Commercial Credit Salary in New Bedford, Massachusetts

How much does a Commercial Credit make in New Bedford, MA?

As of April 01, 2025, the average annual salary for a Commercial Credit in New Bedford, MA is $64,962. Salary.com reports that pay typically ranges from $57,487 to $72,444, with most professionals earning between $50,681 and $79,255.

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Salary range for a Commercial Credit

$57,487 to $72,444

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Commercial Credit

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Job Openings for Commercial Credit in New Bedford, MA

What does a Commercial Credit do?

Common responsibilities of a Commercial Credit

Works with limited oversight, to appropriately and timely underwrite credit and develop the appropriate credit structure in relationship to the credit risk.

November 28, 2022

Demonstrated track record of managing transactions, leading and cultivating individuals, interacting with all levels of the organization and working within a team environment to manage, monitor and grow portfolio in a business environment based upon mutual respect and teamwork.

February 13, 2023

Manages the assigned portfolio by monitoring performance and trends, proactively defining client credit solutions, identifying issues and developing remediation, underwriting and approving credit as designated.

March 02, 2023

Provides an independent assessment of credit risk by identifying loan risks and mitigating waivers or deviations from established policies and procedures by utilizing loan enhancements when applicable.

March 07, 2023

Performs all job functions in compliance with all company policies and federal, state, and local laws and regulations as applicable to the position, including, but not limited to BSA/AML, OFAC and GLBA/privacy rules.

April 20, 2023

Assist relationship managers with the acquisition of information, structuring of credit solutions, closing of loans, completion of servicing actions, and any other required duties.

April 24, 2023

Assists all commercial lenders, as well as mentor and train less experienced lenders, by participating with the lender, as needed, in client meetings in order to assist in identifying and addressing client financial needs and the information the Bank will need to make a credit decision.

April 30, 2023

Complete servicing and loan monitoring functions such as tracking accounts receivable and accounts payable, reviewing monthly borrowing base reports, performing floor plan checks, and reviewing past-due and overdraft lists.

May 01, 2023

Develops a personal program for maintaining an adequate level of knowledge in banking matters, compliance, credit analysis, policies and procedures and personal skills and demonstrates interpersonal behavior, attitude, judgment, communication and initiative with customers and employees to ensure an acceptable degree of performance.

May 08, 2023

Review, analyze and interpret financial statements, perform cash flow and personal financial statement analysis in order to assess the financial strength of a borrower.

May 10, 2023

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Commercial Credit Salary By Experience Levels in New Bedford, MA

How much should you be earning in Commercial Credit in New Bedford, MA based on your current experience?

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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.

Commercial Credit Salary By Level of Education in New Bedford, MA

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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 Commercial Credit in New Bedford, MA

Average Base Salary

Core compensation

57487

72444

64962

Average Total Cash Compensation

Includes base and annual incentives

58904

75784

66766

What is the average salary for Commercial Credit in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Credit in New Bedford, MA. The base salary for Commercial Credit ranges from $57,487 to $72,444 with the average base salary of $64,962. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $58,904 to $75,784 with the average total cash compensation of $66,766.

View Average Salary for Commercial Credit as table

	Average Salary	Average Salary Range
Base Salary	$64,962	$57,487 - $72,444
Bonus	$1,804	$1,416 - $3,340
Total Pay	$66,766	$58,904 - $75,784

* 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.

Commercial Credit Salary Near New Bedford, MA

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO New Bedford, MA
CITY, STATE Fall River, MA	AVERAGE SALARY RANGE $57,487 - $72,444	COMPARE TO New Bedford, MA 0%
CITY, STATE Tiverton, RI	AVERAGE SALARY RANGE $57,433 - $72,375	COMPARE TO New Bedford, MA
CITY, STATE Taunton, MA	AVERAGE SALARY RANGE $58,898 - $74,222	COMPARE TO New Bedford, MA
CITY, STATE Newport, RI	AVERAGE SALARY RANGE $57,084 - $71,936	COMPARE TO New Bedford, MA
CITY, STATE East Providence, RI	AVERAGE SALARY RANGE $56,463 - $71,153	COMPARE TO New Bedford, MA
CITY, STATE Plymouth, MA	AVERAGE SALARY RANGE $58,288 - $73,453	COMPARE TO New Bedford, MA

See salaries for Commercial Credit in locations close to New Bedford, MA. 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 New Bedford, Massachusetts

New Bedford is a city in Bristol County, Massachusetts, United States. As of the 2010 census, the city had a total population of 95,072, making it the sixth-largest city in Massachusetts. New Bedford is nicknamed "The Whaling City" because during the 19th century, the city was one of the most important whaling ports in the world, along with Nantucket, Massachusetts and New London, Connecticut. The city, along with Fall River and Taunton, make up the three largest cities in the South Coast region of Massachusetts and is known for its fishing fleet and accompanying seafood producing industries ...

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

View Salary for Similar Jobs to Commercial Credit in New Bedford, MA

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Commercial Credit Analyst I	LOCATION New Bedford, MA	MINIMUM SALARY $59,798	MAXIMUM SALARY $75,042
JOB TITLE Commercial Credit Analyst III	LOCATION New Bedford, MA	MINIMUM SALARY $89,440	MAXIMUM SALARY $106,000
JOB TITLE Commercial Credit Analysis Manager	LOCATION New Bedford, MA	MINIMUM SALARY $120,187	MAXIMUM SALARY $144,092
JOB TITLE Commercial Credit Analyst II	LOCATION New Bedford, MA	MINIMUM SALARY $65,931	MAXIMUM SALARY $87,189
JOB TITLE Commercial Credit Analyst IV	LOCATION New Bedford, MA	MINIMUM SALARY $104,308	MAXIMUM SALARY $121,742
JOB TITLE Commercial Credit Underwriter	LOCATION New Bedford, MA	MINIMUM SALARY $60,708	MAXIMUM SALARY $76,395

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