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Assistant Bank Manager Salary

The average Assistant Bank Manager in the United States earns approximately $43K annually. 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 $4K. This group's pay is mainly influenced by career length, followed by geography and the particular employer. Men are in the minority of survey respondents, with female Assistant Bank Managers making up 76 percent. Most report receiving medical coverage from their employers and a large number collect dental insurance. Most Assistant Bank Managers are fairly content with their jobs, and work satisfaction falls in line with the national average.

$31,709 - $54,153
(Median)
$32K
$43K
$54K
MEDIAN: $43,249
10%
50%
90%

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$12.40 - $23.40
(Median)
$12
$17
$23
MEDIAN: $17.00
10%
50%
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
$31,709 - $54,153  
   
Bonus
$0.00 - $6,851  
Profit Sharing
$0.00 - $3,013  
Commission
$575 - $4,000  
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).
)
$30,880 - $56,339  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 291
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$13$26$39
Hourly Rate
$12.40 - $23.40  
   
Overtime
$16.73 - $36.95  
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$26K$52K$78K
Bonus
$0.00 - $6,851  
   
Commission
$575 - $4,000  
Profit Sharing
$0.00 - $3,013  
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).
)
$30,880 - $56,339  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 78

Find Out Exactly What You Should Be Paid

United States (change)


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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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Moving into a Banking Branch Manager position seems to be a popular career progression. Median pay for this job is $51K annually.

Assistant Branch Manager, Banking Job Listings

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Popular Employer Salaries for Assistant Bank Manager


Employees at Bank of America Corp. (BOFA) enjoy the biggest paychecks, and $46K is the median salary. Range in pay, on the other hand, is narrow, with lower figures hovering around $34K and higher ones not far away at only $58K.

Popular Skills for Assistant Bank Manager


Assistant Bank Managers seem to require a number of specific skills. Most notably, skills in Sales Management, Sales, People Management, and Operations Management are correlated to pay that is above average, with boosts between 4 percent and 15 percent. For most people, competency in Customer Service indicates knowledge of 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. The average beginner in this position makes around $39K, but folks who have been around for five to 10 years see a markedly higher median salary of $44K. The average pay reported by folks with 10 to 20 years of experience is around $46K. 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

United States (change)

Experience Affects Assistant Bank Manager Salaries




National Average
$43,000


Skills That Affect Assistant Bank Manager Salaries

Sales Management
up arrow 15%

Sales
up arrow 4%

People Management
up arrow 4%

Operations Management
up arrow 3%

Customer Service
up arrow 1%

National Average
$43,000

Banking
up arrow 1%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 48 votes.

Gender

Female
76 %
Male
24 %

Years of Experience

Less than 1 year
2%
1-4 years
26%
5-9 years
30%
10-19 years
30%
20 years or more
12%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 80%
vision benefits Vision: 67% employee benefits None: 11%
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