Financial Processor Salaries in Michigan
How Much Does a Financial Processor Make in Michigan?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Financial Processor in Michigan is $50,113.
While Salary.com is seeing that Financial Processor salary in MI can go up to $60,181
or down to $40,176, but most earn between $44,912 and $55,383.
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 Financial Processor
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Similar Job Salaries to Financial Processor by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
ChoiceOne Bank
Financial Transaction Processor
|
$47,607/yr
|
RANGE: $42,762 - $52,452
|
|
$54,716/yr
|
RANGE: $49,332 - $60,100
|
|
|
Swift Home Loans Inc
Processor
|
$57,429/yr
|
RANGE: $51,778 - $63,080
|
|
TEKsystems
Financial Processor
|
$82,483/yr
|
RANGE: $75,573 - $89,393
|
|
FreeStar Financial Credit Union
Loan Processor
|
$57,222/yr
|
RANGE: $51,461 - $62,982
|
|
Bank of Ann Arbor
Mortgage Processor
|
$58,856/yr
|
RANGE: $52,930 - $64,782
|
|
Ada Valley Meat Co.
Meat Processor
|
$40,535/yr
|
RANGE: $36,863 - $44,207
|
|
Farm Credit
Loan Processor
|
$53,445/yr
|
RANGE: $48,065 - $58,825
|
|
Greenstone
Loan Processor
|
$53,445/yr
|
RANGE: $48,065 - $58,825
|
|
Bodman
Word Processor
|
$70,864/yr
|
RANGE: $63,659 - $78,069
|
Top 10 Highest Paying Cities For Financial Processor Jobs in Michigan
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Financial Processor can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Financial Processor job salaries in Michigan.
Some cities can pay higher salaries for Financial Processor jobs, which can indicate that there is a large demand for Financial Processor positions in this city.
The following table shows top 10 cities where the Financial Processor salary is higher than other cities in Michigan.
Ann Arbor takes first place in this list, followed by Canton, Novi.
The Financial Processor salary is $51,157 in Ann Arbor,
which is higher than the national average. There are 6 cities' Financial Processor salary higher than national average in Michigan.
The average salary for a Financial Processor in Michigan is $50,113,
but we found that the city with the highest salary for Financial Processor jobs is Ann Arbor, MI, and it is higher than Canton.
Financial Processor jobs in Ann Arbor can have the opportunity to earn higher salaries than in other cities in Michigan.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Ann Arbor | $51,157 | $4,263 | $984 | $25 |
| Canton | $51,075 | $4,256 | $982 | $25 |
| Novi | $50,912 | $4,243 | $979 | $24 |
| Detroit | $50,892 | $4,241 | $979 | $24 |
| Warren | $50,892 | $4,241 | $979 | $24 |
| Dearborn | $50,892 | $4,241 | $979 | $24 |
| Dearborn Heights | $50,866 | $4,239 | $978 | $24 |
| Royal Oak | $50,836 | $4,236 | $978 | $24 |
| Westland | $50,821 | $4,235 | $977 | $24 |
| Taylor | $50,811 | $4,234 | $977 | $24 |
What Does a Financial Processor Do?
If you are thinking of becoming a Financial Processor or planning the next step in your career, find details about.
Updated December 18, 2021
Working with an end user, a financial data processor can process raw data feeds or services to help a user achieve:.
Updated November 07, 2021
Upon receipt of your FAFSA information from the federal processor, SEU will email you login instructions for accessing the Web portal where you can track your financial aid status and missing items.
Updated October 27, 2021
Files are either processed by banks or by third-party companies – financial data processors who provide additional added value to those companies who choose to use them.
Updated October 16, 2021
Acting as a managed service provider, a financial data processor will take raw data from the clients' chosen data sources and subject it to the processor's validation routines before onward delivery.
Updated October 01, 2021
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Explore JobArchitectFrequently Asked Questions About a Financial Processor Salaries
What is the average of a Financial Processor in Michigan?
The Financial Processor salary range is from $44,912 to $55,383, and the average Financial Processor salary is $50,113/year in Michigan.
The Financial Processor's salary will change in different locations.
Which location pays the highest Financial Processor salary in the United States?
The Financial Processor salary in San Jose, CA is $64,184
which is the highest in the US.
What kinds of reasons will influence the Financial Processor'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 Financial Processor.
What is the growth rate of the Financial Processor's salary?
If you are thinking of becoming a Financial Processor or planning the next step in your career, find the detailed salary report of a Financial Processor.
