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Community Development Banking Jobs in Minnesota (NOW HIRING)

Associated Bank

Community Banker I

Moundsview, MN · On-site

$19 - $23.75/hr

If you thrive in an environment where your growth and development are encouraged and supported ... Educate customers on digital banking options and demonstrate tools that enhance their banking ...

Associated Bank - Corp

Community Banker I

Moundsview, MN · On-site

$19 - $23.75/hr

If you thrive in an environment where your growth and development are encouraged and supported ... Educate customers on digital banking options and demonstrate tools that enhance their banking ...

Old National Bank

Banking Center Manager

Madison, MN · On-site

$60K - $121K/yr

We offer a unique opportunity to join a growing, community and client-focused company that is ... development and evaluation of staff; meeting individual sales goals; utilization of sales ...

First Bank Elk River

Business Banking Officer 3

Rogers, MN · On-site

$124K - $186K/yr

Community Involvement - Represent First Bank Elk River in the community and Professional Development - Develop a personal growth plan, which includes continuing education. Requirements Excellent ...

Old National Bank

Banking Center Manager

Willmar, MN · On-site

$60K - $121K/yr

Overview Old National Bank has been serving clients and communities since 1834. With over $70 ... development and evaluation of staff; meeting individual sales goals; utilization of sales ...

New

Old National Bank

Banking Center Manager

Madison, MN · On-site

$60K - $121K/yr

Overview Old National Bank has been serving clients and communities since 1834. With over $70 ... development and evaluation of staff; meeting individual sales goals; utilization of sales ...

Old National Bank

Banking Center Manager

Willmar, MN · On-site

$60K - $121K/yr

We offer a unique opportunity to join a growing, community and client-focused company that is ... development and evaluation of staff; meeting individual sales goals; utilization of sales ...

New

Old National Bank

Banking Center Manager

Willmar, MN

$60K - $121K/yr

Old National Bank has been serving clients and communities since 1834. With over $70 billion in ... development and evaluation of staff; meeting individual sales goals; utilization of sales ...

New

Old National Bank

Banking Center Manager

Madison, MN

$60K - $121K/yr

Old National Bank has been serving clients and communities since 1834. With over $70 billion in ... development and evaluation of staff; meeting individual sales goals; utilization of sales ...

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All JobsCommunity Development Banking JobsCommunity Development Banking Jobs in Minnesota

Community Development Banking information

See Minnesota salary details

$34.8K

$74.6K

$116.1K

How much do community development banking jobs pay per year?

As of Aug 2, 2026, the average yearly pay for community development banking in Minnesota is $74,604.00, according to ZipRecruiter salary data. Most workers in this role earn between $57,300.00 and $89,600.00 per year, depending on experience, location, and employer.

What does a community banking officer do?

A community banking officer manages relationships with local clients and businesses, providing financial services such as loans, deposits, and financial advice. They assess customer needs, promote banking products, and ensure compliance with banking regulations, often working closely with community organizations. Strong communication skills and knowledge of local markets are essential for this role.

What jobs can you do with community development?

Community development offers roles such as community development officer, urban planner, housing coordinator, and economic development specialist. These jobs typically involve project management, stakeholder engagement, and knowledge of local policies, often requiring skills in communication, planning, and community outreach.

What are the key skills and qualifications needed to thrive in the Community Development Banking position, and why are they important?

To thrive in Community Development Banking, you need a background in finance, knowledge of community reinvestment laws, and experience with lending or credit analysis, often supported by a bachelor's degree in finance, economics, or a related field. Familiarity with loan origination systems, credit risk assessment tools, and Community Reinvestment Act (CRA) compliance software is typically required. Strong relationship-building, interpersonal communication, and problem-solving skills help individuals stand out in this field. These skills are crucial for effectively supporting under-served communities while managing financial risk and ensuring regulatory compliance.

What is a Community Development Banking job?

