Bank president vs credit manager

The differences between bank presidents and credit managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a bank president and a credit manager. Additionally, a bank president has an average salary of $121,264, which is higher than the $68,583 average annual salary of a credit manager.

The top three skills for a bank president include real estate, treasury and cash management. The most important skills for a credit manager are customer service, financial statements, and credit card.

Bank president vs credit manager overview

	Bank President	Credit Manager
Yearly salary	$121,264	$68,583
Hourly rate	$58.30	$32.97
Growth rate	17%	17%
Number of jobs	36,016	63,898
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 67%
Average age	46	46
Years of experience	8	8

Bank president vs credit manager salary

Bank presidents and credit managers have different pay scales, as shown below.

	Bank President	Credit Manager
Average salary	$121,264	$68,583
Salary range	Between $95,000 And $153,000	Between $39,000 And $119,000
Highest paying City	-	San Francisco, CA
Highest paying state	-	Oregon
Best paying company	-	Microsoft
Best paying industry	-	Finance

Differences between bank president and credit manager education

There are a few differences between a bank president and a credit manager in terms of educational background:

	Bank President	Credit Manager
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 67%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Bank president vs credit manager demographics

Here are the differences between bank presidents' and credit managers' demographics:

	Bank President	Credit Manager
Average age	46	46
Gender ratio	Male, 67.1% Female, 32.9%	Male, 53.9% Female, 46.1%
Race ratio	Black or African American, 8.5% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 9.4% White, 63.4% American Indian and Alaska Native, 0.3%	Black or African American, 7.9% Unknown, 4.1% Hispanic or Latino, 15.3% Asian, 7.8% White, 64.5% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between bank president and credit manager duties and responsibilities

Bank president example responsibilities.

Establish leads by building upon existing clientele and developing relationships with major centers of influence including CPA's and attorneys.
Coordinate the development and management of appropriate personnel information, management database providing seamless integration with payroll and other school functions.
Trade equity and fix income securities for regional asset management groups mutual funds and institutional accounts.

Credit manager example responsibilities.

Manage treasury department including all cash management, bank relationships, and debt negotiations.
Manage an initiative to move customers from checks to ACH with CTX or EDI remittances.
Partner with small and entrepreneurial business to develop business plans and assist business owners with achieving payroll.
Launch the new SBA lending and residential mortgage lending programs.
Complete loan workouts and restructures on SBA 504 and LIHTC multifamily loans.
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Bank president vs credit manager skills

Common bank president skills

Real Estate, 25%
Treasury, 20%
Cash Management, 18%
Commercial Banking, 13%
Financial Products, 6%
Commercial Loans, 3%

Common credit manager skills

Customer Service, 16%
Financial Statements, 9%
Credit Card, 5%
Credit Risk, 5%
Credit Policy, 5%
Customer Accounts, 4%