First Midwest Equipment Finance Salary
How Much Does First Midwest Equipment Finance Pay for Different Roles?
Executive Vice President
$275,588 / year
Salary Range: $227,461 - $331,359
Operations
Executive
$251,492 / year
Salary Range: $217,466 - $299,082
Digital
Senior Vice President
$185,348 / year
Salary Range: $158,980 - $212,603
Government Affairs
Regional Sales Manager
$108,729 / year
Salary Range: $94,217 - $124,959
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Executive Administrative Assistant
$75,046 / year
Salary Range: $66,976 - $83,462
Administrative Support
Personal Banking Officer
$52,359 / year
Salary Range: $47,051 - $57,137
Operations
Administrative Assistant
$45,698 / year
Salary Range: $41,322 - $50,288
Administrative Assistant II
Senior Credit Specialist
$43,175 / year
Salary Range: $38,734 - $47,814
Finance
Residential Lender
$42,036 / year
Salary Range: $36,141 - $48,262
Mortgage
Consumer Banking Representative
$37,341 / year
Salary Range: $33,745 - $42,449
Banking
Customer Service
$37,331 / year
Salary Range: $33,860 - $41,272
Customer Service
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Current Job Openings at First Midwest Equipment Finance
Is First Midwest Equipment Finance’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Legacy Retirement Group LLC | $88,424 |
-5.5%
|
Legacy Retirement Group LLC focuses strategically on recruiting and training entry-level apprentices. |
| Schoen Land Company LP | $92,010 |
-1.7%
|
Reflects stabilized pricing equilibrium for commercial construction roles in this region. |
| Jdhq Holding LP | $91,409 |
-2.3%
|
Indicates identical technical requirements and experience levels between the two firms. |
| IRH Capital LLC | $94,141 |
+0.6%
|
Confirms IRH Capital LLC is a direct competitor vying for the exact same talent pool. |
| Financial Services Industry | $121,514 |
+29.9%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How First Midwest Equipment Finance's Salaries Compare to Similar Companies?
Legacy Retirement Group LLC
$88,424 / year
Salary Range: $77,551 - $100,185
Dublin, OH
Schoen Land Company LP
$92,010 / year
Salary Range: $80,685 - $104,307
Atlanta, GA
Jdhq Holding LP
$91,409 / year
Salary Range: $80,135 - $103,660
Loveland, CO
IRH Capital LLC
$94,141 / year
Salary Range: $82,573 - $106,672
Northbrook, IL
Citizens Capital
$95,976 / year
Salary Range: $84,185 - $108,757
San Diego, CA
Fund Simple
$84,342 / year
Salary Range: $73,977 - $95,564
Palm Harbor, FL
Utica Equipment Finance LLC
$103,623 / year
Salary Range: $90,893 - $117,427
Norwalk, CT
Equipment Finance Services LLC
$85,956 / year
Salary Range: $75,398 - $97,405
Salt Lake City, UT
Private Business Capital
$96,039 / year
Salary Range: $84,240 - $108,831
Coronado, CA
Employee Reviews: Working at First Midwest Equipment Finance
First Midwest Equipment Finance Overview
What Benefits Does First Midwest Equipment Finance Offer Beyond Salary?
Get an estimated calculation of how much you should be earning and insight into your career options.
What Is the Cost of Living Near Chicago?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,700 - $2,600+ | A significant portion of First Midwest Equipment Finance salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $105 (CTA 30-day pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $430 - $640 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $450 - $800+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $400 - $750+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,225 - $5,025+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of First Midwest Equipment Finance
1. How much does First Midwest Equipment Finance in the United States pay?
First Midwest Equipment Finance pays its employees an average of $93,561 per year. The average salary at First Midwest Equipment Finance range from $82,059 to $106,014 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.
2. Do First Midwest Equipment Finance employees get a higher salary than its peer company?
The salary at First Midwest Equipment Finance is higher than its peer company. The average annual salary at First Midwest Equipment Finance is $93,561, or an hourly wage of $45, in comparison to Legacy Retirement Group LLC which pays $88,424 per year or $43 per hour.
3. What are the highest paying jobs at First Midwest Equipment Finance?
The higher-paying job at First Midwest Equipment Finance, according to our data, include Executive Vice President (avg. $275,588 per year), Executive (avg. $251,492 per year), and Senior Vice President (avg. $185,348 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.
4. How much does salary increase with years of experience at First Midwest Equipment Finance?
Salary progression with years of experience at First Midwest Equipment Finance is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.
5. Do salaries at First Midwest Equipment Finance vary by office location?
Yes, it's very likely that salaries at First Midwest Equipment Finance vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Chicago section provides more context.
6. Does First Midwest Equipment Finance offer good benefits?
First Midwest Equipment Finance typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at First Midwest Equipment Finance" section on this page.
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