How much does a Commercial Loan Officer I make in Box Elder, MT?
As of October 01, 2026, the average salary for a Commercial Loan Officer I in Box Elder, MT is $62,519 per year, which breaks down to an hourly rate of $30.
However, a Commercial Loan Officer I's salary can vary significantly. Here’s a look at the typical salary range:
Top Earners (90th percentile): $73,724
Majority Range (25th-75th percentile): $53,998 to $68,384
Key Factors That Influence Commercial Loan Officer I Salaries
A Commercial Loan Officer I's salary isn't a fixed number. It's shaped by several important factors.
Below, we'll explore how your years of experience, geographic location, skills and company size can directly affect your earning potential.
How Experience Level Affects Commercial Loan Officer I Salaries?
Experience is a primary driver of a Commercial Loan Officer I's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
Salaries can also vary between different cities.
Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay.
Here are a few examples of average annual salaries in different U.S. cities:
San Jose: $84,035
San Francisco: $83,115
Oakland: $81,364
San Jose, CA$84,035
San Francisco, CA$83,115
Oakland, CA$81,364
New York, NY$76,713
Paramus, NJ$75,780
Queens Village, NY$75,776
Passaic, NJ$75,713
Bergenfield, NJ$75,707
Stamford, CT$75,561
Huntington, NY$75,533
Newark, NJ$75,041
Bridgeport, CT$74,900
Vallejo, CA$74,768
New Brunswick, NJ$74,741
Petaluma, CA$74,701
Middlesex, NJ$74,574
Somerset, NJ$74,528
Santa Cruz, CA$74,441
Boston, MA$74,035
Monterey, CA$73,801
Seattle, WA$73,648
Santa Rosa, CA$73,635
Los Angeles, CA$73,615
Juneau, AK$73,442
Washington, DC$73,369
Orange, CA$73,131
Santa Ana, CA$72,955
Long Beach, CA$72,889
Anaheim, CA$72,876
Anchorage, AK$72,842
Santa Maria, CA$72,642
Everett, WA$72,629
Danbury, CT$72,394
Bremerton, WA$72,303
Tacoma, WA$72,063
New Suffolk, NY$72,061
Sacramento, CA$72,043
Santa Barbara, CA$71,969
Trenton, NJ$71,896
San Diego, CA$71,896
Brockton, MA$71,823
Fairbanks, AK$71,660
Lompoc, CA$71,490
Lowell, MA$71,436
Ventura, CA$71,423
Nashua, NH$71,410
Stockton, CA$71,403
Modesto, CA$70,917
Poughkeepsie, NY$70,770
Olympia, WA$70,644
Kennewick, WA$70,644
New Haven, CT$70,617
Lawrence, MA$70,377
Hartford, CT$70,310
Riverside, CA$70,297
New Bedford, MA$70,230
Richland, WA$70,230
Bakersfield, CA$70,137
San Bernardino, CA$70,111
New Britain, CT$70,104
Atlantic City, NJ$70,104
New London, CT$70,077
Norwich, CT$70,057
Portsmouth, NH$70,044
Boulder, CO$69,903
Portland, OR$69,811
Worcester, MA$69,804
Minneapolis, MN$69,598
Philadelphia, PA$69,504
Honolulu, HI$69,284
Saint Paul, MN$69,252
Vineland, NJ$69,238
Providence, RI$69,045
Chicago, IL$68,851
Bellingham, WA$68,771
Springfield, MA$68,718
Baltimore, MD$68,698
Chico, CA$68,532
Pittsfield, MA$68,352
Manchester, NH$68,225
Spokane, WA$67,932
Denver, CO$67,925
Albany, NY$67,612
Troy, NY$67,585
Nassau, NY$67,514
Schenectady, NY$67,445
Wilmington, DE$67,392
Burlington, VT$67,299
Salem, OR$67,272
Portland, ME$67,066
Yakima, WA$66,999
Rochester, MN$66,793
Reno, NV$66,759
Fresno, CA$66,759
Milwaukee, WI$66,699
Detroit, MI$66,633
Ann Arbor, MI$66,621
Allentown, PA$66,613
Colorado Springs, CO$66,499
Syracuse, NY$66,466
Carson City, NV$66,466
Houston, TX$66,373
Eugene, OR$66,340
Gary, IN$66,260
Springfield, OR$66,206
Bismarck, ND$66,193
Galveston, TX$66,146
Medford, OR$66,046
Fort Collins, CO$66,020
Concord, NH$65,986
Austin, TX$65,966
Mesa, AZ$65,826
Reading, PA$65,820
Phoenix, AZ$65,813
Dallas, TX$65,793
Saint Cloud, MN$65,729
Madison, WI$65,640
Utica, NY$65,460
Rochester, NY$65,353
Des Moines, IA$65,347
Raleigh, NC$65,340
Atlanta, GA$65,240
Battle Creek, MI$65,220
Salt Lake City, UT$65,200
Lancaster, PA$65,100
Harrisburg, PA$65,007
Kansas City, MO$64,940
Champaign, IL$64,927
Kansas City, KS$64,927
Fort Worth, TX$64,920
Columbus, OH$64,909
Boca Raton, FL$64,894
Pittsburgh, PA$64,867
