As of March 01, 2025, the average annual salary for a Commercial Loan Officer I in Connecticut is $79,078. According to Salary.com, salaries can range from a low of $60,500 to a high of $102,660, with most professionals earning between $69,354 and $91,422.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $85,123 | $7,094 | $1,637 | $41 |
| Average | $73,630 | $6,136 | $1,416 | $35 |
| 25th Percentile | $64,575 | $5,381 | $1,242 | $31 |
An entry-level Commercial Loan Officer I with under 1 year experience makes about $76,732. With less than 2 years of experience, a mid-level Commercial Loan Officer I makes around $77,880. After 2-4 years, the Commercial Loan Officer I pay rises to about $80,351. Those senior Commercial Loan Officer I with 5-8 years of experience earn roughly $81,807, and those Commercial Loan Officer I having 8 years or more experience are expected to earn about $82,172 on average.
| Levels | Salary |
|---|---|
| Entry Level Commercial Loan Officer I | $76,732 |
| Intermediate Level Commercial Loan Officer I | $77,880 |
| Senior Level Commercial Loan Officer I | $80,351 |
| Specialist Level Commercial Loan Officer I | $81,807 |
| Expert Level Commercial Loan Officer I | $82,172 |
| Entry Level | 4% |
| Mid Level | 6% |
| Senior Level | 9% |
| Top Level | 11% |
| Experienced | 12% |
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Commercial Loan Officer I salary varies from city to city. Compared with national average salary of Commercial Loan Officer I, the highest Commercial Loan Officer I salary is in San Francisco, CA, where the Commercial Loan Officer I salary is 25.0% above. The lowest Commercial Loan Officer I salary is in Miami, FL, where the Commercial Loan Officer I salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $92,037 |
25.0%
|
| Washington, DC | $81,950 |
11.3%
|
| Miami, FL | $71,053 |
|
| Chicago, IL | $77,238 |
4.9%
|
| Boston, MA | $82,539 |
12.1%
|
| New York, NY | $86,000 |
16.8%
|
