Average Salary for First Niagara Bank Employees

Headquartered in Lockport, N.Y., First Niagara Bank offers a range of employment opportunities in the savings institutions, from Banking Branch Manager to Financial Analyst. Employees at First Niagara Bank make $51K annually on average. Where you live primarily drives compensation; however, how long you've been working and what you do at the company are also reported as secondary influences on salary at First Niagara Bank. This report is based on responses to the PayScale salary survey.

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Employer: First Niagara Bank
Average Salary Range by Job
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About This Company

Lockport, New York 

1870

Savings institutions, Not Federally Chartered, Finance


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

Locations

Residents of Hartford, Conn. pick up paychecks that are higher than any other city — the median salary is $122K per year; other top-paying cities include Pittsburgh, Pa. (approximately $68K) and Buffalo, N.Y. (about $61K). Within the company, workers earn the highest salaries (an average of $120K annually) in Connecticut.

Years of Experience

Five to nine years of work experience seem to result in median wages of around $60K per year. The largest slice of the First Niagara Bank workforce (33 percent) has been working for one to four years and earns, on average, $54K annually.

Jobs

Senior Business Analysts are the best paid with the average salary hovering at about $74K per year; Accounting Managers, Banking Branch Managers, and Financial Analysts also rank near the top of the list, pulling in $66K, $60K, and $60K, respectively. Senior Financial Analysts are among the lowest paid at a median salary of around $54K.

Certifications and Degrees

Certified Internal Auditors receive bigger paychecks (approximately $87K annually) than those without credentials. On average, salaries rise to about $65K per year for accredited Certified Public Accountants. At First Niagara Bank, employees who hold a Bachelor of Science in Bachelor of Science (BS / BSc) receive the highest salaries at $95K.

Skills

The best-paying skill to have in this role appears to be Month-End Close; employees who claim this ability report median compensation of approximately $66K annually. Folks here also tend to know Financial Analysis; on the survey, just under a third of workers named it in their skills portfolios. Key skills also include Accounting, Data Analysis, and Sales Management.

Benefits and Perks

To plan for old age, almost all employees maintain savings accounts through the company's 401(k) plan. A strong majority of survey participants report having health insurance, and the larger part of workers report having dental coverage. Some other advantages of working at First Niagara Bank are a company cell phone, life insurance, a casual working environment, flexible hours, and tuition reimbursement.

First Niagara Bank Employer Job Listings

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Key Stats for First Niagara Bank

Gender

Female
63 %
Male
37 %
Salary
$45,025 - $66,551
Salary
$37,525 - $92,590
Less than 1 year
3%
1-4 years
34%
5-9 years
22%
10-19 years
29%
20 years or more
10%

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