The highest average salaries go to Portfolio Managers, who bring in close to $73K annually, though Banking Branch Managers are not far behind at about $53K along with Assistant Branch Managers of Banking (around $39K) and Financial Services Specialists ($30K). Regions Bank hands out some of the smallest paychecks to Tellers (approximately $22K on average).
When it comes to location, the highest average paycheck ($80K per year) can be spotted in Hoover, Ala.; Houston, Texas ($75K), Knoxville, Tenn. ($71K), and the company's headquarter city of Birmingham, Ala. ($64K) are the next top-paying cities. Ocala, Fla. is near the bottom for pay at about $33K. The highest pay by state can be found in Alabama, where salaries average out at around $61K annually.
Years of Experience
Those who have five to nine years of work experience see average salaries of approximately $44K per year. The largest fraction of Regions Bank people (34 percent) have been working for one to four years and earn $38K annually on average.
Certifications and Degrees
Licensed Lawyers have significantly higher pay than non-accredited workers at around $85K per year. CompTIA Security+ Experts with credentials can live quite comfortably; median salaries come in at $81K annually. Regarding salaries and education, Regions Bank pays those with a Master of Science (MS), Computer Science (CS) the most — approximately $102K.
In this position, it pays to have Customer Relationship Management in your toolkit; employees who claim proficiency enjoy a higher median salary of about $64K per year. Customer Service is a popular skill in the Regions Bank workforce; about a third of those surveyed report putting it to use in their jobs. Banking, Sales, and Financial Analysis round out the set of key employee skills.
Benefits and Perks
Unfortunately, a minority of employees — about 38 percent — are presented with both paid vacation and sick leave. For employees looking to save up for their golden years, Regions Bank provides an optional 401(k) plan, and the vast majority of respondents participate. Health insurance comes as part of the deal for most employees, and a solid majority of workers report receiving dental coverage as well. Perks also include life insurance, tuition reimbursement, a casual working environment, and a subsidized cell phone.