How Much Does a Business Banking Underwriter Make?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Business Banking Underwriter in the United States is $62,345. While Salary.com is seeing that Business Banking Underwriter salary in the US can go up to $77,323 or down to $48,539, but most earn between $55,118 and $70,185. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Business Banking Underwriter
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$60,722
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Similar Job Salaries to Business Banking Underwriter by Company

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Company average base salary in (usd) range
Huntington National Bank
Business Banking Underwriter IV
$86,070/yr
$78,170
$93,970
RANGE: $78,170 - $93,970
Huntington Bank
Business Banking Underwriter IV
$85,837/yr
$77,941
$93,733
RANGE: $77,941 - $93,733
U.S. Bank
Business Banking Post Underwriter
$59,670/yr
$54,166
$65,174
RANGE: $54,166 - $65,174

Open Business Banking Underwriter Jobs in the United States

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What Does a Business Banking Underwriter Do?

The Business Banking Underwriter prepares all loan / lease credit proposals and conducts reviews of existing credit facilities.
Updated December 07, 2021
The Business Banking Underwriter is responsible for underwriting all new loan / lease applications, letter of credit, commercial credit cards and renewal applications.
Updated December 02, 2021

Frequently Asked Questions About a Business Banking Underwriter Salaries

What is the average of a Business Banking Underwriter in the United States?

The Business Banking Underwriter salary range is from $55,118 to $70,185, and the average Business Banking Underwriter salary is $62,345/year in the United States. The Business Banking Underwriter's salary will change in different locations.

Which location pays the highest Business Banking Underwriter salary in the United States?

The Business Banking Underwriter salary in San Jose, CA is $78,635 which is the highest in the US.

What kinds of reasons will influence the Business Banking Underwriter's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Business Banking Underwriter.

What is the growth rate of the Business Banking Underwriter's salary?

If you are thinking of becoming a Business Banking Underwriter or planning the next step in your career, find the detailed salary report of a Business Banking Underwriter.

Recent Salary Report

Below are the most recent Business Banking Underwriter salary reports. Employer name has been removed to protect anonymity.

$34 Hourly
A Business Banking Underwriter in Racine, WI reported making $34 per hour
Racine, WI
7,6 - 15,000 employees
Part-Time
Company - Public
$6,376 Monthly
A Business Banking Underwriter in Santa Clara, CA reported making $6,376 per month
Santa Clara, CA
1,000 - 3,000 employees
Full-Time
Company - Public
$73,854 Yearly
A Business Banking Underwriter in Davenport, IA reported making $73,854 per year
Davenport, IA
200 - 6 employees
Full-Time
Company - Private
$27 Hourly
A Business Banking Underwriter in Mishawaka, IN reported making $27 per hour
Mishawaka, IN
3,000 - 7,6 employees
Part-Time
Company - Public
$68,413 Yearly
A Business Banking Underwriter in Antioch, CA reported making $68,413 per year
Antioch, CA
6 - 1,000 employees
Full-Time
Company - Private
$58,230 Yearly
A Business Banking Underwriter in Lebanon, PA reported making $58,230 per year
Lebanon, PA
100 - 200 employees
Full-Time
Company - Private