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Average Salary for First Niagara Bank Employees

First Niagara Bank is a savings institutions firm headquartered in Lockport, New York that hires for Banking Branch Manager positions, Financial Analyst roles, and more. Employees at First Niagara Bank make $55K annually on average. Though what you do at the company and how long you've been working do impact pay, where you live is the primary influence on employee salary at First Niagara Bank. The information for this rundown comes from respondents who completed 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)
$28,017 - $69,694  
   
[-]Relationship Banker (5)
Bonus$56.32 - $7,244  
   
Commission$741 - $10,721  
Total Pay$28,017 - $69,694  
[+]Customer Service Representative (CSR) (3)
$25,388 - $56,185  
   
[+]Customer Service Representative (CSR) (3)
Total Pay$25,388 - $56,185  
   
[+]Branch Manager, Banking (3)
$40,447 - $90,541  
   
[+]Branch Manager, Banking (3)
Salary$39,999 - $76,871  
   
Bonus$2,480 - $19,578  
Total Pay$40,447 - $90,541  
[+]Teller Supervisor, Banking (2)
$21,060 - $33,686  
   
[+]Teller Supervisor, Banking (2)
Bonus$134.04 - $2,174  
   
Total Pay$21,060 - $33,686  
 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: 7 Nov 2014 | Individuals Reporting: 43
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First Niagara Bank Details

Address:

Lockport, New York

Year Established:

1870

Industries:

Savings institutions, Not Federally Chartered, Finance
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Freebase CC-BY
Source: Freebase, licensed under CC-BY

Locations

Median pay is highest in Pittsburgh ($115K per year), followed by Albany (about $81K), Philadelphia (approximately $76K), and Buffalo ($56K). By state, the highest compensation levels appear in Pennsylvania, where the average salary is $80K annually.

Jobs

Business Development VPs rake in the most money, with average earnings of around $90K; Financial Analysts come in second with typical earnings amounting to $65K, while Bank VPs & Branch Managers and Banking Branch Managers rank near the top as well (about $59K and around $58K, respectively).

Years of Experience

A tenure of five to ten years results in average pay of approximately $56K. For those with one to four years of experience, paychecks typically reach $50K. A typical employee has 20 years or more of experience and earns $80K per year.

Certifications and Degrees

At First Niagara Bank, employees who hold a Bachelor of Science in Business Administration receive the highest salaries at around $66K.

Skills

Skill-wise, employees who report Business Development as part of the toolkit report the most money, earning about $83K on average. Project Management is a popular skill in the First Niagara Bank workforce; roughly one in eight of those surveyed report putting it to use in their jobs. Employees also tend to round out their skills sets with Microsoft Excel, Financial Analysis, and Banking.

Benefits and Perks

Only 44 percent at First Niagara Bank enjoy paid vacation time, and just a quarter of workers can take sick leave. First Niagara Bank sponsors a 401(k) program, and nearly all workers use this option to save for their retirement. At First Niagara Bank, most workers have health insurance, and a fair portion of workers have dental coverage. Some other advantages of working at First Niagara Bank are life insurance, a company cell phone, stock options, and flexible hours.

First Niagara Bank Job Listings

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Key Stats

Gender

Female

62 %

female alumni

Male

38 %

male alumni
Salary
$41,000 - $67,147
Salary
$36,973 - $77,092

Years of Experience

1-4 years
21%
5-9 years
30%
10-19 years
28%
20 years or more
21%

Job Satisfaction


Extremely satisfied
Rated 5 out of 5
based on 17 votes.

Company Locations for First Niagara Bank

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