4% |
1,040 |
1,245 |
Short-term
on-the-job
training |
|
| Securities & Financial Svc Sales Agents | $49,275 |
70 |
14.8% |
20 |
47 |
Bachelor's
degree |
| General & Operations Managers | $64,107 |
760 |
11.3% |
390 |
622 |
Bachelor's
or higher degree |
| Accountants & Auditors | 480 |
19.8% |
280 |
572 |
Bachelor's
degree |
|
| Bill & Account Collectors | $27,644 |
50 |
14.9% |
30 |
55 |
Short-term
on-the-job training |
| Financial Analysts | $52,631 |
50 |
19.6% |
20 |
40 |
Bachelor's
degree |
| Source:
Minnesota Dept.
of Employment & Economic Development |
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