Median pay for Assistant Bank Managers in the United States comes out to approximately $43K per year, but employers in New York pay the most, the average compensation in that city is around $61K. Assistant Bank Managers will also find cushy salaries in Los Angeles (+17 percent) and Boston (+11 percent). The data for this synopsis comes from respondents who took the PayScale salary survey.

$31,899 - $56,228
(Median)
$32K
$43K
$56K
MEDIAN: $43,172
10%
50%
90%

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$13.13 - $23.95
(Median)
$13
$18
$24
MEDIAN: $18.00
10%
50%
90%

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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$20K$40K$60K
Salary
$31,899 - $56,228  
   
Bonus
$357.45 - $6,194  
Profit Sharing
$0.00 - $3,013  
Commission
$1,003 - $6,219  
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).
)
$31,246 - $57,260  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 255
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$14$28$42
Hourly Rate
$13.13 - $23.95  
   
Overtime
$16.73 - $39.05  
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$28K$56K$84K
Bonus
$357.45 - $6,194  
   
Commission
$1,003 - $6,219  
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).
)
$31,246 - $57,260  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 86
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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 who transition into a Bank Manager role may receive large pay increases as the latter position pays an average $58K per year.

Assistant Branch Manager, Banking Job Listings

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Popular Employer Salaries for Assistant Bank Manager


Dominating the field, Bank of America Corp. (BOFA), Chase Bank, TD Bank, N.A., TD Banknorth, and U.S. Bank are top firms with a reputation for hiring a great number of Assistant Bank Managers. Assistant Bank Managers seeking a sizable paycheck can earn the most at TD Banknorth, where the average salary comes to $49K. Other employers shelling out big bucks include U.S. Bank, Bank of America Corp. (BOFA), and Chase Bank, where Assistant Bank Managers typically earn around $49K, $48K, or $46K, respectively.

Others at the bottom of the scale for this job include New York Community Bank (NYCB), TD Bank, N.A., and Chase Bank, all paying $46K.

Popular Skills for Assistant Bank Manager


Survey results suggest that Assistant Bank Managers put a wide range of professional skills to use. Most notably, facility with Sales Management and People Management are correlated to pay that is significantly above average, leading to increases of 21 percent and 3 percent, respectively. Those familiar with Customer Service also tend to know 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. Relatively untried employees who have less than five years' experience make $39K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $43K. People with 10 to 20 years of experience make an average of about $45K in this role. Survey participants who have spent more than 20 years on the job report a predictably higher median income of $49K, demonstrating that compensation is roughly commensurate with experience in the end.

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

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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 21%

People Management
up arrow 3%

Operations Management
up arrow 2%

Sales
up arrow 1%

Customer Service
0%

National Average
$43,000

Banking
up arrow 1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 36 votes.

Gender

Female
76 %
Male
24 %

Years of Experience

Less than 1 year
2%
1-4 years
26%
5-9 years
24%
10-19 years
35%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 80%
medical benefits
Vision: 67%
dental benefits
None: 10%
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