How much does a Community Reinvestment Officer make in Alabama? The average Community Reinvestment Officer salary in Alabama is $82,989 as of February 26, 2024, but the range typically falls between $59,207 and $104,645. 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.

Community Reinvestment Officer Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Community Reinvestment Officer Salary $40,602 AL February 26, 2024
25th Percentile Community Reinvestment Officer Salary $59,207 AL February 26, 2024
50th Percentile Community Reinvestment Officer Salary $82,989 AL February 26, 2024
75th Percentile Community Reinvestment Officer Salary $104,645 AL February 26, 2024
90th Percentile Community Reinvestment Officer Salary $124,363 AL February 26, 2024
25% $59,207 10% $40,602 90% $124,363 75% $104,645 $82,989 50%(Median) Didn’t find job title? Click
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What skills does a Community Reinvestment Officer need?

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.

1.

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.

2.

Community Engagement: Community engagement seeks to engage community to achieve sustainable outcomes, equitable decision-making processes, and deepen relationships and trust between government organisations and communities.

3.

Product Knowledge: Product knowledge is the ability to communicate information and answer questions about a product or service. It is considered an important knowledge area for any role that puts you in front of customers, investors or the media.

Products and Services 5.88%
Community Engagement 1.81%
Product Knowledge 1.36%
Others 90.95%

Job Description for Community Reinvestment Officer

Community Reinvestment Officer oversees the bank's CRA Programs and policies to ensure compliance with federal Community Reinvestment Act banking regulations to meet the credit needs of the area's low to moderate-income populations. Serves as the subject matter expert of CRA laws, rules, and regulations by maintaining a deep and up-to-date knowledge of regulatory requirements, proposed legislation, and announcements. Being a Community Reinvestment Officer reviews and analyzes lending activity data and practices to ensure compliance with CRA policies. Develops, implements, and administers the overall corporate CRA plan and localized or remedial plans with guidelines and standards to assist with compliance. Additionally, Community Reinvestment Officer advises management and coordinates with legal staff on the potential impact of actions. Coordinates and delivers reports to bank leadership and regulatory agencies. Ensures the bank has a positive and visible role in community economic development activities, events, and initiatives. Requires a bachelor's degree or equivalent. Typically reports to a director. The Community Reinvestment Officer work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Community Reinvestment Officer typically requires 4 -7 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Community Reinvestment Officer in Alabama

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Location Avg. Salary Date Updated
Location Georgiana, AL Avg. Salary $80,288 Date Updated February 26, 2024
Location Tanner, AL Avg. Salary $83,889 Date Updated February 26, 2024
Location Abbeville, AL Avg. Salary $77,105 Date Updated February 26, 2024
Location Abernant, AL Avg. Salary $84,264 Date Updated February 26, 2024
Location Adamsville, AL Avg. Salary $85,256 Date Updated February 26, 2024
Location Addison, AL Avg. Salary $82,457 Date Updated February 26, 2024
Location Adger, AL Avg. Salary $84,358 Date Updated February 26, 2024
Location Akron, AL Avg. Salary $84,016 Date Updated February 26, 2024
Location Alabaster, AL Avg. Salary $84,774 Date Updated February 26, 2024
Location Alberta, AL Avg. Salary $82,128 Date Updated February 26, 2024

Career Path for Community Reinvestment Officer

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Community Reinvestment Officer, the first career path typically progresses to Construction Loan Manager.

The second career path typically progresses to Middle Market Lending Manager.

The third career path typically starts with a Vice President of Lending position, and then progresses to Chief Lending Officer.

Additionally, the fourth career path typically progresses to SBA Banking Manager.

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Community Reinvestment Officer Salary in Alabama
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