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Average Salary for Regions Bank Employees

Operating out of Birmingham, Alabama, national commercial banks company Regions Bank employs talent in positions ranging from Financial Services Specialist to Banking Branch Manager. Regions Bank employees typically bring home $37K per year. The most important factor affecting pay for Regions Bank employees is your city, though your job title and your experience level play a role as well. This summary is derived from information collected in the PayScale salary survey.

How This Employer Pays

Regions Bank typically pays:
-1%
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$28K$56K$84K
[-]Bank Teller (28)
$15,181 - $28,286  
   
[-]Bank Teller (28)
Salary$16,647 - $34,396  
   
Bonus$1.16 - $581  
Total Pay$15,181 - $28,286  
[+]Financial Services Specialist (18)
$29,531 - $39,192  
   
[+]Financial Services Specialist (18)
Salary$27,722 - $37,788  
   
Bonus$597 - $8,695  
Total Pay$29,531 - $39,192  
[+]Teller (14)
$20,485 - $26,689  
   
[+]Teller (14)
Salary$16,323 - $31,109  
   
Bonus$44.29 - $1,466  
Total Pay$20,485 - $26,689  
[+]Branch Manager, Banking (9)
$38,626 - $81,635  
   
[+]Branch Manager, Banking (9)
Salary$37,793 - $73,833  
   
Bonus$1,581 - $24,400  
Total Pay$38,626 - $81,635  
 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: 28 Oct 2014 | Individuals Reporting: 196
United States (change)

Regions Bank Details

417 N 20TH ST
Birmingham, Alabama 35203

1971

National Commercial Banks, Finance

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

Locations

When it comes to location, the highest average paycheck ($81K annually) can be spotted in Hoover; Montgomery (about $60K), the company's headquarter city of Birmingham (approximately $58K), and Atlanta (around $51K) are the next top-paying cities. Approaching the lower end of the pay scale (at $33K) is Ocala. By state, the highest pay levels are found in Alabama, where the average Regions Bank employee makes $57K per year.

Jobs

Typically, Bank VPs & Branch Managers are the best paid with salaries hovering at around $70K; Branch Sales Managers, Banking Branch Managers, and Assistant Branch Managers of Banking also rank near the top of the list, pulling in approximately $65K, about $55K, and $39K, respectively. Regions Bank hands out some of the smallest paychecks to Bank Tellers ($22K).

Years of Experience

Once employees enter the five- to ten-year zone, average salaries hits the $43K mark. On the whole, the greater proportion of employees (35 percent) have a tenure of one to four years and bring home around $36K annually.

Certifications and Degrees

Salaries approach $50K for Licensed Health Insurance Agents; non-accredited workers make much less. Earning a Licensed Life Insurance Agent certification garners significant financial rewards of $50K per year. It pays to have a Master of Science (MS), Computer Science (CS) at Regions Bank — these employees make the most at $102K annually.

Skills

The highest-paying skill to have may be Financial Analysis; employees who claim proficiency also report a higher average salary of approximately $71K. A common skill in Regions Bank's work force is Customer Service; roughly one in three of survey participants report using it on the job. Many workers usually know Banking, Sales, and Sales Management as well.

Benefits and Perks

Merely 42 percent at Regions Bank earn paid vacation and paid sick time. The vast majority of workers allocate some part of their earnings to the company-sponsored 401(k) savings plan. Perks cover health insurance for a strong majority of workers and dental coverage for a fair portion of workers. Additional benefits of working here are life insurance, tuition reimbursement, a casual working environment, and a stock purchase plan.

Key Stats

Female
58 %
Male
42 %
Salary
$21,292 - $55,050
Salary
$30,150 - $79,160
Less than 1 year
10%
1-4 years
37%
5-9 years
25%
10-19 years
21%
20 years or more
7%
Highly satisfied
Rated 4 out of 5
based on 38 votes.

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