Browse Categories

Bank Manager Salary

Bank Managers in the United States earn an average of $56K per year, and top pay can be found in San Diego, where the average is $83K. Bank Managers will also find cushy salaries in Los Angeles (+28 percent), Baltimore (+27 percent), Boston (+25 percent), and Chicago (+23 percent). Participants in PayScale's salary questionnaire provided the particulars of this report.
Read More
$39,601 - $74,359
(Median)
$40K
$56K
$74K
MEDIAN: $56,378
10%
50%
90%

Add this chart to your site: 640px    300px

$12.12 - $25.17
(Median)
$12
$16
$25
MEDIAN: $15.00
10%
50%
90%

Add this chart to your site: 640px    300px

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$28K$56K$84K
Salary
$39,601 - $74,359  
   
Bonus
$499.26 - $12,614  
Profit Sharing
$103.04 - $5,757  
Commission
$509 - $13,757  
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).
)
$39,695 - $82,903  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 873
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$14$28$42
Hourly Rate
$12.12 - $25.17  
   
Overtime
$0.00 - $36.99  
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$28K$56K$84K
Bonus
$499.26 - $12,614  
   
Commission
$509 - $13,757  
Profit Sharing
$103.04 - $5,757  
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).
)
$39,695 - $82,903  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 28
United States (change)

Job Description for Bank Manager

The bank manager handles the day-to-day operations of a bank branch, which is usually owned and operated by a larger financial entity. They administer the bank’s policies, ensure adherence to company and legal regulations, and are responsible for supervising the other bank employees. They implement bank operations and budgets, and they are expected to run their operation in a profitable manner. The bank manager is expected to grow their branch by expanding its base of customers and ensure that the bank is marketed properly. Depending on the bank and the entity that owns it, continuing training on regulations and new requirements may be part of the bank manager’s job, and the manager should also expect to do a great deal of training to his or her own staff as well. Finally, the bank manager serves as the final authority on hiring decisions made by the bank, and should have a good working knowledge of human resource management.

Read More...

Bank Manager Tasks

  • Plan and implement strategies for bringing in new customers and improving sales of bank services.
  • Supervise and motivate bank staff, and oversee the hiring, training, and performance of employees.
  • Manage the daily activities of a bank branch or regional branches, including marketing, sales, HR, and bank profitability.
  • Establish and maintain strong relationships with customers, the community, and business partners.

Branch Manager, Banking Job Listings

Search for more jobs:

Popular Employer Salaries for Bank Manager


Bank Managers fill the offices of leading firms Bank of America Corp. (BOFA), Wells Fargo Bank, The PNC Financial Services Group, Inc., J.P. Morgan Chase & Co. (JPMCC), and SunTrust Banks Inc. Bank Managers seeking a sizable paycheck can earn the most at Chase Bank, where the average salary comes to $74K. Other leaders in compensation levels are J.P. Morgan Chase & Co. (JPMCC) at $74K, Bank of America Corp. (BOFA) at $69K, and KeyBank, where Bank Managers annually earn $68K.

Other low-paying employers include us bank at $59K and SunTrust Banks Inc. at $60K, though some Bank Managers there earn up to $87K.

Popular Skills for Bank Manager


Survey results suggest that Bank Managers put a wide range of professional skills to use. Most notably, skills in Sales, Business Development, Sales Management, and People Management are correlated to pay that is above average, with boosts between 6 percent and 12 percent. Skills that are correlated to lower pay, on the other hand, include Mortgage Loans and Consumer Loans. The majority of those who know Customer Service also know Operations Management.

Pay by Experience Level for Bank Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For Bank Managers, more experience in the field does not usually mean bigger paychecks. Survey participants with less than five years' experience pocket $52K on average, but those with five to 10 years of experience enjoy a much bigger median of $60K. On average, Bank Managers make $63K following one to two decades on the job. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $66K.

Bank Manager Reviews

What is it like working as a Bank Manager at Chase Bank?

Bank Manager in Canton:
"Great company, great benefits and support."
Pros: I get paid well, I enjoy coaching my employees and helping clients, I love the technology.
Cons: I feel like to boss is always telling me to run the business my way and then tell me what to do.

Related Job Salaries

Experience Affects Bank Manager Salaries




National Average
$60,000


Skills That Affect Bank Manager Salaries

Sales
up arrow 12%



People Management
up arrow 4%

Customer Service
0%

Operations Management
0%

National Average
$60,000

Consumer Loans
up arrow 16%

Mortgage Loans
up arrow 18%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 187 votes.

Gender

Female
58 %
Male
42 %

Years of Experience

Less than 1 year
1%
1-4 years
18%
5-9 years
26%
10-19 years
36%
20 years or more
19%

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 82%
vision benefits Vision: 70% employee benefits None: 9%