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Business banking officer salary
Average business banking officer salary
$77,195
Understanding Business Banking Officer Salaries
A Business Banking Officer earns an average annual salary of $77,195, translating to approximately $37 per hour. This salary reflects the demand for skilled professionals in the banking sector, particularly those who can provide tailored financial solutions to businesses.
Salaries can vary considerably based on factors such as experience level, geographic location, and the type of financial institution. For instance, entry-level officers might start at a lower range, while those with significant experience or specialized skills can command higher salaries.
In terms of geographic disparities, states like California and New York tend to offer higher salaries due to the cost of living and competition for skilled roles. In contrast, other states may provide more modest compensation but could offer a lower cost of living.
Investing in further education or certifications can also enhance earning potential. As the financial landscape evolves, continuous professional development is essential for aspiring Business Banking Officers looking to maximize their career opportunities.
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Where can a Business Banking Officer earn more?
Business banking officer salaries by experience level
| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level business banking officer | $50,200 | $24.14 |
| Mid-level business banking officer | $82,600 | $39.72 |
| Senior-level business banking officer | $147,000 | $70.89 |
Business banking officer salary estimates from across the web
Average business banking officer salary by state
The highest-paying states for business banking officers are New York, Washington, and Maine. The lowest average business banking officer salary states are Utah, Louisiana, and Tennessee.
- State view
- County view
Highest paying states for business banking officers
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Maine | $92,131 | $44.29 |
| 2 | Minnesota | $85,944 | $41.32 |
| 3 | Iowa | $82,492 | $39.66 |
| 4 | Arkansas | $84,582 | $40.66 |
| 5 | New Mexico | $89,801 | $43.17 |
| 6 | South Dakota | $81,621 | $39.24 |
| 7 | New York | $98,325 | $47.27 |
| 8 | Washington | $97,155 | $46.71 |
| 9 | Montana | $82,949 | $39.88 |
| 10 | New Hampshire | $77,830 | $37.42 |
| 11 | Rhode Island | $83,806 | $40.29 |
| 12 | Massachusetts | $85,160 | $40.94 |
| 13 | Vermont | $84,445 | $40.60 |
| 14 | Oregon | $84,698 | $40.72 |
| 15 | Maryland | $85,848 | $41.27 |
| 16 | Wyoming | $81,576 | $39.22 |
| 17 | Michigan | $73,752 | $35.46 |
| 18 | Wisconsin | $73,316 | $35.25 |
| 19 | Missouri | $75,025 | $36.07 |
| 20 | Nebraska | $72,827 | $35.01 |
| 21 | Colorado | $80,173 | $38.54 |
| 22 | North Dakota | $75,679 | $36.38 |
| 23 | Delaware | $82,309 | $39.57 |
| 24 | Ohio | $70,770 | $34.02 |
| 25 | West Virginia | $71,119 | $34.19 |
| 26 | Kentucky | $68,739 | $33.05 |
| 27 | Alaska | $75,867 | $36.47 |
| 28 | Idaho | $70,475 | $33.88 |
| 29 | Hawaii | $88,116 | $42.36 |
| 30 | Kansas | $68,713 | $33.04 |
| 31 | Texas | $73,732 | $35.45 |
| 32 | Connecticut | $77,038 | $37.04 |
| 33 | South Carolina | $70,267 | $33.78 |
| 34 | Illinois | $73,436 | $35.31 |
| 35 | Oklahoma | $68,590 | $32.98 |
| 36 | Pennsylvania | $66,388 | $31.92 |
| 37 | Nevada | $64,143 | $30.84 |
| 38 | District of Columbia | $79,239 | $38.10 |
| 39 | Alabama | $65,100 | $31.30 |
| 40 | Georgia | $68,671 | $33.01 |
| 41 | California | $73,924 | $35.54 |
| 42 | Indiana | $59,286 | $28.50 |
| 43 | Florida | $68,930 | $33.14 |
| 44 | Utah | $62,841 | $30.21 |
| 45 | Louisiana | $61,713 | $29.67 |
| 46 | Mississippi | $60,997 | $29.33 |
| 47 | Tennessee | $61,316 | $29.48 |
| 48 | Virginia | $66,898 | $32.16 |
| 49 | New Jersey | $67,114 | $32.27 |
| 50 | North Carolina | $63,955 | $30.75 |
| 51 | Arizona | $58,799 | $28.27 |
Highest paying cities for business banking officers
The highest-paying cities for business banking officers are New York, NY, Boston, MA, and Portland, OR.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $98,443 | $47.33 |
| 2 | Boston, MA | $85,260 | $40.99 |
| 3 | Portland, OR | $84,630 | $40.69 |
| 4 | San Francisco, CA | $81,958 | $39.40 |
| 5 | Fort Collins, CO | $80,668 | $38.78 |
| 6 | Austin, TX | $74,529 | $35.83 |
| 7 | Farmington Hills, MI | $73,850 | $35.50 |
| 8 | Springfield, MO | $73,817 | $35.49 |
| 9 | Chicago, IL | $73,748 | $35.46 |
| 10 | Cleveland, OH | $73,025 | $35.11 |
| 11 | Tampa, FL | $68,963 | $33.16 |
| 12 | Atlanta, GA | $68,810 | $33.08 |
| 13 | East Brunswick, NJ | $67,078 | $32.25 |
| 14 | Lancaster, PA | $66,268 | $31.86 |
| 15 | Decatur, AL | $65,700 | $31.59 |
| 16 | Raleigh, NC | $65,133 | $31.31 |
| 17 | Salt Lake City, UT | $62,834 | $30.21 |
| 18 | Carmel, IN | $59,219 | $28.47 |
| 19 | Tempe, AZ | $58,805 | $28.27 |
Business banking officer salary details
A business banking officer's salary ranges from $51,000 a year at the 10th percentile to $115,000 at the 90th percentile.
