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Intermediate Commercial Loan Officer Salary in Minneapolis, Minnesota

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Intermediate Commercial Loan Officer Salary in Minneapolis, MN

How much does a Intermediate Commercial Loan Officer make in Minneapolis, MN? The average Intermediate Commercial Loan Officer salary in Minneapolis, MN is $105,200 as of April 24, 2024, but the range typically falls between $88,900 and $119,800. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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Intermediate Commercial Loan Officer Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Intermediate Commercial Loan Officer Salary $74,060 Minneapolis,MN April 24, 2024
25th Percentile Intermediate Commercial Loan Officer Salary $88,900 Minneapolis,MN April 24, 2024
50th Percentile Intermediate Commercial Loan Officer Salary $105,200 Minneapolis,MN April 24, 2024
75th Percentile Intermediate Commercial Loan Officer Salary $119,800 Minneapolis,MN April 24, 2024
90th Percentile Intermediate Commercial Loan Officer Salary $133,093 Minneapolis,MN April 24, 2024
25% $88,900 10% $74,060 90% $133,093 75% $119,800 $105,200 50%(Median) Didn’t find job title? Click
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Check out Intermediate Commercial Loan Officer Job Openings in Minneapolis, Minnesota

Commercial Loan Officer

Choice Bank - Minneapolis, MN

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VP-Ag/Commercial Loan Officer

Independent Community Bankers of Minnesota - Saint Paul, MN

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Commercial Underwriter (Hybrid)

Great West Casualty Company - Meridian, ID

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Job Description

The Intermediate Commercial Loan Officer interviews applicants and obtains information regarding earnings and financial condition to evaluate the applicant's creditworthiness. Solicits and services a variety of small to moderate size commercial loans. Being an Intermediate Commercial Loan Officer requires a bachelor's degree. Approves or denies loan within established limits, or refers loan to loan committee for approval. In addition, Intermediate Commercial Loan Officer typically reports to a manager or head of a unit/department. Being an Intermediate Commercial Loan Officer gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. Working as an Intermediate Commercial Loan Officer typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)

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Job Openings for Intermediate Commercial Loan Officer in Minneapolis, MN
  • Choice Bank - Minneapolis, MN
    The Commercial Loan Officer manages a loan portfolio of all types of business loans, including SBA, CRE, C&I, and business lines of credit. The Commercial ...
    - 2 Days Ago
  • Independent Community Bankers of Minnesota - Saint Paul, MN
    Citizens Alliance Bank. Location. Clara City, MN. Job Title. VP-Ag/Commercial Loan Officer. Overview. This will be responsible for managing an existing Com...
    - 1 Day Ago
  • Great West Casualty Company - Meridian, ID
    We are now hiring for a Commercial Underwriter, located in our Arlington, TX, Boise, ID or South Sioux City, NE offices. For this position, we need someone...
    - 1 Month Ago
  • The Travelers Companies, Inc. - Walnut Creek, CA
    Who Are We. Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our...
    - 11 Days Ago
  • The Travelers Companies, Inc. - San Antonio, TX
    Who Are We. Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our...
    - 29 Days Ago

Career Path for this job

  1. Down a level:

    Entry Commercial Loan Officer

    0 - 2 years experience
    Bachelor's Degree

  2. This Job:

    Intermediate Commercial Loan Officer

    2 - 4 years experience
    Bachelor's Degree

  3. Up a level:

    Senior Commercial Loan Officer

    4 - 7 years experience
    Bachelor's Degree

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Understand the total compensation opportunity for an Intermediate Commercial Loan Officer, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
88900
119800
105200

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
93800
131000
114000
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Intermediate Commercial Loan Officer in Minneapolis, MN. The base salary for Intermediate Commercial Loan Officer ranges from $88,900 to $119,800 with the average base salary of $105,200. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $93,800 to $131,000 with the average total cash compensation of $114,000.
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88900
119800

 

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About Minneapolis, Minnesota    Minneapolis (/ˌmɪniˈæpəlɪs/ (listen)) is the county seat of Hennepin County and the larger of the Twin Cities, the 16th-largest metropolitan area in t....More

Minneapolis, Minnesota  area prices were up 1.4% from a year ago    View the Cost of Living in Minneapolis, Minnesota

Intermediate Commercial Loan Officer Salary in popular cities: Saint Paul, Rochester, Duluth

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