Assistant Bank Manager Salary

Assistant Bank Managers in the United States take home an average $43K annually. The range in cash compensation to Assistant Bank Managers (largely between $31K and $57K) includes potential earnings of $7K from bonuses, $3K from profit sharing, and commissions of $6K in exceptional cases. The most important factor affecting compensation for this group is residence, followed by the specific employer and experience level. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the greater part. Female Assistant Bank Managers make up most of the survey respondents at 75 percent. Most Assistant Bank Managers report high levels of job satisfaction. The information for this snapshot was generated by responses to the PayScale salary survey.

$32,072 - $54,978
(Median)
$32K
$43K
$55K
MEDIAN: $43,059
10%
50%
90%

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$12.59 - $23.31
(Median)
$13
$18
$23
MEDIAN: $17.00
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$19K$38K$57K
Salary
$32,072 - $54,978  
   
Bonus
$0.00 - $7,179  
Profit Sharing
$0.00 - $2,959  
Commission
$650 - $6,104  
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).
)
$31,079 - $56,951  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 372
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
$12.59 - $23.31  
   
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 - $7,179  
   
Commission
$650 - $6,104  
Profit Sharing
$0.00 - $2,959  
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).
)
$31,079 - $56,951  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 111
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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 may progress into high-paying roles like Bank Manager, where median compensation is $57K annually.

Assistant Branch Manager, Banking Job Listings

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Popular Employer Salaries for Assistant Bank Manager


Well-known firms with a reputation for hiring numerous Assistant Bank Managers include Bank of America Corp. (BOFA), Chase Bank, TD Bank, N.A., U.S. Bank, and New York Community Bank (NYCB). For Assistant Bank Managers, comfortable salaries can be found at U.S. Bank; in fact, median earnings sit around $50K, the highest in the area.

Popular Skills for Assistant Bank Manager


Assistant Bank Managers report using a diverse set of skills on the job. Most notably, skills in Sales Management, People Management, Operations Management, and Sales are correlated to pay that is above average. 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.


Experience does not seem to be a strong driver of pay increase in this role. 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 see a median salary of $46K after reaching one to two decades on the job. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $47K.

Pay Difference by Location

National Average: $43,328

Larger city markers indicate a job is popular in that location.

For Assistant Bank Managers, working in the bustling city of New York has its advantages, including an above-average pay rate. Assistant Bank Managers will also find cushy salaries in Los Angeles (+17 percent) and Boston (+11 percent). In Philadelphia, salaries are 10 percent below the national average and represent the lowest-paying market.

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 15%

People Management
up arrow 4%

Operations Management
up arrow 3%

Sales
up arrow 3%

Customer Service
0%

National Average
$43,000

Banking
up arrow 1%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 58 votes.

Gender

Female
75 %
Male
25 %

Years of Experience

Less than 1 year
2%
1-4 years
25%
5-9 years
29%
10-19 years
30%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 79%
medical benefits
Vision: 66%
dental benefits
None: 11%
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