Assistant Bank Manager Salary

The average Assistant Bank Manager in the United States earns approximately $43K per year. In the world of Assistant Bank Managers, total cash compensation ranges from $31K on the lower end to $56K on the higher end; this includes bonuses that reach $7K and profit sharing that approaches $3K in rare cases, with some high rollers snagging commissions as high as $5K. Compensation for this group is mainly affected by location, but tenure and the individual firm are influential factors as well. Most Assistant Bank Managers survey respondents are women (74 percent). A large number report receiving medical coverage from their employers and most collect dental insurance. The majority of workers are highly satisfied with their job.

$31,761 - $54,067

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$12.49 - $23.54

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$19K$38K$57K
Salary
$31,761 - $54,067  
   
Bonus
$0.00 - $7,071  
Profit Sharing
$0.00 - $3,000  
Commission
$630 - $5,152  
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).
)
$30,955 - $56,355  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 316
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$13$26$39
Hourly Rate
$12.49 - $23.54  
   
Overtime
$16.73 - $36.95  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$26K$52K$78K
Bonus
$0.00 - $7,071  
   
Commission
$630 - $5,152  
Profit Sharing
$0.00 - $3,000  
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).
)
$30,955 - $56,355  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 84
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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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Assistant Bank Managers often end up in upper-level roles like Banking Branch Manager. Banking Branch Managers bring home $51K annually on average.

Assistant Branch Manager, Banking Job Listings

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Popular Employer Salaries for Assistant Bank Manager


Assistant Bank Managers in search of the best pay head to Bank of America Corp. (BOFA), where the median salary rolls in at $47K. Although pay is top-notch overall, it does seem to be curbed at $58K, which isn't dramatically higher than the lower-end figure of $34K.

Popular Skills for Assistant Bank Manager


Survey results show that Assistant Bank Managers use a fair number of skills. Most notably, skills in Sales Management, People Management, Sales, and Operations Management are correlated to pay that is above average, with boosts between 3 percent and 13 percent. Those proficient in Customer Service are, more often than not, 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 do not generally earn higher incomes from more experience in the field. Survey participants with less than five years' experience pocket $40K on average, but those with five to 10 years of experience enjoy a much bigger median of $44K. Assistant Bank Managers bring in $46K after working for 10 to 20 years. People who have worked for more than 20 years report a median income no higher than the median for folks with 10 to 20 years of experience.

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.

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Experience Affects Assistant Bank Manager Salaries




National Average
$43,000


Skills That Affect Assistant Bank Manager Salaries

Sales Management
up arrow 13%

People Management
up arrow 4%

Operations Management
up arrow 3%

Sales
up arrow 3%

Customer Service
0%

Banking
0%

National Average
$43,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 49 votes.

Gender

Female
74 %
Male
26 %

Years of Experience

Less than 1 year
2%
1-4 years
26%
5-9 years
29%
10-19 years
31%
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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