Commercial Lenders are awarded the highest paychecks, with average compensation nearing $138K annually; Credit Analysts are next on the list, bringing in close to around $56K per year.
When it comes to location, the highest average paycheck (about $90K annually) can be spotted in Hartford, Conn.; Charleston, W.Va. ($62K), Morgantown, W.Va. ($43K), and Parkersburg, W.Va. (approximately $40K) are the next top-paying cities. Pay rates in the United States are highest in the state of District of Columbia, where they average to $110K per year.
Years of Experience
Five to nine years of work experience seem to result in median wages of $41K annually. When we consider tenure, a substantial portion of employees (44 percent) have been working for one to four years and make $48K per year on average.
Certifications and Degrees
Nationwide Mortgage Licensing System & Registry Certifications earn approximately $49K annually, far more than their non-accredited counterparts. Bigger paychecks are awarded to Notary Publics with credentials; these people earn about $43K per year on average. The best paid folks at United Bank have a B.A. in Bachelor of Arts (BA), earning around $45K annually.
In this position, it pays to have Business Development in your toolkit; employees who claim proficiency enjoy a higher median salary of $108K per year. A relatively widespread skill at United Bank is Financial Analysis; close to a fourth of employees use it for work. Customer Service, Commercial Loans, and Loan Underwriting round out the set of key employee skills.
Benefits and Perks
Merely 19 percent at United Bank earn paid vacation and paid sick time. With an eye toward the future, United Bank offers several choices in retirement planning such as a 401(k) plan and a company pension plan. Perks cover health insurance for most respondents and dental coverage for a strong majority of workers. United Bank employees also enjoy perks such as life insurance.