How Much Does a Business Banking Underwriter Make in Springfield, MA?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Business Banking Underwriter in Springfield, MA is $64,868. While Salary.com is seeing that Business Banking Underwriter salary in Springfield, MA can go up to $80,445 or down to $50,515, but most earn between $57,355 and $73,022. 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
Business Underwriter
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Springfield, MA
Per Year
Small Business Underwriter
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Business Loan Underwriter
$67,127
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Banking Business Analyst
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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 Bank
Business Banking Underwriter II
$72,695/yr
$62,978
$82,412
RANGE: $62,978 - $82,412
Huntington National Bank
Business Banking Underwriter II
$76,746/yr
$66,487
$87,005
RANGE: $66,487 - $87,005
Huntington Bank
Business Banking Underwriter IV
$107,636/yr
$90,630
$124,642
RANGE: $90,630 - $124,642
First Merchants Brand
Business Banking Underwriter II
$116,068/yr
$93,260
$138,876
RANGE: $93,260 - $138,876
Community Bank System, Inc.
Business Banking Underwriter
$97,853/yr
$80,408
$115,298
RANGE: $80,408 - $115,298

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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 Springfield, MA?

The Business Banking Underwriter salary range is from $57,355 to $73,022, and the average Business Banking Underwriter salary is $64,868/year in Springfield, MA. 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 $78,053 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.