How Much Does a Commercial Credit Officer Make in Maine?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Commercial Credit Officer in Maine is $47,735. While Salary.com is seeing that Commercial Credit Officer salary in ME can go up to $60,190 or down to $35,780, but most earn between $41,477 and $54,254. 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 Commercial Credit Officer
Assistant Commercial Credit Underwriting and Analysis Officer
$52,011
Maine
Per Year
Commercial Credit
$59,397
Maine
Per Year
Commercial Credit Analyst I
$58,894
Maine
Per Year
Commercial Credit Analyst III
$91,168
Maine
Per Year
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Similar Job Salaries to Commercial Credit Officer by Company

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Company average base salary in (usd) range
Bangor Savings Bank
Commercial Credit Analyst II
$87,528/yr
$72,847
$102,209
RANGE: $72,847 - $102,209
Farm Credit Mid-America
Credit Officer Commercial Agriculture
$102,008/yr
$84,439
$119,577
RANGE: $84,439 - $119,577
Dean Cooperative Bank
Commercial Credit Officer
$96,283/yr
$79,931
$112,635
RANGE: $79,931 - $112,635
Bank of America
Commercial Credit Officer
$93,546/yr
$79,195
$107,897
RANGE: $79,195 - $107,897
United Community
Senior Credit Officer - Commercial
$176,850/yr
$137,361
$216,339
RANGE: $137,361 - $216,339
BMO Bank N.A.
Credit Officer - Commercial Real EState
$218,824/yr
$163,793
$273,855
RANGE: $163,793 - $273,855
JPMorgan Chase
Commercial & Investment Banking Credit Officer
$123,634/yr
$104,623
$142,645
RANGE: $104,623 - $142,645
Cigniti
Credit Specialist
$55,242/yr
$47,705
$62,779
RANGE: $47,705 - $62,779
Cigniti Technologies
Credit Specialist
$54,521/yr
$46,196
$62,846
RANGE: $46,196 - $62,846

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Top 10 Highest Paying Cities For Commercial Credit Officer Jobs in Maine

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Commercial Credit Officer can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Commercial Credit Officer job salaries in Maine. Some cities can pay higher salaries for Commercial Credit Officer jobs, which can indicate that there is a large demand for Commercial Credit Officer positions in this city.
The following table shows top 10 cities where the Commercial Credit Officer salary is higher than other cities in Maine. Portland takes first place in this list, followed by South Portland, Westbrook. The Commercial Credit Officer salary is $48,520 in Portland, which is lower than the national average. There is 0 city's Commercial Credit Officer salary higher than national average in Maine.
The average salary for a Commercial Credit Officer in Maine is $47,735, but we found that the city with the highest salary for Commercial Credit Officer jobs is Portland, ME, and it is higher than South Portland. Commercial Credit Officer jobs in Portland can have the opportunity to earn higher salaries than in other cities in Maine.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Portland $48,520 $4,043 $933 $23
South Portland $48,520 $4,043 $933 $23
Westbrook $48,520 $4,043 $933 $23
Windham $48,471 $4,039 $932 $23
Saco $48,422 $4,035 $931 $23
Biddeford $48,274 $4,023 $928 $23
Lewiston $48,029 $4,002 $924 $23
Auburn $48,029 $4,002 $924 $23
Augusta $47,244 $3,937 $909 $23
Bangor $46,999 $3,917 $904 $23

What Does a Commercial Credit Officer Do?

A first-class commercial loan officer will be someone who can combine sound judgment with professional expertise in processing commercial loan applications.
Updated December 19, 2021
Every time that an entity applies to a commercial credit lender for a loan, a commercial credit analyst is tasked with determining if the potential borrower’s credit can withstand or support the extension of a line of credit.
Updated December 01, 2021
It is not required that a commercial credit analyst obtain specific certifications or possess a certain education, outside of needing a high school diploma or.
Updated November 18, 2021
This role reports to the Commercial Credit Manager or Executive and will be aligned to an Underwriting Team that supports the market.
Updated November 11, 2021
See how CFI's Commercial Banking & Credit Analyst (CBCA™) certification can help you advance your career in Commercial Banking and Credit Analysis.
Updated November 08, 2021

Frequently Asked Questions About a Commercial Credit Officer Salaries

What is the average of a Commercial Credit Officer in Maine?

The Commercial Credit Officer salary range is from $41,477 to $54,254, and the average Commercial Credit Officer salary is $47,735/year in Maine. The Commercial Credit Officer's salary will change in different locations.

Which location pays the highest Commercial Credit Officer salary in the United States?

The Commercial Credit Officer salary in San Jose, CA is $61,570 which is the highest in the US.

What kinds of reasons will influence the Commercial Credit Officer'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 Commercial Credit Officer.

What is the growth rate of the Commercial Credit Officer's salary?

If you are thinking of becoming a Commercial Credit Officer or planning the next step in your career, find the detailed salary report of a Commercial Credit Officer.