A Community Development Banking job focuses on providing financial services and investment to underserved communities, promoting economic growth and stability. Professionals in this field work with local businesses, nonprofits, and government agencies to support affordable housing, small business development, and community revitalization efforts. They help structure loans, grants, and other financial products tailored to meet the unique needs of low-income communities. Their goal is to increase financial inclusion and foster long-term economic sustainability.

What is a community development banker?

A community development banker is a financial professional who works for banks or financial institutions to support economic growth in underserved communities. They evaluate and structure loans, grants, and investments to promote affordable housing, small business development, and community revitalization, often requiring knowledge of local needs and regulatory compliance.

What are the primary responsibilities of a Community Development Banking professional on a day-to-day basis?

Community Development Banking professionals typically work with local organizations, small businesses, and individuals to structure loans and financial solutions that support community revitalization and economic growth. Their day-to-day tasks may include evaluating loan applications, conducting outreach to identify development opportunities, and ensuring compliance with relevant regulations such as the CRA. They often collaborate with internal credit teams, nonprofit partners, and government agencies to advance community-focused projects. This role offers a dynamic mix of client interaction, financial analysis, and impact-driven work aimed at making a positive difference in the communities served.

What is the highest paying job in the banking industry?

In community development banking, executive roles such as Chief Executive Officer (CEO) or Chief Financial Officer (CFO) tend to be the highest paid, often earning six-figure salaries plus bonuses. These positions require extensive experience, leadership skills, and often advanced degrees or certifications like CPA or CFA.
What are popular job titles related to Community Development Banking jobs in Minnesota? For Community Development Banking jobs in Minnesota, the most frequently searched job titles are:
What job categories do people searching Community Development Banking jobs in Minnesota look for? The top searched job categories for Community Development Banking jobs in Minnesota are:
Community Development Banking jobs near you
Infographic showing various Community Development Banking job openings in Minnesota as of July 2026, with employment types broken down into 1% As Needed, 85% Full Time, 12% Part Time, and 2% Contract. Highlights an 91% Physical, 4% Hybrid, and 5% Remote job distribution, with an average salary of $74,604 per year, or $35.9 per hour.

Mortgage Community Development Loan Officer

Bell Bank

Minneapolis, MN • On-site

Full-time

Re-posted 24 days ago

Bell Bank rating

6.5

Company rating: 6.5 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

145th of 170 rated banks

Job description

The Mortgage Community Development Loan Officer expands sustainable homeownership opportunities for low-to-moderate income (LMI) individuals, families, and underserved communities. This role combines mortgage lending expertise with community engagement to increase access to affordable homeownership solutions and promote financial empowerment and generational wealth building.
Under minimal supervision, the Mortgage Community Development Loan Officer originates mortgage loans that meet regulatory, investor, and portfolio requirements, including Housing Finance Agency (HFA), first-time homebuyer, affordable lending, and down payment assistance programs. In addition, this position serves as a community ambassador and strategic partner by cultivating relationships with nonprofit organizations, housing agencies, community advocates, and internal stakeholders to advance Community Reinvestment Act (CRA) and Fair Lending objectives.
Responsibilities
Mortgage Loan Origination & Customer Advisory
  • Originate residential mortgage loans in compliance with agency, investor, regulatory, and bank portfolio guidelines, with a focus on supporting CRA and Fair Lending initiatives.
  • Consult with prospective borrowers to assess financing needs, explain available mortgage solutions, and guide them through the home financing process.
  • Collect, analyze, and verify borrower information for loan applications, underwriting, disclosures, and approval.
  • Evaluate creditworthiness and determine eligibility for affordable lending and down payment assistance programs.
  • Structure loan transactions to align with product requirements and investor guidelines.
  • Enter and maintain accurate loan information within the loan origination system and coordinate appraisal and documentation requirements.
  • Submit loans through automated underwriting systems and review findings to ensure compliance with program guidelines.
  • Prepare and deliver required disclosures, including Loan Estimates and redisclosures, within regulatory timeframes.
  • Coordinate with processors, underwriters, closers, real estate professionals, and borrowers to ensure a seamless customer experience.
  • Review Closing Disclosures with borrowers and prepare customers for successful loan closings.
  • Issue prequalification determinations based on preliminary analysis of borrower eligibility.
  • Maintain current knowledge of mortgage products, investor requirements, affordable housing programs, compliance requirements, and market conditions.
  • Develop and execute business development and marketing plans to expand market presence and increase loan production.

