Assistant Bank Manager Salary

Median pay for Assistant Bank Managers in the United States lies in the neighborhood of $43K annually. Overall compensation packages to Assistant Bank Managers range from $31K on the low end to $56K on the high end; this includes bonuses that peak near $7K and profit sharing that approaches $3K, with some high rollers snagging commissions as high as $3K. While career length and the specific company impact pay for this group, residence is the most influential factor. Female Assistant Bank Managers make up most of the survey respondents at 76 percent. Medical benefits are awarded to most, and a large number earn dental coverage. The majority of Assistant Bank Managers claim high levels of job satisfaction.

$31,632 - $53,976
(Median)
$32K
$43K
$54K
MEDIAN: $43,177
10%
50%
90%

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$12.44 - $23.66
(Median)
$12
$18
$24
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
$31,632 - $53,976  
   
Bonus
$0.00 - $7,122  
Profit Sharing
$0.00 - $3,000  
Commission
$630 - $3,122  
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).
)
$30,918 - $56,424  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 305
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
$12.44 - $23.66  
   
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 - $7,122  
   
Commission
$630 - $3,122  
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).
)
$30,918 - $56,424  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 81
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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 transition into upper-level roles like Banking Branch Manager, for which the average compensation is $51K per year.

Assistant Branch Manager, Banking Job Listings

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Popular Employer Salaries for Assistant Bank Manager


Bank of America Corp. (BOFA) pays the most with a median salary of $46K, though there is little variation overall ($34K to $58K).

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 12 percent. 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.


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.

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 12%

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 49 votes.

Gender

Female
76 %
Male
24 %

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: 81%
vision benefits Vision: 67% employee benefits None: 11%
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