Earning $77K annually on average, Portfolio Managers receive the most money, followed by Banking Branch Managers ($53K), Assistant Branch Managers of Banking (around $40K), and Assistant Bank Managers (about $38K). Among the lower-paid positions at Regions Bank are Tellers — the median salary for this role approaches $22K.
Years of Experience
Workers who have been with the company for more than one year but less than five can make approximately $37K per year on average. The largest slice of the Regions Bank workforce (28 percent) has been working for five to nine years and earns, on average, $50K annually.
When it comes to location, the highest average paycheck (approximately $61K per year) can be spotted in Hoover, Ala.; Atlanta, Ga. ($61K), the company's headquarter city of Birmingham, Ala. (around $59K), and Little Rock, Ark. ($53K) are the next top-paying cities. On the lower end is Montgomery, Ala. at about $35K. U.S. pay levels are highest in the state of Georgia; salaries there average to approximately $61K annually.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Chartered Financial Analysts, who make $125K per year. Earning a Direct Endorsement Certification certification garners significant financial rewards of around $90K annually on average. The best paid folks at Regions Bank have a Master of Arts (MA), earning about $130K per year.
The highest-paying skill in this position seems to be Financial Analysis; individuals who report it as part of the repertoire have a median income of $62K annually. A relatively widespread skill at Regions Bank is Customer Service; close to one-third of employees use it for work. Banking, Sales, and Consumer Loans round out the set of key employee skills.
Benefits and Perks
Only a third of workers enjoy paid vacation days and paid sick time — a rather disappointing finding. A large number of survey participants set aside retirement funds in an employer-sponsored 401(k). Most workers can count on health insurance, and a fair number of employees have dental coverage as a benefit. Regions Bank folks also make good use of life insurance, tuition reimbursement, 401(a), and a casual working environment.