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Average Salary for First Niagara Bank Employees

Lockport, N.Y.-based First Niagara Bank hires for positions ranging from Banking Branch Manager to Financial Analyst in the savings institutions industry. The typical salary at First Niagara Bank is $50K annually. Geography influences pay for First Niagara Bank workers the most, followed by how long you've been working and what you do at the company. This report is based on answers to PayScale's salary questionnaire.

How This Employer Pays

First Niagara Bank typically pays:
-5%
below market

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Employer: First Niagara Bank
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$31K$62K$93K
[-]Relationship Banker (5)
$28,259 - $75,455  
   
[-]Relationship Banker (5)
Bonus$327.58 - $9,955  
   
Commission$692 - $10,862  
Total Pay$28,259 - $75,455  
[+]Customer Service Representative (CSR) (3)
$25,559 - $56,581  
   
[+]Customer Service Representative (CSR) (3)
Total Pay$25,559 - $56,581  
   
[+]Branch Manager, Banking (3)
$40,528 - $89,617  
   
[+]Branch Manager, Banking (3)
Salary$40,169 - $77,885  
   
Bonus$2,139 - $19,922  
Total Pay$40,528 - $89,617  
[+]Financial Analyst (2)
$48,534 - $92,320  
   
[+]Financial Analyst (2)
Salary$46,945 - $81,952  
   
Bonus$1,384 - $14,389  
Total Pay$48,534 - $92,320  
 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: 16 Dec 2014 | Individuals Reporting: 42
United States (change)

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 Pittsburgh pick up paychecks that are higher than any other city — the median salary is around $115K per year; other top-paying cities include Philadelphia (about $80K) and Buffalo ($56K). Pay rates in the United States are highest in the state of Pennsylvania, where they average to $82K annually.

Years of Experience

Five to nine years of work experience seem to result in median wages of $56K. For those with one to four years of experience, paychecks typically reach approximately $50K. When we consider tenure, a substantial portion of employees (33 percent) have been working for 20 years or more and make around $80K per year.

Jobs

The highest paychecks go to Financial Analysts, who earn $65K, closely trailed by Bank VPs & Branch Managers ($59K) and Banking Branch Managers ($58K).

Certifications and Degrees

Employees who have a Master of Business Administration (MBA) make the most here, hauling in approximately $64K annually.

Skills

The highest-paying skill to have may be Data Analysis; employees who claim proficiency also report a higher average salary of about $83K. One of the more prevalent skills at First Niagara Bank is Banking, with approximately one in seven considering it a key competency. Other skills in demand are Project Management, Sales Management, and Operations Management.

Benefits and Perks

Benefits packages do tend to lack paid time off; First Niagara Bank gives paid vacation days to 45 percent and sick leave to 23 percent. Nearly all workers participate in the company's 401(k) retirement savings plan. Most workers have health insurance, and benefits for a majority of workers also include dental insurance. Advantages of working here also include life insurance, a company cell phone, stock options, and flexible hours.

Key Stats for First Niagara Bank

Gender

Female
66 %
Male
34 %
Salary
$32,973 - $73,800
Salary
$36,621 - $93,350
1-4 years
22%
5-9 years
27%
10-19 years
29%
20 years or more
22%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 14 votes.

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