Community Development & Outreach
  • Develop and maintain strong partnerships with nonprofit organizations, housing agencies, community groups, and other organizations serving LMI and underserved populations.
  • Serve as a trusted community resource by promoting affordable homeownership opportunities and financial education.
  • Plan, coordinate, and facilitate homebuyer education workshops, financial wellness seminars, and community outreach events.
  • Represent Bell Bank Mortgage at housing fairs, community events, nonprofit functions, and industry meetings.
  • Increase awareness and utilization of affordable lending products, down payment assistance programs, and homeownership resources.
  • Collaborate with internal partners to align community development initiatives with business strategies and regulatory objectives.
  • Monitor, track, and report community development activities, outreach efforts, program participation, and market impact.
  • Measure and communicate progress toward CRA and Fair Lending goals and market objectives.
  • Identify opportunities to strengthen Bell Bank Mortgage's presence and impact within underserved communities.
  • Share success stories, program outcomes, and community impact achievements with leadership and stakeholders.

Relationship Management & Collaboration
  • Build and maintain productive relationships with customers, referral partners, community organizations, and internal business partners.
  • Collaborate with Operations, Compliance, Community Development, and Mortgage leadership teams to ensure consistent execution of organizational objectives.
  • Act as a liaison between the bank and community stakeholders to identify needs, remove barriers to homeownership, and promote equitable access to lending opportunities.
  • Deliver exceptional service while serving as an advocate for both customers and the communities Bell serves.

Bell Bank Culture, Policy and Accountability Standards:
  • Know by name and face as many customers and employees as possible, calling them by name as often as possible.
  • Know and practice LOCBUTN, our Golden Rules, and Bell Bank Customer Service Standards.
  • Know, understand, and live the company values and bottom line.
  • Conduct activities consistent with established Bell Bank policies, procedures and systems, the Bell Bank Employee Conduct policies, the Bank Secrecy Act and all applicable state and federal laws and regulations.
  • All employees are responsible for information security, including compliance with policies and standards which protect sensitive information.
  • Prompt and reliable attendance.
  • Perform other duties as assigned.

Education, Experience, and Other Expectations
  • Associate degree in Business, Finance, Banking, Real Estate, Community Development, Communications, or a related field, or an equivalent combination of education and experience.
  • 2 - 4 years of recent residential mortgage loan origination experience, preferably supporting affordable lending, community development, CRA, or Fair Lending initiatives.
  • Active NMLS registration and ability to maintain licensing requirements.
  • Experience with mortgage regulations, compliance requirements, investor guidelines, and secondary market standards.
  • Demonstrated experience utilizing down payment assistance and affordable lending products.
  • Community Development, CRA, or Fair Lending-related lending experience.
  • Bilingual or multilingual communication skills preferred.
  • Ability to travel within the market area and work occasional evenings and weekends to support community outreach events and other community development activities.

Knowledge, Skills, and Abilities
  • Working knowledge of conventional, FHA, VA, and affordable housing lending programs.
  • Proven ability to build relationships, generate business, and develop referral networks.
  • Strong verbal, written, presentation, and customer service skills.
  • Ability to analyze borrower financial information and make sound lending recommendations.
  • Strong organizational skills with the ability to manage multiple priorities and deadlines.
  • Ability to work independently while collaborating effectively across teams.

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