As of January 01, 2025, the average annual salary for a Commercial Loan Business Development Officer I in Bangor, ME is $80,308. Salary.com reports that pay typically ranges from $67,235 to $90,972, with most professionals earning between $55,333 and $100,681.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $94,960 | $7,913 | $1,826 | $46 |
| Average | $83,829 | $6,986 | $1,612 | $40 |
| 25th Percentile | $70,183 | $5,849 | $1,350 | $34 |
An entry-level Commercial Loan Business Development Officer I with under 1 year experience makes about $77,861. With less than 2 years of experience, a mid-level Commercial Loan Business Development Officer I makes around $79,412. After 2-4 years, the Commercial Loan Business Development Officer I pay rises to about $81,697. Those senior Commercial Loan Business Development Officer I with 5-8 years of experience earn roughly $82,963, and those Commercial Loan Business Development Officer I having 8 years or more experience are expected to earn about $83,279 on average.
| Levels | Salary |
|---|---|
| Entry Level Commercial Loan Business Development Officer I | $77,861 |
| Intermediate Level Commercial Loan Business Development Officer I | $79,412 |
| Senior Level Commercial Loan Business Development Officer I | $81,697 |
| Specialist Level Commercial Loan Business Development Officer I | $82,963 |
| Expert Level Commercial Loan Business Development Officer I | $83,279 |
| Entry Level | 7% |
| Mid Level | 5% |
| Senior Level | 3% |
| Top Level | 1% |
| Experienced | 1% |
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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.
Products and Services: Knowledge of the full array of our organization's products and services including those that are created for internal customers; insight into the differentiating factors that distinguish them from those of competitors.
Customer Acquisition: Attracting and converting new customers for our business.
Small Business Banking: Small business banking refers to banking services and products designed for small and medium-sized businesses. Banks and credit unions often have special divisions just for their small business clients.
| Skill | Salary | Demand |
|---|---|---|
|
Balance Sheet
|
$92,354 |
15%
|
|
Planning
|
$92,354 |
15%
|
|
Lead Generation
|
$91,551 |
14%
|
|
Coordination
|
$90,748 |
13%
|
|
Customer Contact
|
$89,142 |
11%
|
|
Problem Solving
|
$89,142 |
11%
|
