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Average Salary for Fifth Third Bancorp Employees

Cincinnati, Ohio-based Fifth Third Bancorp hires for positions ranging from Personal Banker to Financial Center Manager in the state commercial banks. Fifth Third Bancorp employees bring home $55K per year on average. Though your city and your experience level do impact pay, what you do at the company is the primary influence on employee salary at Fifth Third Bancorp. This overview is based on answers to PayScale's salary questionnaire.

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How This Employer Pays

Fifth Third Bancorp typically pays:
1%
above market
Similar employers pay:
2%
above market
Similar companies include:
Fifth Third Bank (5/3 Bank)
Employer: Fifth Third Bancorp
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$24K$48K$72K
[-]Personal Banker (19)
$30,345 - $55,006  
   
[-]Personal Banker (19)
Salary$30,800 - $48,479  
   
Bonus$0.00 - $24,468  
Commission$769 - $11,539  
Profit Disbursement$412.54 - $2,764  
Total Pay$30,345 - $55,006  
[+]Teller (5)
$17,048 - $29,750  
   
[+]Teller (5)
Bonus$7.47 - $583  
   
Total Pay$17,048 - $29,750  
[+]Financial Center Manager (5)
$32,475 - $70,760  
   
[+]Financial Center Manager (5)
Salary$41,014 - $59,896  
   
Bonus$1,188 - $14,432  
Total Pay$32,475 - $70,760  
[+]Customer Service Representative (CSR) (3)
$18,739 - $44,617  
   
[+]Customer Service Representative (CSR) (3)
Total Pay$18,739 - $44,617  
   
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 29 Mar 2015 | Individuals Reporting: 121

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About This Company

38 FOUNTAIN SQ PLZ
Cincinnati, Ohio 45263

1858

State Commercial Banks, Finance, Financial Services

21,683

Fifth Third Bank, Fifth Third Bank Corp


Freebase CC-BY Source: Freebase, licensed under CC-BY

Jobs

VPs of Sales earn the highest median pay at around $126K annually, followed by Finance Managers ($90K), Senior Finance Managers (approximately $84K), and Banking Branch Managers (about $65K). On the lower end are Personal Bankers at $37K on average.

Locations

When it comes to location, the highest average paycheck ($106K per year) can be spotted in Detroit, Mich.; Pittsburgh, Pa. (about $69K), Chicago, Ill. (around $63K), and the company's headquarter city of Cincinnati, Ohio ($60K) are the next top-paying cities. Louisville, Ky. ranks low on the pay scale — at $22K, it is one of the lowest-paid cities. The highest pay by state can be found in Michigan, where salaries average out at approximately $76K annually.

Years of Experience

Between the one and five year mark, median pay is $49K per year. The largest slice of the Fifth Third Bancorp workforce (31 percent) has been working for five to nine years and earns, on average, $53K annually.

Certifications and Degrees

Licensed Lawyers are compensated at a much higher rate than non-authorized workers, bringing in close to $110K per year. Project Management Professionals also rank high on the pay scale, with expected average earnings of $100K annually. Fifth Third Bancorp workers who hold a Master of Business Administration (MBA) are also well compensated, earning about $116K on average.

Skills

The best-paying skill to have in this role appears to be Financial Analysis; employees who claim this ability report median compensation of around $83K per year. A skill that is commonly seen around here is Customer Service; roughly one in five deem it necessary for work. Other top skills include Microsoft Excel, Sales Management, and Sales.

Benefits and Perks

Just 31 percent receive paid time off. Almost all employees report contributing to a 401(k). Fifth Third Bancorp provides health insurance to a large number of workers, and a strong majority of respondents do receive dental coverage. The list of perks also includes a stock purchase plan, life insurance, tuition reimbursement, and a casual working environment.

Key Stats for Fifth Third Bancorp

Gender

Female
50 %
Male
50 %
Salary
$33,935 - $68,784
Salary
$37,628 - $95,821
Less than 1 year
2%
1-4 years
33%
5-9 years
31%
10-19 years
21%
20 years or more
13%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 31 votes.
United States (change)

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