How much does a Credit Analyst make?
Credit Analysts play a key role in the financial industry. They evaluate the creditworthiness of individuals or businesses. The average yearly salary for a Credit Analyst is about $79,916. This means they earn a solid income that can support their lifestyle and career goals.
The salary for a Credit Analyst can vary based on several factors. These factors include experience, education, and location. Here are some specific salary points:
- About 10% earn less than $38,000 a year.
- About 17% earn between $38,000 and $50,000 a year.
- The top 10% earn over $146,000 a year.
What are the highest paying cities for a Credit Analyst?

-
Omaha, NE
Average Salary: $1,593,490
Omaha offers a vibrant mix of finance and insurance firms. Professionals here value stability and strong community ties. You can work for major banks like Mutual of Omaha.
Find Credit Analyst jobs in Omaha, NE
-
Fargo, ND
Average Salary: $487,192
Fargo provides a friendly work environment with opportunities in finance. Companies like Bank of North Dakota offer great benefits. The cost of living is low, making it attractive for many.
Find Credit Analyst jobs in Fargo, ND
-
San Antonio, TX
Average Salary: $131,377
San Antonio has a growing economy with many financial institutions. Companies like Frost Bank and USAA provide solid career paths. The city offers a blend of urban and small-town charm.
Find Credit Analyst jobs in San Antonio, TX
-
Stamford, CT
Average Salary: $122,059
Stamford boasts a strong financial sector. Nearby Wall Street influence means high standards. Companies like Citi and UBS look for skilled analysts. The city provides a high quality of life.
Find Credit Analyst jobs in Stamford, CT
-
Baltimore, MD
Average Salary: $117,625
Baltimore has a mix of urban and suburban living. The city's port supports many finance firms. Companies like T. Rowe Price offer good opportunities. The cost of living is moderate.
Find Credit Analyst jobs in Baltimore, MD
-
Washington, DC
Average Salary: $116,431
Washington, DC is a hub for financial analysis. Many government and private sector firms are located here. Companies like Capital One and JPMorgan Chase offer dynamic work environments. The city offers a rich cultural experience.
Find Credit Analyst jobs in Washington, DC
-
Knoxville, TN
Average Salary: $108,061
Knoxville offers a lower cost of living with a strong community. The city has growing financial sectors. Local banks like First Horizon National provide opportunities. The area is known for its natural beauty and outdoor activities.
Find Credit Analyst jobs in Knoxville, TN
-
Chicago, IL
Average Salary: $105,183
Chicago is a financial powerhouse with many major banks. Companies like Goldman Sachs and Bank of America offer exciting roles. The city's diverse culture and entertainment options make it a great place to work.
Find Credit Analyst jobs in Chicago, IL
-
San Francisco, CA
Average Salary: $103,111
San Francisco has a fast-paced financial industry. The city attracts tech and finance firms alike. Companies like Wells Fargo and Charles Schwab offer innovative opportunities. The city's tech-driven culture is vibrant and dynamic.
Find Credit Analyst jobs in San Francisco, CA
-
Boston, MA
Average Salary: $102,631
Boston is a historic city with a strong financial sector. Many top firms like State Street and Fidelity Investments are based here. The city offers a blend of academic and corporate opportunities. The cost of living is high, but the benefits are great.
Find Credit Analyst jobs in Boston, MA
What are the best companies a Credit Analyst can work for?

-
Intuit
Average Salary: $195,026
Intuit offers Credit Analyst jobs with a focus on financial software. The company operates in the United States, Canada, and other global markets. They offer excellent career growth and innovative work environments.
-
USAA
Average Salary: $156,748
At USAA, Credit Analysts work with a range of financial services tailored for the military and their families. USAA has locations across the United States, providing a dynamic work environment and strong employee benefits.
-
Fitch Ratings
Average Salary: $149,996
Fitch Ratings offers roles where Credit Analysts assess creditworthiness for companies and government entities. The company operates globally, with key locations in New York, London, and Hong Kong.
-
JPMorgan Chase
Average Salary: $128,408
JPMorgan Chase provides Credit Analysts with diverse opportunities across its global operations. The bank operates in over 100 countries, offering a robust career path and extensive professional development.
-
Morgan Stanley
Average Salary: $124,079
Morgan Stanley offers Credit Analyst positions focused on investment banking and wealth management. They operate in major financial centers worldwide, including New York, London, and Hong Kong.
-
Sumitomo Mitsui Trust Bank Limited New York Branch
Average Salary: $121,364
This branch of Sumitomo Mitsui Trust Bank offers Credit Analyst roles with a focus on corporate banking and financial services. They serve clients in the United States and beyond.
-
Liberty Mutual Insurance
Average Salary: $119,731
Liberty Mutual Insurance provides Credit Analysts with opportunities in underwriting and risk management. They have offices across the United States and other countries, offering a stable and supportive work environment.
-
SYNCHRONY FINANCIAL EMPLOYEES HEALTH SERVICES
Average Salary: $112,250
SYNCHRONY offers Credit Analyst roles that focus on the financial health of employees. They operate nationwide, providing comprehensive health benefits and a family-friendly culture.
-
Citi
Average Salary: $104,730
Citi provides Credit Analysts with chances to work in various financial sectors. The company has a global presence with key locations in New York, London, and Hong Kong.
-
U.S. Bank
Average Salary: $102,139
U.S. Bank offers Credit Analyst jobs focusing on consumer and commercial banking. The bank operates in multiple states across the United States, providing a stable and progressive work environment.
How to earn more as a Credit Analyst?
Becoming a Credit Analyst can be a rewarding career path. To earn more in this field, consider focusing on specific areas of development. Improving skills and experience often leads to higher salaries. Here are key factors that can boost earnings.
First, gaining relevant experience helps. More years in the industry allow analysts to take on more responsibility. This leads to higher pay. Second, obtaining industry certifications can make an analyst more valuable. Certifications show dedication and expertise. Third, specializing in high-demand areas like commercial lending or risk management can increase earning potential. Fourth, developing strong analytical skills can lead to better performance. Accurate credit assessments improve a company's bottom line. Finally, staying updated on industry trends ensures analysts remain competitive. Knowledge of new tools and techniques can make an analyst more effective.
By focusing on these areas, Credit Analysts can improve their earning potential. Higher salaries often come from increased knowledge and experience.
- Gain more industry experience
- Obtain relevant certifications
- Specialize in high-demand areas
- Develop strong analytical skills
- Stay updated on industry trends



