How much does a Chief Credit Officer make in Michigan? The average Chief Credit Officer salary in Michigan is $237,500 as of March 26, 2024, but the range typically falls between $197,800 and $293,100. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Chief Credit Officer Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Chief Credit Officer Salary $161,655 MI March 26, 2024
25th Percentile Chief Credit Officer Salary $197,800 MI March 26, 2024
50th Percentile Chief Credit Officer Salary $237,500 MI March 26, 2024
75th Percentile Chief Credit Officer Salary $293,100 MI March 26, 2024
90th Percentile Chief Credit Officer Salary $343,721 MI March 26, 2024
25% $197,800 10% $161,655 90% $343,721 75% $293,100 $237,500 50%(Median) Didn’t find job title? Click
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Job Description

The Chief Credit Officer is responsible for creating and implementing policies regarding the review of customers credit history and the granting and/or extension of credit lines. Leads the overall credit function. Being a Chief Credit Officer may lead a loan review or other internal committee that has oversight on credit policy. Ensures that research of credit worthiness is effective and complies with all applicable laws and regulations. In addition, Chief Credit Officer may require an advanced degree. Typically reports to top management. The Chief Credit Officer manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head. (Copyright 2024 Salary.com)

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Select a city to view specific salary and bonus information for Chief Credit Officer

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Location Avg. Salary Date Updated
Location Taylor, MI Avg. Salary $241,993 Date Updated March 26, 2024
Location Acme, MI Avg. Salary $226,357 Date Updated March 26, 2024
Location Ada, MI Avg. Salary $233,333 Date Updated March 26, 2024
Location Addison, MI Avg. Salary $241,752 Date Updated March 26, 2024
Location Adrian, MI Avg. Salary $238,144 Date Updated March 26, 2024
Location Afton, MI Avg. Salary $223,470 Date Updated March 26, 2024
Location Ahmeek, MI Avg. Salary $228,762 Date Updated March 26, 2024
Location Akron, MI Avg. Salary $223,711 Date Updated March 26, 2024
Location Alanson, MI Avg. Salary $223,470 Date Updated March 26, 2024
Location Alba, MI Avg. Salary $223,470 Date Updated March 26, 2024