Richmond, VA$64,840
Indianapolis, IN$64,827
Cleveland, OH$64,820
Las Vegas, NV$64,740
Cincinnati, OH$64,740
Petersburg, VA$64,641
Huntsville, AL$64,541
Lansing, MI$64,496
Lebanon, PA$64,487
Pueblo, CO$64,481
Appleton, WI$64,461
Buffalo, NY$64,434
Dayton, OH$64,414
Racine, WI$64,401
Charlotte, NC$64,394
Saint Louis, MO$64,374
York, PA$64,334
Elkhart, IN$64,334
Gastonia, NC$64,321
Billings, MT$64,305
Beaumont, TX$64,287
Lorain, OH$64,274
Benton Harbor, MI$64,261
Toledo, OH$64,247
Binghamton, NY$64,214
Rock Hill, SC$64,207
Rockford, IL$64,174
Springfield, IL$64,148
Elyria, OH$64,141
Fargo, ND$64,141
Flagstaff, AZ$64,094
Fort Lauderdale, FL$64,054
Duluth, MN$64,014
Miami, FL$64,014
Cheyenne, WY$63,968
Grand Forks, ND$63,968
Bangor, ME$63,821
Cedar Rapids, IA$63,748
Durham, NC$63,720
Louisville, KY$63,714
Grand Rapids, MI$63,701
Hialeah, FL$63,694
Casper, WY$63,601
Scranton, PA$63,521
New Orleans, LA$63,501
Virginia Beach, VA$63,495
Akron, OH$63,461
Peoria, IL$63,375
Sarasota, FL$63,361
Nashville, TN$63,315
Omaha, NE$63,315
Green Bay, WI$63,315
Baton Rouge, LA$63,281
Charleston, SC$63,268
Jamestown, NY$63,235
Davenport, IA$63,235
Tucson, AZ$63,201
Saint Petersburg, FL$63,161
Tampa, FL$63,148
Evansville, IN$63,108
Port Arthur, TX$63,108
Bradenton, FL$63,081
Santa Fe, NM$62,962
Orlando, FL$62,842
Clearwater, FL$62,822
Canton, OH$62,682
La Crosse, WI$62,682
Albuquerque, NM$62,642
Newport News, VA$62,635
High Point, NC$62,615
Ogden, UT$62,588
Corpus Christi, TX$62,535
Norfolk, VA$62,495
Laramie, WY$62,495
Rock Island, IL$62,455
Saginaw, MI$62,442
Jacksonville, FL$62,435
Salisbury, NC$62,422
Boise, ID$62,409
Moline, IL$62,375
Fort Myers, FL$62,355
Memphis, TN$62,342
Tulsa, OK$62,309
Waterloo, IA$62,269
Spartanburg, SC$62,202
Lincoln, NE$62,169
Fort Wayne, IN$62,155
Provo, UT$62,149
Cedar Falls, IA$62,069
San Antonio, TX$62,042
Greensboro, NC$62,015
South Bend, IN$62,009
Savannah, GA$61,936
Muskegon, MI$61,909
Birmingham, AL$61,902
Winston Salem, NC$61,870
Lake Charles, LA$61,709
Anderson, IN$61,696
Lexington, KY$61,676
Augusta, GA$61,656
Greenville, SC$61,656
Lima, OH$61,602
Wichita, KS$61,596
Tuscaloosa, AL$61,596
Columbia, SC$61,536
Springfield, OH$61,522
Asheville, NC$61,416
Bloomington, IN$61,369
Knoxville, TN$61,129
Shreveport, LA$61,123
Wilmington, NC$61,036
Roanoke, VA$61,036
Topeka, KS$60,916
Frankfort, KY$60,909
Oklahoma City, OK$60,863
Chillicothe, OH$60,836
Longview, TX$60,830
Melbourne, FL$60,823
Sioux Falls, SD$60,716
Mobile, AL$60,710
Terre Haute, IN$60,683
Altoona, PA$60,643
Amarillo, TX$60,596
Killeen, TX$60,576
Fayetteville, AR$60,523
Chattanooga, TN$60,503
Sioux City, IA$60,443
Idaho Falls, ID$60,430
Lynchburg, VA$60,376
Gainesville, FL$60,290
Portsmouth, OH$60,257
Little Rock, AR$60,243
Lafayette, LA$60,217
Youngstown, OH$60,217
Daytona Beach, FL$60,177
Clarksville, TN$60,170
Pensacola, FL$60,163
Temple, TX$60,159
Hopkinsville, KY$59,963
Erie, PA$59,950
Florence, SC$59,923
Charleston, WV$59,817
Great Falls, MT$59,784
Macon, GA$59,690
Tallahassee, FL$59,684
Fayetteville, NC$59,670
Waco, TX$59,657
Helena, MT$59,610
Pine Bluff, AR$59,585
Vincennes, IN$59,504
Lubbock, TX$59,477
Alamogordo, NM$59,437
Twin Falls, ID$59,377
Rapid City, SD$59,357
Jackson, MS$59,237
Huntington, WV$59,233
Greenville, MS$59,231
Parkersburg, WV$59,163
Montgomery, AL$59,151
Wichita Falls, TX$59,084
Springfield, MO$59,084
Biloxi, MS$59,051
Monroe, LA$58,984
Johnstown, PA$58,937
Sumter, SC$58,911
Columbus, GA$58,904
Pascagoula, MS$58,777
Abilene, TX$58,777
Kingsport, TN$58,604
Albany, GA$58,604
Gulfport, MS$58,584
Alexandria, LA$58,364
Fort Smith, AR$58,198
El Paso, TX$58,018
Las Cruces, NM$57,718
Harlingen, TX$57,549
Pocatello, ID$57,538
Florence, AL$57,452
Brownsville, TX$57,438
Mcallen, TX$57,298
Dothan, AL$57,205
Columbus, MS$56,809
Altus, OK$56,499
Lawton, OK$56,372
Pierre, SD$56,132
What Skills Can Increase a Commercial Loan Officer I's Salary?
