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Average Salary for Fifth Third Bancorp Employees

Based in Cincinnati, Ohio,state commercial banks sector player Fifth Third Bancorp offers many employment opportunities, including Personal Banker and Financial Center Manager positions. The typical salary at Fifth Third Bancorp is $53K per year. Though your experience level and your job title do impact pay, your city is the primary influence on employee salary at Fifth Third Bancorp. This report is based on answers to PayScale's salary questionnaire.

How This Employer Pays

Fifth Third Bancorp typically pays:
5%
above market
Similar employers pay:
-1%
below market
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$28K$56K$84K
[-]Personal Banker (22)
$30,123 - $54,186  
   
[-]Personal Banker (22)
Salary$31,893 - $48,479  
   
Bonus$0.00 - $10,213  
Commission$598 - $10,557  
Profit Disbursement$337.70 - $3,645  
Total Pay$30,123 - $54,186  
[+]Customer Service Representative (CSR) (5)
$18,405 - $41,675  
   
[+]Customer Service Representative (CSR) (5)
Bonus$44.95 - $2,023  
   
Total Pay$18,405 - $41,675  
[+]Financial Center Manager (5)
$36,588 - $82,617  
   
[+]Financial Center Manager (5)
Salary$41,052 - $62,840  
   
Bonus$1,150 - $12,784  
Profit Disbursement$408.10 - $3,977  
Total Pay$36,588 - $82,617  
[+]Teller (4)
$18,624 - $31,590  
   
[+]Teller (4)
Bonus$8.43 - $658  
   
Total Pay$18,624 - $31,590  
 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: 21 Nov 2014 | Individuals Reporting: 137
United States (change)

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

Locations

When it comes to location, the highest average paycheck ($106K annually) can be spotted in Detroit; Columbus (about $80K), Pittsburgh (approximately $69K), and Chicago (around $63K) are the next top-paying cities. At $22K, Louisville is home to some of the lowest pay in the country. By state, the highest pay levels are found in North Carolina, where the average Fifth Third Bancorp employee makes $106K per year.

Years of Experience

Those who have five to nine years of work experience see an average salaries of around $55K. When we consider tenure, a substantial portion of employees (31 percent) have been working for one to four years and make $50K annually.

Jobs

Earning about $84K on average, Senior Finance Managers receive the most money, followed by Bank Managers ($64K), IT Business Analysts (approximately $64K), and Portfolio Managers ($60K). Earning only approximately $38K, Personal Bankers make less than most people in the company.

Certifications and Degrees

Uniform Combined State Law Holders earn around $93K, far more than their non-accredited counterparts. Bigger paychecks are awarded to National Association of Security Dealers , Series 6 Licenses with credentials; these people typically earn $62K per year. The best paid folks at Fifth Third Bancorp have a Master of Business Administration (MBA), Finance, earning $120K annually.

Skills

Employees who count Financial Analysis among their skills tend to enjoy higher pay; the median for this group is about $84K. A garden variety skill at Fifth Third Bancorp is Sales Management; nearly one in five of Fifth Third Bancorp's people use it regularly. A typical employee's toolkit also contains Sales, Customer Service, and Microsoft Excel.

Benefits and Perks

The company is somewhat lacking in the benefits department, and only 36 percent report compensation for sick days and vacation time. For employees looking to save up for their golden years, Fifth Third Bancorp provides an optional 401(k) plan, and almost all workers participate. Fifth Third Bancorp provides health insurance to a strong majority of workers, and a fair portion of workers do receive dental coverage. Additional benefits of working here are a stock purchase plan, life insurance, tuition reimbursement, and stock options.

Key Stats for Fifth Third Bancorp

Gender

Female
52 %
Male
48 %
Salary
$35,301 - $60,118
Salary
$38,338 - $86,472
Less than 1 year
1%
1-4 years
39%
5-9 years
27%
10-19 years
22%
20 years or more
10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 40 votes.

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