Bank Credit Analyst Salary in Grand Rapids, MI

How much does a Bank Credit Analyst make in Grand Rapids, MI?

As of April 01, 2025, the average annual salary for a Bank Credit Analyst in Grand Rapids, MI is $58,867. According to Salary.com, salaries can range from a low of $45,926 to a high of $71,819, with most professionals earning between $52,093 and $65,646.

Search Bank Credit Analyst Jobs in Grand Rapids, MI

How to Become a Credit Analyst

Develop a Job description

Pay Equity

2024 Compensation Trend

Benefits Consulting

Salary range for a Bank Credit Analyst

$52,093 to $65,646

Employers: Find Surveys For This Job

Employers: Price Your Company Jobs

View Average Salary for United States
Adjust Bank Credit Analyst Salary:
Select State
Select City in MI
Choose Similar Job
Pick Related Category
View Cost of Living in Grand Rapids, Michigan

Facing Salary Structure Challenges? Let Our Expert Guide You

The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.

We will handle your contact details in line with our Privacy Policy. If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.

Bank Credit Analyst

Review the job openings and experience requirements for the Bank Credit Analyst job to confirm that it is the job you are seeking.

See user submitted job responsibilities for Bank Credit Analyst.

Search Bank Credit Analyst Job Openings

Job Openings for Bank Credit Analyst in Grand Rapids, MI

What does a Bank Credit Analyst do?

Common responsibilities of a Bank Credit Analyst

Monitors credit policy compliance by verifying adherence to the Commercial Credit Policies, and commenting on any risk associate with non-compliance.

December 10, 2022

Support Managing Director (MD) and Team Leader in credit risk management process.

January 12, 2023

Build working relationships with various teams across the bank, including deal, coverage and product teams.

February 10, 2023

Prepare and submit in conjunction with the Lender loan proposals, the financial and collateral analysis, research data and indication of credit strengths and weaknesses for review and approval.

April 02, 2023

Assist with portfolio review preparation and conducting stress tests.

April 30, 2023

Maintains active relationships with companies in portfolio sufficient to monitor and assess current and potential changes in risk and return.

May 04, 2023

Review all pertinent credit and financial information, including reporting services, credit bureaus, and other companies.

May 08, 2023

Participate in the structure of loan requests, where appropriate, to include suggestions on terms, conditions, collateral and guarantors.

May 14, 2023

Follows written risk and compliance policies and procedures for business activities.

May 14, 2023

Submit Other Responsibilities

Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

Detailed skills and competency reports for specific positions
Job and employee pricing reports
Compensation data tools, salary structures, surveys and benchmarks.

Learn about

Bank Credit Analyst Salary By Experience Levels in Grand Rapids, MI

How much should you be earning in Bank Credit Analyst in Grand Rapids, MI based on your current experience?

Tell us how much experience you have and see an estimate of earnings and view how different experience leavels impact potential pay for Bank Credit Analyst in Grand Rapids, MI

RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Bank Credit Analyst Salary By Level of Education in Grand Rapids, MI

Do you know how much should you be paid for a Bank Credit Analyst position in Grand Rapids, MI based on your education level?

Tell us about your education and see an estimate of earnings for Bank Credit Analyst in Grand Rapids, MI and well to know the impact of education on future careers.

LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Bank Credit Analyst in Grand Rapids, MI

Average Base Salary

Core compensation

52093

65646

58867

Average Total Cash Compensation

Includes base and annual incentives

53377

68673

60502

What is the average salary for Bank Credit Analyst in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Bank Credit Analyst in Grand Rapids, MI. The base salary for Bank Credit Analyst ranges from $52,093 to $65,646 with the average base salary of $58,867. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $53,377 to $68,673 with the average total cash compensation of $60,502.

View Average Salary for Bank Credit Analyst as table

	Average Salary	Average Salary Range
Base Salary	$58,867	$52,093 - $65,646
Bonus	$1,635	$1,284 - $3,026
Total Pay	$60,502	$53,377 - $68,673

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Bank Credit Analyst Salary Near Grand Rapids, MI

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Grand Rapids, MI
CITY, STATE Wyoming, MI	AVERAGE SALARY RANGE $52,093 - $65,646	COMPARE TO Grand Rapids, MI 0%
CITY, STATE Muskegon, MI	AVERAGE SALARY RANGE $50,551 - $63,703	COMPARE TO Grand Rapids, MI
CITY, STATE Kalamazoo, MI	AVERAGE SALARY RANGE $52,742 - $66,464	COMPARE TO Grand Rapids, MI
CITY, STATE Battle Creek, MI	AVERAGE SALARY RANGE $53,335 - $67,212	COMPARE TO Grand Rapids, MI
CITY, STATE Lansing, MI	AVERAGE SALARY RANGE $52,742 - $66,464	COMPARE TO Grand Rapids, MI
CITY, STATE Benton Harbor, MI	AVERAGE SALARY RANGE $52,605 - $66,292	COMPARE TO Grand Rapids, MI

See salaries for Bank Credit Analyst in locations close to Grand Rapids, MI. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Grand Rapids, Michigan

Grand Rapids is the second-largest city in Michigan, and the largest city in West Michigan. It is on the Grand River about 30 miles (48 km) east of Lake Michigan. As of the 2010 census, the city population was 188,040. In 2010, the Grand Rapids metropolitan area had a population of 1,005,648, and the combined statistical area of Grand Rapids-Muskegon-Holland had a population of 1,321,557. Grand Rapids is the county seat of Kent County. A historic furniture-manufacturing center, Grand Rapids is home to five of the world's leading office furniture companies, and is nicknamed Furniture City. Its ...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

View Salary for Similar Jobs to Bank Credit Analyst in Grand Rapids, MI

See Additional Similar Jobs

Loading results...

JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Bank Analyst	LOCATION Grand Rapids, MI	MINIMUM SALARY $42,466	MAXIMUM SALARY $57,403
JOB TITLE Credit Analyst	LOCATION Grand Rapids, MI	MINIMUM SALARY $61,062	MAXIMUM SALARY $76,751
JOB TITLE Bank Compliance Analyst	LOCATION Grand Rapids, MI	MINIMUM SALARY $48,749	MAXIMUM SALARY $66,458
JOB TITLE Bank Fraud Analyst	LOCATION Grand Rapids, MI	MINIMUM SALARY $57,685	MAXIMUM SALARY $77,277
JOB TITLE Private Bank Analyst	LOCATION Grand Rapids, MI	MINIMUM SALARY $68,355	MAXIMUM SALARY $103,536
JOB TITLE Bank Business Analyst	LOCATION Grand Rapids, MI	MINIMUM SALARY $67,104	MAXIMUM SALARY $81,557

The Bank Credit Analyst job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Grand Rapids, MI that might be a good fit for the type of job and salary you are looking for.

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

52093

65646

About Grand Rapids, Michigan Grand Rapids is the second-largest city in Michigan, and the largest city in West Michigan. It is on the Grand River about 30 miles (48 km) east of La....More

Grand Rapids, Michigan area prices were up 1.3% from a year ago

Bank Credit Analyst Salary in popular cities: Detroit, Warren, Sterling Heights

Recently searched related titles: Chemical Operations Specialist, Research Area Specialist Associate, Safety Data Coordinator

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role

Jobs with a similar salary range to Bank Credit Analyst : Ihcra, Fragrance Consultant, Mac Manager