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Average Salary for Regions Bank Employees

Birmingham, Ala.-based Regions Bank hires for positions ranging from Financial Services Specialist to Assistant Branch Manager of Banking in the national commercial banks. Compensation for Regions Bank employees is around $38K annually on average. Your city influences pay for Regions Bank workers the most, followed by how long you've been working and your job title. This report is based on answers to PayScale's salary questionnaire.

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How This Employer Pays

Regions Bank typically pays:
-4%
below market

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Employer: Regions 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$27K$54K$81K
[-]Bank Teller (26)
$15,323 - $28,156  
   
[-]Bank Teller (26)
Salary$16,713 - $35,438  
   
Bonus$24.06 - $926  
Total Pay$15,323 - $28,156  
[+]Teller (22)
$19,093 - $25,975  
   
[+]Teller (22)
Salary$17,387 - $33,994  
   
Bonus$98.74 - $1,533  
Total Pay$19,093 - $25,975  
[+]Financial Services Specialist (22)
$27,370 - $43,062  
   
[+]Financial Services Specialist (22)
Salary$27,325 - $38,179  
   
Bonus$727 - $9,886  
Total Pay$27,370 - $43,062  
[+]Branch Manager, Banking (8)
$36,841 - $78,038  
   
[+]Branch Manager, Banking (8)
Salary$36,059 - $69,469  
   
Bonus$1,473 - $17,784  
Total Pay$36,841 - $78,038  
 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: 30 Mar 2015 | Individuals Reporting: 238

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About This Company

417 N 20TH ST
Birmingham, Alabama 35203

1971

National Commercial Banks, Finance


Freebase CC-BY Source: Freebase, licensed under CC-BY

Locations

When it comes to location, the highest average paycheck ($81K per year) can be spotted in Hoover, Ala.; Knoxville, Tenn. (around $71K), the company's headquarter city of Birmingham, Ala. ($64K), and Little Rock, Ark. (about $57K) are the next top-paying cities. Ocala, Fla. is one of the lowest-paid cities, with earnings averaging approximately $33K. Across Regions Bank's U.S. offices, employees in the state of Alabama earn the most, taking home $60K annually.

Years of Experience

Average pay is about $44K per year for those with five to nine years of experience. The largest slice of the Regions Bank workforce (35 percent) has been working for one to four years and earns, on average, $37K annually.

Jobs

Banking Branch Managers rake in the most money, with average earnings of approximately $52K per year; Assistant Branch Managers of Banking come in second with average earnings amounting to around $39K, while Personal Bankers and Financial Services Specialists rank near the top as well ($33K and $30K, respectively). On the lower end are Tellers at $22K on average.

Certifications and Degrees

Being a Licensed Lawyer certainly has its perks — salaries approach $85K annually and far exceed the paychecks of those without certification. On average, salaries rise to $81K per year for accredited CompTIA Security+ Experts. Regarding salaries and education, Regions Bank pays those with a Master of Science (MS), Computer Science (CS) the most — approximately $102K.

Skills

In this role, the best-paying skill appears to be Customer Relationship Management; individuals who claim it among their capabilities enjoy a higher median salary of about $64K annually. Customer Service also popped up often in the survey as an important skill; nearly one in three of employees surveyed report using it at work. Many workers are also familiar with Banking, Sales, and Financial Analysis.

Benefits and Perks

Unfortunately, a minority of employees — about 37 percent — are presented with both paid vacation and sick leave. A large number of respondents participate in a 401(k) program. Health insurance is part of the package for a large number of employees, and for a strong majority of workers, dental coverage is too. Some other perks are life insurance, tuition reimbursement, a casual working environment, and a company cell phone.

Key Stats for Regions Bank

Gender

Female
57 %
Male
43 %
Salary
$23,097 - $53,258
Salary
$29,190 - $78,897
Less than 1 year
9%
1-4 years
36%
5-9 years
28%
10-19 years
17%
20 years or more
9%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 42 votes.
United States (change)

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