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Last updated: October 31, 2024
Manager Commercial Loans Salary
in Erie, Pennsylvania
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
$145,531 (USD)
Average Salary
$70/hr
Average Hourly
$13,927
Average Bonus
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Last updated: October 31, 2024
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Salary Recap
The average pay for a Manager Commercial Loans is $145,531 a year and $70 an hour in Erie, Pennsylvania, United States. The average salary range for a Manager Commercial Loans is between $98,961 and $178,130. On average, a Bachelor's Degree is the highest level of education for a Manager Commercial Loans. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Erie, Pennsylvania.
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.
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Salary Potential
Salary Potential
Estimated salary in 2029:
$163,470
5 Year Change:
12 %
Shift Differentials
Shift Differentials
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About Erie, Pennsylvania
Erie Cost of Living Score:
Description:
Erie (; EER-ee) is a city on the south shore of Lake Erie and the county seat of Erie County, Pennsylvania, United States. It is the fifth-most populous city in Pennsylvania and the most populous in Northwestern Pennsylvania with a population of 94,831 at the 2020 census. The two-county Erie metropolitan area had a population of 270,876 in 2020. Erie is about 80 miles (130 km) from Buffalo, 90 miles (140 km) from Cleveland, and 120 miles (190 km) from Pittsburgh.
The city was named for the Native American Erie people who lived in the area until the mid-17th century. Its nicknames include "Gem City", a reference to...
Job Summary
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.
Manager Commercial Loans Job Listings for
No listings found
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Salary Recap
The average pay for a Manager Commercial Loans is $145,531 a year and $70 an hour in Erie, Pennsylvania, United States. The average salary range for a Manager Commercial Loans is between $98,961 and $178,130. On average, a Bachelor's Degree is the highest level of education for a Manager Commercial Loans. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Erie, Pennsylvania.
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
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsJob Statistics
Manager Commercial Loans Job Prevalence in the United States
Job family: Financial Managers
Job family population: 787,340
Estimated population of Manager Commercial Loans jobs: 7,401
Rate of error: 1.0%
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.
About Erie, Pennsylvania
Erie Cost of Living Score:
Description:
Erie (; EER-ee) is a city on the south shore of Lake Erie and the county seat of Erie County, Pennsylvania, United States. It is the fifth-most populous city in Pennsylvania and the most populous in Northwestern Pennsylvania with a population of 94,831 at the 2020 census. The two-county Erie metropolitan area had a population of 270,876 in 2020. Erie is about 80 miles (130 km) from Buffalo, 90 miles (140 km) from Cleveland, and 120 miles (190 km) from Pittsburgh.
The city was named for the Native American Erie people who lived in the area until the mid-17th century. Its nicknames include "Gem City", a reference to...
Job Summary
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.
Manager Commercial Loans Job Listings for
No listings found
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake 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
ERI examines compensation trends and changes for the upcoming year to provide guidance on the expected salary increase for the upcoming year.
Read More
Remote Work, AI, and Compensation Best Practices Survey Results - Spring 2024
Learn how remote work and artificial intelligence changes how organizations approach labor and compensation practices.
Read More
Planning Global Compensation Budgets for 2025
Learn about current global salary trends and salary increases in 2024 to strategically inform your financial planning decision for the upcoming year.
Read More