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Assistant Bank Manager Salary

Assistant Bank Managers in the United States pull down an average of $43K per year. Including potential for bonuses and profit sharing — peaking near $7K and $3K, respectively — total cash payment to Assistant Bank Managers can bottom out near $31K or peak near $56K depending on individual performance. Compensation for this group is mainly affected by career duration, but the particular city and the specific company are influential factors as well. Men are in the minority of survey respondents, with female Assistant Bank Managers making up 77 percent. Among folks in this role, job satisfaction levels approximately match the national average. A large number report receiving medical coverage from their employers and most collect dental insurance. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$31,430 - $54,133
(Median)
$31K
$43K
$54K
MEDIAN: $43,183
10%
50%
90%

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$12.38 - $23.24
(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
$31,430 - $54,133  
   
Bonus
$0.00 - $7,213  
Profit Sharing
$0.00 - $3,020  
Commission
$515 - $4,848  
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).
)
$30,612 - $56,452  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 270
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
$12.38 - $23.24  
   
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 - $7,213  
   
Commission
$515 - $4,848  
Profit Sharing
$0.00 - $3,020  
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).
)
$30,612 - $56,452  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 73

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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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Many Assistant Bank Managers transition into upper-level Banking Branch Manager positions. Banking Branch Managers earn a median of $51K per year.

Assistant Branch Manager, Banking Job Listings

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Popular Employer Salaries for Assistant Bank Manager


Pay for Assistant Bank Managers is best at Bank of America Corp. (BOFA), which offers a median salary of $46K. However, the highest reported salaries don't seem to be much higher than the lowest ones; the pay range here runs from $34K to $59K.

Popular Skills for Assistant Bank Manager


Assistant Bank Managers report using a pretty varied skill set on the job. 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. 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.


The average worker who claims fewer than five years of experience earns around $39K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $44K. People with 10 to 20 years of experience make an average of about $46K in this role. Assistant Bank Managers who surpass 20 years on the job report pay that isn't higher than those with 10 to 20 years.

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%

Operations Management
up arrow 4%

Sales
up arrow 4%

People Management
up arrow 4%

Customer Service
up arrow 2%

Banking
0%

National Average
$43,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 51 votes.

Gender

Female
77 %
Male
23 %

Years of Experience

Less than 1 year
3%
1-4 years
25%
5-9 years
31%
10-19 years
30%
20 years or more
12%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 81%
vision benefits Vision: 67% employee benefits None: 10%