Funding Specialist Salary at Merchants Bank Of Indiana BETA

How much does a Merchants Bank Of Indiana Funding Specialist make?

As of December 2024, the average annual salary for a Funding Specialist at Merchants Bank Of Indiana is $76,409, which translates to approximately $37 per hour. Salaries for Funding Specialist at Merchants Bank Of Indiana typically range from $64,353 to $88,677, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Merchants Bank of Indiana Overview

Website:
merchantsbankofindiana.com
Size:
200 - 500 Employees
Revenue:
$200M - $500M
Industry:
Financial Services

Founded in 1923 and headquartered in Carmel, IN, Merchants Bancorp is the holding company for Merchants Bank of Indiana, which is a provider of banking services including multi-family housing and healthcare facility financing and servicing, mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural lending and traditional community banking.

See similar companies related to Merchants Bank Of Indiana

What Skills Does a person Need at Merchants Bank Of Indiana?

At Merchants Bank Of Indiana, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Fundraising: Fundraising or fund-raising (also known as "development" or "advancement") is the process of seeking and gathering voluntary financial contributions by engaging individuals, businesses, charitable foundations, or governmental agencies. Although fundraising typically refers to efforts to gather money for non-profit organizations, it is sometimes used to refer to the identification and solicitation of investors or other sources of capital for for-profit enterprises. Traditionally, fundraising consisted mostly of asking for donations on the street or at people's doors, and this is experiencing very strong growth in the form of face-to-face fundraising, but new forms of fundraising, such as online fundraising, have emerged in recent years, though these are often based on older methods such as grassroots fundraising.
  2. Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.
  3. Communication Skills: Communication skills are your ability to share or understand information, ideas, and feelings successfully.
  4. Social Work: Social work is an academic discipline and profession that concerns itself with individuals, families, groups and communities in an effort to enhance social functioning and overall well-being. Social functioning is the way in which people perform their social roles, and the structural institutions that are provided[by whom?] to sustain them. Social work applies social sciences, such as sociology, psychology, political science, public health, community development, law, and economics, to engage with client systems, conduct assessments, and develop interventions to solve social and personal problems; and to bring about social change. Social work practice is often divided[by whom?] into micro-work, which involves working directly with individuals or small groups; and macro-work, which involves working with communities, and - within social policy - fostering change on a larger scale.
  5. Networking: Ability to maintain, build and expand a personal and business contact list to grow one's career and business opportunities.

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Check more jobs information at Merchants Bank Of Indiana

Job Title Average Merchants Bank Of Indiana Salary Hourly Rate
2 Senior Vice President $208,334 $100
3 Senior Vice President & Chief Financial Officer $424,414 $204
4 Teller $34,986 $17
5 Vice President, Operations $309,764 $149
6 Business Banking Associate $33,853 $16
7 Controller & Assistant Vice President $243,662 $117
8 Corporate Credit Analyst $56,318 $27
9 Escrow Specialist $51,685 $25
10 Executive $282,680 $136
11 IT Business Analyst $76,612 $37
12 IT Systems Analyst $107,100 $51
13 Manager, System Administration $130,780 $63

Hourly Pay at Merchants Bank Of Indiana

The average hourly pay at Merchants Bank Of Indiana for a Funding Specialist is $37 per hour. The location, department, and job description all have an impact on the typical compensation for Merchants Bank Of Indiana positions. The pay range and total remuneration for the job title are shown in the table below. Merchants Bank Of Indiana may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $76,409 look to you?

FAQ about Salary and Jobs at Merchants Bank Of Indiana

1. How much does Merchants Bank Of Indiana pay per hour?
The average hourly pay is $37. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Merchants Bank Of Indiana?
According to the data, the highest approximate salary is about $88,677 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Merchants Bank Of Indiana?
According to the data, the lowest estimated salary is about $64,353 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.