Average Salary for First Niagara Bank Employees

Operating out of Lockport, N.Y., savings institutions company First Niagara Bank employs talent in positions ranging from Banking Branch Manager to Financial Analyst. Employees at First Niagara Bank make $58K annually on average. At First Niagara Bank, the biggest piece of the paycheck puzzle is your city — it impacts salary more than anything else — though how long you've been working and your job title each factor into the equation as well. The data for this overview comes from answers to PayScale's salary questionnaire.

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Employer: First Niagara Bank
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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 about $122K per year; other top-paying cities include Pittsburgh, Pa. ($83K) and Buffalo, N.Y. (approximately $60K). U.S. pay levels are highest in the state of Connecticut; salaries there average to $120K annually.

Years of Experience

Respondents who have been working for five to nine years make around $58K per year on average. Broken down by tenure, the largest share of First Niagara Bank employees (30 percent) have one to four years of experience and earn $59K annually on average.

Jobs

Senior Business Analysts earn the highest median pay at around $74K per year, followed by Accounting Managers (about $66K), Bank VPs & Branch Managers ($60K), and Banking Branch Managers ($60K). Senior Financial Analysts at First Niagara Bank do not see much in the way of financial compensation and represent one of the lower-paid positions (approximately $54K on average) at the company.

Certifications and Degrees

Certified Public Accountants are compensated at a much higher rate than non-authorized workers, bringing in close to $63K annually. First Niagara Bank workers who hold a Master of Business Administration (MBA) are also well compensated, earning $64K on average.

Skills

The highest-paying skill to have in this role seems to be Financial Analysis; employees claiming this as part of the toolbox earn a median of approximately $67K per year. A relatively widespread skill at First Niagara Bank is Data Analysis; about a seventh of employees use it for work. Banking, Sales Management, and Accounting round out the set of key employee skills.

Benefits and Perks

The vast majority of survey participants participate in a 401(k) program. A fair number of survey participants have health insurance, and benefits for over one-half of workers also include dental insurance. Some other advantages of working at First Niagara Bank 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
61 %
Male
39 %
Salary
$45,500 - $64,698
Salary
$37,330 - $117,916

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 13 votes.

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