Demanded Skills for the Role:
Analysis (Mentioned in 8.28% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Financial Statements (Mentioned in 2% Job Postings): Obtaining and creating formal records of business activities and cash flows to provide results for financial performance.
Bank Secrecy Act (Mentioned in 1.18% Job Postings): The Currency and Foreign Transactions Reporting Act of 1970—which legislative framework is commonly referred to as the "Bank Secrecy Act" (BSA)—requires U.S. financial institutions to assist U.S. government agencies to detect and prevent money laundering.
Mastering certain specialized skills can lead to a significant increase in pay.
Here are examples of skills and the potential impact they can have on a Commercial Loan Officer I's salary.
Risk Management: Can increase your salary by up to 13%.
Portfolio Management: Can increase your salary by up to 10%.
Community Development: Can increase your salary by up to 10%.
Commercial Loan Officer I Salary by Company Size: Startups vs. Enterprise
Commercial Loan Officer I salary potential scales significantly with company size.
Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $67,320.
While startup companies pay approximate $57,076.
Commercial Loan Officer I Salary by Company Size
Company Size
Employees
Average Salary
Startup
1~50
$57,076
Growth Stage
51~500
$60,347
Established
501~5000
$65,015
Enterprise
5000+
$67,320
Commercial Loan Officer I Salary by Industry: Top Paying Sectors
For Commercial Loan Officer I roles, the industry you choose can affect earning potential
by as much as 80% (the gap between the highest and lowest paying industries).
Data shows that the Financial Services and Business Services
sectors offer the strongest compensation, at 40% above the average.
In contrast, Commercial Loan Officer positions in Insurance or Edu., Gov't. & Nonprofit typically offer lower base pay,
as these industries often view Commercial Loan Officer I as a support function rather than a direct revenue driver.
The top paying industries for a Commercial Loan Officer I
Industry Sector
Average Annual Salary
Average Hourly Rate
Pay vs.Avg
Financial Services
$93,276
$45.0
40%
Business Services
$79,951
$38.0
20%
Commercial Loan Officer I Salary: Hourly Rate, Weekly Pay, and Monthly Pay
Understanding how a Commercial Loan Officer I's annual salary breaks down can help with budgeting.
Below, you can see the average hourly rate, weekly pay, and monthly pay for this role.
Use the buttons to switch between different pay periods.
Yearly
Monthly
Weekly
Hourly
Table View
Last Updated on October 01, 2026
$53,998
Average$62,519/year
$68,384
$4,500
Average$5,210/month
$5,699
$1,038
Average$1,202/week
$1,315
$26
Average$30/hour
$33
Annual Salary
Monthly Pay
Weekly Pay
Hourly Wage
75th Percentile
$68,384
$5,699
$1,315
$33
Average
$62,519
$5,210
$1,202
$30
25th Percentile
$53,998
$4,500
$1,038
$26
Commercial Loan Officer I Salary Growth & Career Path
Promotions are the fastest way to increase your earnings.
As a Commercial Loan Officer I, you have the following paths for advancement.
The table below compares the salary raises for common next-step roles.
By comparing these figures, you can choose the career path that best meets your financial goals.
Commercial Loan Officer I Salary Growth and Career Path
Next Step Role
Estimate Salary
Projected Raise
Commercial Loan Officer II
$91,242
46%
Commercial Loan Documentation Associate II
$81,556
30%
Commercial Real Estate Loan Officer II
$104,084
66%
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Where Does Our Salary Data Come From?
Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources.
We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right.
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