What is a business banking officer's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $115,000 | $9,583 | $55 |
| 75th Percentile | $95,000 | $7,917 | $46 |
| Average | $77,195 | $6,433 | $37 |
| 25th Percentile | $62,000 | $5,167 | $30 |
| 10th Percentile | $51,000 | $4,250 | $25 |
Highest paying business banking officer jobs
The highest paying types of business banking officers are credit officer, business developer, and business advisor.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Commercial Underwriter | $59,051 | $4,921 | $28.39 | 31,908 |
| Loan Analyst | $37,857 | $3,155 | $18.20 | 24,756 |
| Underwriter | $61,751 | $5,146 | $29.69 | 8,510 |
| Loan Originator | $41,291 | $3,441 | $19.85 | 10,716 |
| Loan Administrator | $42,859 | $3,572 | $20.61 | 63,708 |
| Consumer Loan Underwriter | $53,525 | $4,460 | $25.73 | 17,495 |
Top companies hiring business banking officers now:
Which companies pay business banking officers the most?
Business banking officer salaries at Takeda Pharmaceuticals U.S.A., Inc. and Silicon Valley Bank are the highest-paying according to our most recent salary estimates. In addition, the average business banking officer salary at companies like Citi and University of California, Berkeley are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Takeda Pharmaceuticals U.S.A., Inc. | $92,319 | $44.38 |
| 2 | Silicon Valley Bank | $92,141 | $44.30 |
| 3 | Citi | $89,015 | $42.80 |
| 4 | University of California-Berkeley | $80,218 | $38.57 |
| 5 | HomeTrust Bank | $79,774 | $38.35 |
| 6 | Schneider Electric Industrial Services | $79,464 | $38.20 |
| 7 | Huntington National Bank | $78,945 | $37.95 |
| 8 | The Peoples Bank | $78,273 | $37.63 |
| 9 | Liberty Bank | $75,817 | $36.45 |
| 10 | NBT Bancorp Incorporated | $72,540 | $34.88 |
| 11 | Signature Bank | $71,540 | $34.39 |
| 12 | East West Bank | $70,296 | $33.80 |
| 13 | University of North Carolina | $69,837 | $33.58 |
| 14 | The PNC Financial Services Group | $69,327 | $33.33 |
| 15 | New York State Restaurant Association | $67,649 | $32.52 |
| 16 | Travis Credit Union | $67,545 | $32.47 |
| 17 | Citizens Alliance | $66,707 | $32.07 |
| 18 | BNP Paribas | $66,124 | $31.79 |
| 19 | JPMorgan Chase & Co. | $65,593 | $31.54 |
| 20 | Westamerica Ban | $64,072 | $30.80 |
Wage gap by gender, race and education
Business banking officer salary trends
The average business banking officer salary has risen by $7,157 over the last ten years. In 2014, the average business banking officer earned $70,038 annually, but today, they earn $77,195 a year. That works out to a 0% change in pay for business banking officers over the last decade.
Compare business banking officer salaries for cities or states with the national average over time.
Average business banking officer salary over time
Compare business banking officer salaries for individual cities or states with the national average.
Business banking officer salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $77,200 | $37.11 | +1.1% |
| 2025 | $76,400 | $36.71 | +0.4% |
| 2024 | $76,100 | $36.58 | -2.6% |
| 2023 | $78,000 | $37.52 | +1.6% |
| 2022 | $76,800 | $36.93 | +0.3% |
Recently added business banking officer salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Nbtbancorp | Senior Business Banking Officer | Kingston, PA | 06/30/2025 | $82,318 |
| Canandaigua National Bank & Trust Co | Business Banking Officer II (Syracuse Market) | Syracuse, NY | 06/29/2025 | $88,500 |
| First Hawaiian Bank | Business Banking Officer (Pearlridge) | Aiea, HI | 06/28/2025 | $47,195 |
| NBT Bank | Senior Business Banking Officer | Kingston, PA | 06/28/2025 | $82,318 |
| Umpqua Bank | Business Resilience Officer | Portland, OR | 06/26/2025 | $78,000 |
| Westamerica Ban | Business Banking Officer | Bakersfield, CA | 06/20/2025 | $66,560 |
| Greylock Federal Credit Union | Vice President, Business Banking Officer | Pittsfield, MA | 06/10/2025 | $102,217 |
| Westamerica Ban | Business Banking Officer | Santa Rosa, CA | 05/27/2025 | $74,339 |
| Greylock Federal Credit Union | Vice President, Business Banking Officer | Pittsfield, MA | 05/18/2025 | $102,217 |
| Citizens Financial Group | Business Banking SBA Business Development Officer | Sacramento, CA | 05/17/2025 | $125,000 |
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