How much does a Vice President of Lending make in Rockford, IL? The average Vice President of Lending salary in Rockford, IL is $175,633 as of April 24, 2024, but the range typically falls between $152,596 and $211,469. 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. 

Vice President of Lending Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Vice President of Lending Salary $131,621 Rockford,IL April 24, 2024
25th Percentile Vice President of Lending Salary $152,596 Rockford,IL April 24, 2024
50th Percentile Vice President of Lending Salary $175,633 Rockford,IL April 24, 2024
75th Percentile Vice President of Lending Salary $211,469 Rockford,IL April 24, 2024
90th Percentile Vice President of Lending Salary $244,095 Rockford,IL April 24, 2024
25% $152,596 10% $131,621 90% $244,095 75% $211,469 $175,633 50%(Median) Didn’t find job title? Click
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Job Description for Vice President of Lending

Vice President of Lending oversees the lending function in a financial institution or other organization. Oversees the research, development, communication, and implementation of lending policies. Being a Vice President of Lending manages the implementation of the organization's lending strategy, aligning organizational goals with departmental operations. Establishes relationships with stakeholders including regulators, examiners, and other external partners. Additionally, Vice President of Lending ensures organizational goals and budget levels are met, and that staff are trained, informed, and utilized well, and that all state and federal regulations are followed. Requires a bachelor's degree. Typically reports to senior management. The Vice President of Lending manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Vice President of Lending typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)... View full job description

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Career Path for Vice President of Lending

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 Vice President of Lending, the first career path typically progresses to Chief Lending Officer.

Those that have already made the climb...
Robert E. Wolfe, Chairman of the Board, CEO, and CFO
Advanced Oxygen Technologies, Inc., through its subsidiaries, owns and leases a commercial real estate property in Vojens, Denmark. It also engages in the distribution and sale of security straps and tie downs. The company was formerly known as Aquanautic Corporation. The company was incorporated in 1981 and is headqua... More
Fiscal Year Ended in 2023
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Vice President of Lending salary varies from city to city. Compared with national average salary of Vice President of Lending, the highest Vice President of Lending salary is in San Francisco, CA, where the Vice President of Lending salary is 25.0% above. The lowest Vice President of Lending salary is in Miami, FL, where the Vice President of Lending salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Average Base Salary

Core compensation

 
 
 
152596
211469
175633

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
182018
292948
220586
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Vice President of Lending in Rockford, IL. The base salary for Vice President of Lending ranges from $152,596 to $211,469 with the average base salary of $175,633. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $182,018 to $292,948 with the average total cash compensation of $220,586.
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152596
211469

 

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About Rockford, Illinois    Rockford is a city in Winnebago County in the U.S. state of Illinois, in far northern Illinois. Located on the banks of the Rock River, Rockford is t....More

Rockford, Illinois  area prices were up 1.3% from a year ago    View the Cost of Living in Rockford, Illinois

Vice President of Lending Salary in popular cities: ChicagoAuroraJoliet

Skills associated with Vice President of Lending: Commercial Customer Development, Loan Software, Due Diligence, Strategy Development ...More

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