Director, Business Development Salary at Bfg Federal Credit Union BETA

How much does a Bfg Federal Credit Union Director, Business Development make?

As of April 2025, the average annual salary for a Director, Business Development at Bfg Federal Credit Union is $162,858, which translates to approximately $78 per hour. Salaries for Director, Business Development at Bfg Federal Credit Union typically range from $145,580 to $177,608, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

BFG Federal Credit Union Overview

Website:
bfgfcu.org
Size:
<25 Employees
Revenue:
$5M - $10M
Industry:
Financial Services

BFGFCU is a full service financial institution established in 1935 to serve the employees of the BF Goodrich Company. Since then, more than 300 companies throughout Northeastern Ohio have chosen BFGFCU as the credit union for their employees. In January 2005, our membership charter was expanded so that all individuals who live, work, worship, volunteer, or attend school in Summit County, Ohio are eligible to join the credit union. BFG Federal Credit Union is one of Ohio's largest credit unions with more than 28,000 members and over $173 million in assets. Our successful growth over the years is due, in large part, to the satisfaction and loyalty of our members. As a non-profit financial institution, our sole purpose is to serve our members. After setting aside reserves, credit union earnings are returned to our members in the form of: Higher dividend rates on deposits Lower interest rates on loans Fewer fees Technology driven delivery channels allowing 24/7 access to accounts Personalized service Our tradition of strength provides a safe place for our members to save their hard earned dollars. Monies deposited into accounts at the credit union are federally insured up to $250,000 by the National Credit Union Administration, an agency of the U.S. Government.

See similar companies related to Bfg Federal Credit Union

What Skills Does a person Need at Bfg Federal Credit Union?

At Bfg Federal Credit Union, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Business Development: Business development entails tasks and processes to develop and implement growth opportunities within and between organizations. It is a subset of the fields of business, commerce and organizational theory. Business development is the creation of long-term value for an organization from customers, markets, and relationships. Business development can be taken to mean any activity by either a small or large organization, non-profit or for-profit enterprise which serves the purpose of ‘developing’ the business in some way. In addition, business development activities can be done internally or externally by a business development consultant. External business development can be facilitated through Planning Systems, which are put in place by governments to help small businesses. In addition, reputation building has also proven to help facilitate business development.
  2. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  3. Presentation: Presentation conveys information from a speaker to an audience. Presentations are typically demonstrations, introduction, lecture, or speech meant to inform, persuade, inspire, motivate, build goodwill, or present a new idea/product.
  4. Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.
  5. Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.

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Check more jobs information at Bfg Federal Credit Union

Job Title Average Bfg Federal Credit Union Salary Hourly Rate
2 Consumer Loan Officer $42,620 $20
3 Executive Vice President $255,517 $123
4 Chief Lending Officer $182,907 $88
5 President & Chief Executive Officer $671,496 $323
6 Branch Manager $59,146 $28
7 Mortgage Loan Representative $35,161 $17
8 Assistant Branch Manager $42,904 $21
9 Vice President, Mortgage Lending $207,963 $100

Hourly Pay at Bfg Federal Credit Union

The average hourly pay at Bfg Federal Credit Union for a Director, Business Development is $78 per hour. The location, department, and job description all have an impact on the typical compensation for Bfg Federal Credit Union positions. The pay range and total remuneration for the job title are shown in the table below. Bfg Federal Credit Union may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $162,858 look to you?

FAQ about Salary and Jobs at Bfg Federal Credit Union

1. How much does Bfg Federal Credit Union pay per hour?
The average hourly pay is $78. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Bfg Federal Credit Union?
According to the data, the highest approximate salary is about $177,608 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Bfg Federal Credit Union?
According to the data, the lowest estimated salary is about $145,580 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.