Main Banker Salary in Springfield, IL
How Much Does a Main Banker make?
Main Banker made a median salary around $101,368 in December, 2024.
The best-paid 25 percent made $118,656 probably that year, while the lowest-paid 25 percent made around $88,843.
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.
Check out
Main Banker
jobs in
Springfield, Illinois
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Best-Paying Cities for Main Banker
The metropolitan areas that pay the highest salary in the Main Banker profession are Bedford Park
, Berwyn
, Broadview
, Brookfield
, Chicago
.
| Bedford Park, IL | $109,624 |
| Berwyn, IL | $109,624 |
| Broadview, IL | $109,624 |
| Brookfield, IL | $109,624 |
| Chicago, IL | $109,624 |
Best-Paying States for Main Banker
The states and districts that pay Main Banker the highest salary are District of Columbia (around $116,312)
, California (around $115,267)
, New Jersey (around $114,535)
, Alaska (around $113,804)
, and Massachusetts (around $113,699)
.
| District of Columbia | $116,312 |
| California | $115,267 |
| New Jersey | $114,535 |
| Alaska | $113,804 |
| Massachusetts | $113,699 |
What is the Career Path of Main Banker?
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 Main Banker, the first career path typically starts with a Financial Advisor IV position , and then progresses to Financial Advising Director.
Additionally, the second career path typically starts with a Private Banker IV position , and then progresses to Private Banking Director.
Besides, Main Banker can also turn to other related jobs, including
Main Bank Cashier
,
Facilities Main Warehouse Person
,
Banker
and
Retail Banker
.
Frequently Asked Questions for Main Banker
Q:
What is the salary range of Main Banker in Springfield, IL?
A:
In 2024
, the lowest-paid Main Banker in Springfield, IL earned an average annual salary of $88,843
, while the highest-paid made $118,656.
Q:
What is the salary for a Main Banker in California?
A:
Main Banker employed in California earned an average salary of $115,267 in 2024.
Average Main Banker Pay vs. Other Jobs
Main Banker earned an average salary of $101,368 in 2024.
Other jobs related to Main Banker earned the following average salary in December, 2024.
Main Bank Cashier
made $36,255
,
Facilities Main Warehouse Person
made $40,888
,
Banker
and
Retail Banker
made $101,368
and $81,638 respectively
.
Relevant Jobs of Main Banker
There is currently no job description for Main Bank Cashier, be the first to
submit
the job responsibilities for Main Bank Cashier.
There is currently no job description for Facilities Main Warehouse Person, be the first to
submit
the job responsibilities for Facilities Main Warehouse Person.
There is currently no job description for Banker, be the first to
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the job responsibilities for Banker.
There is currently no job description for Retail Banker, be the first to
submit
the job responsibilities for Retail Banker.
Mortgage bank is a bank that specializes in originating and/or servicing mortgage loans.
In the US a mortgage bank is a state-licensed banking entity that makes mortgage loans directly to consumers. The difference between a mortgage banker and a mortgage broker is that the mortgage banker funds loans with its own capital.
Generally, a mortgage bank originates a loan and places it on a pre-established warehouse line of credit until the loan can be sold to an investor, which are typically large institutions. The credit risk is typically absorbed by the Agencies, which include Fannie Mae, or Freddie Mac, and Ginnie Mae. The process of selling a loan from the mortgage bank to another investor is referred to as selling the loan on the secondary market. This is in contrast to the primary market, which for mortgages typically refers to the bank buying the mortgage deed of trust from the homeowner for the face amount of the loan, adjusted for discount points and other price adjustments.