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Banking Loan Collector Commercial Salary
in Mount Pleasant, Michigan

This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.

$62,490 (USD)

Average Salary

$30/hr

Average Hourly

$1,987

Average Bonus

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Salary Recap

The average pay for a Banking Loan Collector Commercial is $62,490 a year and $30 an hour in Mount Pleasant, Michigan, United States. The average salary range for a Banking Loan Collector Commercial is between $44,243 and $75,675. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Mount Pleasant, Michigan.

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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Salary Potential

Estimated salary in 2029:
$70,193
5 Year Change:
12 %

Shift Differentials

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About Mount Pleasant, Michigan

Mount Pleasant Cost of Living Score:

Description: Mount Pleasant is a city in the U.S. state of Michigan. The city is the county seat of Isabella County, which is part of Central Michigan. The population of Mount Pleasant was 21,688 as of the 2020 census. The city is surrounded by Union Charter Township, but is politically independent. Part of the city (with a population of 8,741) is located within the Isabella Indian Reservation, the base of the federally recognized Saginaw Chippewa Tribal Nation. The tribe's Soaring Eagle Casino & Resort in nearby Chippewa Township is also within the reservation boundaries. Mount Pleasant is home to the main campuses of Central...
Description:
  • Writes letter to customer to demand payment of loan balance.
  • Calls or visits with customer to determine if repayment plan can be established.
  • Reviews files of commercial loans in default to determine collateral held by bank.
  • Initiates collateral liquidation when customer does not repay loan.

Banking Loan Collector Commercial Job Listings for

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Salary Recap

The average pay for a Banking Loan Collector Commercial is $62,490 a year and $30 an hour in Mount Pleasant, Michigan, United States. The average salary range for a Banking Loan Collector Commercial is between $44,243 and $75,675. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Mount Pleasant, Michigan.

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.

Find actuarial salary survey data and benchmark salary and pay.

Powered by ERI's Database

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Job Statistics

Banking Loan Collector Commercial Job Prevalence in the United States

Job family: Loan Officers

Job family population: 321,090

Estimated population of Banking Loan Collector Commercial jobs: 30,857

Rate of error: 0.8%

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Salaries By Location

Banking Loan Collector Commercial
Banking Loan Collector Commercial

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Banking Loan Collector Commercial
Banking Loan Collector Commercial
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Mount Pleasant Cost of Living Score:

Description: Mount Pleasant is a city in the U.S. state of Michigan. The city is the county seat of Isabella County, which is part of Central Michigan. The population of Mount Pleasant was 21,688 as of the 2020 census. The city is surrounded by Union Charter Township, but is politically independent. Part of the city (with a population of 8,741) is located within the Isabella Indian Reservation, the base of the federally recognized Saginaw Chippewa Tribal Nation. The tribe's Soaring Eagle Casino & Resort in nearby Chippewa Township is also within the reservation boundaries. Mount Pleasant is home to the main campuses of Central...
Description:
  • Writes letter to customer to demand payment of loan balance.
  • Calls or visits with customer to determine if repayment plan can be established.
  • Reviews files of commercial loans in default to determine collateral held by bank.
  • Initiates collateral liquidation when customer does not repay loan.
No listings found

Take the guess work out of setting pay

Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.

You May Also Like

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National Compensation Forecast October 2024
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Remote Work, AI, and Compensation Best Practices Survey Results - Spring 2024
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Learn how remote work and artificial intelligence changes how organizations approach labor and compensation practices.
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Learn about current global salary trends and salary increases in 2024 to strategically inform your financial planning decision for the upcoming year.
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Explore our most popular jobs
View our most popular salary searches and other resources