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Banking Loan Manager Commercial Salary
in Redding, California

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

$157,762 (USD)

Average Salary

$76/hr

Average Hourly

$15,098

Average Bonus

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Salary Recap

The average pay for a Banking Loan Manager Commercial is $157,762 a year and $76 an hour in Redding, California, United States. The average salary range for a Banking Loan Manager Commercial is between $107,278 and $193,100. On average, a Bachelor's Degree is the highest level of education for a Banking Loan Manager Commercial. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Redding, California.

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:
$177,208
5 Year Change:
12 %

Shift Differentials

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About Redding, California

Redding Cost of Living Score:

Description: Redding is the county seat of Shasta County, California, and the economic and cultural capital of the Shasta Cascade region of Northern California. Redding lies along the Sacramento River, 162 miles (261 km) north of Sacramento, and 120 miles (190 km) south of California's northern border with Oregon. Its population is 95,542 as of 2022, up from 93,611 at the 2020 census.
Description:
  • Manages commercial loan department of a financial institution.
  • Coordinates activities to implement institution's commercial loan policies, procedures, and practices concerning granting or extending lines of credit and loan activities.
  • Develops or approves commercial lending policies and interest rate structures.
  • NOTE: ERI's findings based on asset size.

Banking Loan Manager Commercial Job Listings for

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Salary Recap

The average pay for a Banking Loan Manager Commercial is $157,762 a year and $76 an hour in Redding, California, United States. The average salary range for a Banking Loan Manager Commercial is between $107,278 and $193,100. On average, a Bachelor's Degree is the highest level of education for a Banking Loan Manager Commercial. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Redding, California.

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 Manager Commercial Job Prevalence in the United States

Job family: Financial Managers

Job family population: 787,340

Estimated population of Banking Loan Manager Commercial jobs: 7,401

Rate of error: 1.0%

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Banking Loan Manager Commercial
Banking Loan Manager Commercial
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Redding Cost of Living Score:

Description: Redding is the county seat of Shasta County, California, and the economic and cultural capital of the Shasta Cascade region of Northern California. Redding lies along the Sacramento River, 162 miles (261 km) north of Sacramento, and 120 miles (190 km) south of California's northern border with Oregon. Its population is 95,542 as of 2022, up from 93,611 at the 2020 census.
Description:
  • Manages commercial loan department of a financial institution.
  • Coordinates activities to implement institution's commercial loan policies, procedures, and practices concerning granting or extending lines of credit and loan activities.
  • Develops or approves commercial lending policies and interest rate structures.
  • NOTE: ERI's findings based on asset size.
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

White Papers

National Compensation Forecast October 2024
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Learn how remote work and artificial intelligence changes how organizations approach labor and compensation practices.
Read More
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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