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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. First Niagara Bank employees bring home $57K annually on average. 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. The data for this overview comes from answers to PayScale's salary questionnaire.

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How This Employer Pays

First Niagara Bank typically pays:
-3%
below market

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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 about $122K per year; other top-paying cities include Pittsburgh, Pa. ($83K) and Buffalo, N.Y. (around $56K). By state, First Niagara Bank pays its Connecticut employees the most; the pay rate there is $120K annually.

Years of Experience

Survey participants who have worked at First Niagara Bank for between five and 10 years earn approximately $55K per year on average. The largest slice of the First Niagara Bank workforce (29 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 around $87K per year; Bank VPs & Branch Managers, Financial Analysts, and Banking Branch Managers also rank near the top of the list, pulling in $60K, about $60K, and $59K, respectively. Near the bottom at First Niagara Bank are Senior Financial Analysts, pulling in an average of just approximately $54K.

Certifications and Degrees

Being a Certified Public Accountant certainly has its perks — salaries approach $57K annually and far exceed the paychecks of those without certification. First Niagara Bank compensates Master of Business Administration (MBA)-holders the most at around $64K per year.

Skills

When it comes to skills, Business Intelligence seems to bolster pay the most; employees who claim proficiency also enjoy a median income of about $100K annually. Financial Analysis is a popular skill among First Niagara Bank workers, with close to a fourth of those surveyed reporting using it on the job. Other skills in demand are Data Analysis, Microsoft Excel, and Accounting.

Benefits and Perks

Nearly 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 strong majority of workers, and for a majority of survey participants, dental coverage is too. The company also dishes out perks such as life insurance, a company cell phone, flexible hours, a casual working environment, and tuition reimbursement.

Key Stats for First Niagara Bank

Gender

Female
56 %
Male
44 %
Salary
$45,500 - $62,807
Salary
$37,747 - $114,842
Less than 1 year
2%
1-4 years
27%
5-9 years
21%
10-19 years
33%
20 years or more
17%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 15 votes.
 
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