Average Salary for First Niagara Bank Employees

Based in Lockport, N.Y.,savings institutions player First Niagara Bank offers many employment opportunities, including Banking Branch Manager and Financial Analyst positions. First Niagara Bank pays its employees $59K annually on average. The most important factor affecting pay for First Niagara Bank employees is how long you've been working, though where you live and what you do at the company play a role as well. The data for this report comes from 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

Years of Experience

Those with one to four years of experience at the company can expect to make $58K per year on average. Broken down by tenure, the largest share of First Niagara Bank employees (26 percent) have five to nine years of experience and earn approximately $59K annually on average.

Locations

Residents of Hartford, Conn. pick up paychecks that are higher than any other city — the median salary is about $122K per year; other top-paying cities include Pittsburgh, Pa. ($70K) and Buffalo, N.Y. ($61K). Across its U.S. offices, the state of Connecticut pays First Niagara Bank the most — around $120K annually on average.

Jobs

Bank VPs & Branch Managers earn the highest median pay at $75K per year, followed by Senior Business Analysts ($74K), Accounting Managers ($66K), and Banking Branch Managers (approximately $60K). Senior Financial Analysts are among the lowest paid at a median salary of around $54K.

Certifications and Degrees

Certified Internal Auditors earn about $87K annually, far more than their non-accredited counterparts. Becoming a Certified Public Accountant can certainly pay off here; those folks make around $63K on average. The best paid folks at First Niagara Bank have a Bachelor's Degree, earning $53K per year.

Skills

In this role, the best-paying skill appears to be Auditing; individuals who claim it among their capabilities enjoy a higher median salary of $83K annually. Financial Analysis also popped up often in the survey as an important skill; slightly less than a third of employees surveyed report using it at work. Some other standard skills here are Sales Management, Data Analysis, and Accounting.

Benefits and Perks

Almost all employees allocate some part of their earnings to the company-sponsored 401(k) savings plan. Health insurance is part of the package for a fair number of survey participants, and for a majority of survey participants, dental coverage is too. Some other perks are life insurance, a company cell phone, flexible hours, tuition reimbursement, and a casual working environment.

First Niagara Bank Job Listings

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Key Stats for First Niagara Bank

Gender

Female
62 %
Male
38 %
Salary
$45,652 - $65,748
Salary
$37,330 - $117,916
Less than 1 year
2%
1-4 years
27%
5-9 years
24%
10-19 years
33%
20 years or more
14%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 12 votes.

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