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Banking Loan Collector Commercial Salary

$66,790 (USD)

Average Salary

$32/hr

Average Hourly

$2,124

Average Bonus

Last updated: December 15, 2019

The average pay for a Banking Loan Collector Commercial is $66,790 a year and $32 an hour in the United States. The average salary range for a Banking Loan Collector Commercial is between $48,106 and $82,283. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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Description:
  • Coordinates activities to collect delinquent commercial loans.
  • Reviews files of commercial loans in default to determine collateral held by bank.
  • Typically requires a four-year college degree in addition to job experience in a related field.
Banking Loan Collector Commercial Job Prevalence in the United States

Job family: Loan Officers

Job family population: 304,950

Estimated population of Banking Loan Collector Commercial jobs: 50,619

Rate of error: 1.2%

Estimated salary in 2024:
$77,428
5 Year Change:
16 %
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Education data not available for this job
Skills data not available for this job

About United States

United States Cost of Living Score:

Banking Loan Collector Commercial Job Listings for United States

VP - Commercial Loan Servicing Manager
Nov 25
us
Citizens Business Bank
Commercial Loan Servicing Manager Summary The Commercial Loan Servicing Manager will report ... Oversee the Bank's Mortgage Pool Portfolio. * Oversee Insurance Tracking maintenance
Commercial Loan Servicing Representative
Nov 26
Mountlake Terrace, WA, USA
1st Security Bank
1st Security Bank has an opportunity for a Commercial Loan Servicing Representative to join our Commercial Lending team in Mountlake Terrace, WA. We are looking for a highly-motivated individual who ...
Senior Commercial Loan Administrator
Nov 14
Seattle, WA, USA
Seattle Bank
Position Summary The position of Senior Commercial Loan Administrator is responsible for administering the Bank's commercial, construction and consumer loan portfolio by partnering with Relationship ...
Commercial Loan Officer III
Sep 24
Reno, NV, USA
Heritage Bank Nevada
About the Role SUMMARY Heritage Bank of Nevada is looking for a talented and motivated Commercial Loan Officer III. The CLO acts as the primary contact for commercial clients and high net worth ...
Vice President Commercial Banking
Nov 25
us
MidWestOne Bank
Requests loan packages according to internal policies and procedures and review for accuracy ... Services customers and potential customers by proactively promoting the Bank to enhance commercial ...

The average pay for a Banking Loan Collector Commercial is $66,790 a year and $32 an hour in the United States. The average salary range for a Banking Loan Collector Commercial is between $48,106 and $82,283. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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Banking Loan Collector Commercial
Banking Loan Collector Commercial
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Similar Job Titles

Banking Loan Collector Commercial
Banking Loan Collector Commercial
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VP - Commercial Loan Servicing Manager
Nov 25
us
Citizens Business Bank
Commercial Loan Servicing Manager Summary The Commercial Loan Servicing Manager will report ... Oversee the Bank's Mortgage Pool Portfolio. * Oversee Insurance Tracking maintenance
Commercial Loan Servicing Representative
Nov 26
Mountlake Terrace, WA, USA
1st Security Bank
1st Security Bank has an opportunity for a Commercial Loan Servicing Representative to join our Commercial Lending team in Mountlake Terrace, WA. We are looking for a highly-motivated individual who ...
Explore our most popular jobs
View our most popular salary searches and other resources