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Assistant Bank Manager Salary

An average Assistant Bank Manager in the United States can expect to take home roughly $42K per year. In the world of Assistant Bank Managers, overall cash earnings stretch from $31K near the bottom to $56K near the top; these packages encompass bonuses that run close to $7K and profit sharing that can (albeit rarely) exceed $3K, along with commissions approaching $5K. The most important factor affecting compensation for this group is location, followed by years of experience and the particular employer. For the most part, people in this position report moderate levels of job satisfaction. A large number report receiving medical coverage from their employers and most collect dental insurance. Female Assistant Bank Managers make up most of the survey respondents at 74 percent. The information for this snapshot was generated by responses to the PayScale salary survey.
$31,391 - $54,014
(Median)
31K
36K
42K
47K
54K
MEDIAN: $42,399
10%
25%
50%
75%
90%

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$12.28 - $23.07
(Median)
12
14
17
20
23
MEDIAN: $16.00
10%
25%
50%
75%
90%

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National Salary 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$19K$38K$57K
Salary
$31,391 - $54,014  
   
Bonus
$0.00 - $6,953  
Profit Sharing
$0.00 - $2,733  
Commission
$503 - $4,966  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,647 - $55,929  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 228
National Hourly Rate 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$11$22$33
Hourly Rate
$12.28 - $23.07  
   
Overtime
$17.01 - $32.44  
National Annualized 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$22K$44K$66K
Bonus
$0.00 - $6,953  
   
Commission
$503 - $4,966  
Profit Sharing
$0.00 - $2,733  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,647 - $55,929  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 58
United States (change)

Job Description for Assistant Bank Manager

The assistant bank manager helps ensure that their institution runs smoothly on a day-to-day basis. This position requires the ability to communicate effectively, especially in strengthening or establishing relationships with current and prospective customers; because a large variety of customers use banks, the assistant bank manager must be knowledgeable about their institution's offerings.

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Assistant Bank Manager Tasks

  • Monitor branch financial activities, performing audits, reviewing reports, and managing cash levels.
  • Work to gain and retain customers by maintaining high standards of customer service.
  • Hire, train, and supervise customer service representatives and financial service managers.
  • Enforce bank regulations and oversee bank security measures.

Common Career Paths for Assistant Bank Manager


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It's not uncommon for Assistant Bank Managers to assume a higher-end position such as a Banking Branch Manager. On average, Banking Branch Managers get paid $51K per year.

Assistant Branch Manager, Banking Job Listings

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Popular Employer Salaries for Assistant Bank Manager


Popular Skills for Assistant Bank Manager


Assistant Bank Managers usually report a few specific skills. Most notably, skills in Sales Management, People Management, Operations Management, and Sales are correlated to pay that is above average. It is often found that people who know Customer Service are also skilled in Sales.

Pay by Experience Level for Assistant Bank Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Assistant Bank Managers with a lot of experience do not necessarily enjoy more money. Salaries of relatively inexperienced workers fall in the neighborhood of $40K, but folks who have racked up five to 10 years see a notably higher median of $43K. Assistant Bank Managers bring in $45K after working for 10 to 20 years. Veterans who have surpassed the 20-year mark may make no more than those who are navigating the mid-career stage.

Assistant Bank Manager Reviews

What is it like working as an Assistant Bank Manager?
Assistant Bank Manager in Macungie:
"More Problems, Less Money."
Pros: Working with people.
Cons: Micromanagement. Unattainable goals. Under staffing.

Related Job Salaries

Experience Affects Assistant Bank Manager Salaries


Late-Career
up arrow 5%


National Average
$43,000


Skills That Affect Assistant Bank Manager Salaries

Sales Management
up arrow 16%

People Management
up arrow 5%

Operations Management
up arrow 1%

Sales
up arrow 1%

National Average
$43,000

Customer Service
up arrow 3%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 45 votes.

Gender

Female
74 %
Male
26 %

Years of Experience

Less than 1 year
2%
1-4 years
24%
5-9 years
33%
10-19 years
28%
20 years or more
12%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 81%
vision benefits Vision: 69% employee benefits None: 11%