Bank President Salary

A Bank President earns an average salary of $100,967 per year. A skill in Commercial Loans is associated with high pay for this job. Most people in this job have more than five years' experience in related jobs.

$70,027 - $188,295
(Median)
$70K
$100K
$190K
MEDIAN: $100,967
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$80K$160K$240K
Salary
$70,027 - $188,295  
   
Bonus
$4,797 - $49,449  
Profit Sharing
$0.00 - $25,342  
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).
)
$76,138 - $226,416  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 122
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Job Description for Bank President

The primary responsibilities of a bank president will involve the overseeing of a bank’s operations, establishing banking policies and objectives, developing new products and services for clients and customers, ensuring that the mission statement is carried out, developing and maintaining business opportunities, designing and implementing marketing strategies, and ensuring that the needs of the customers are met. Due to the high level of responsibility involved with being a bank president, the need for strong communication, management, and leadership skills are of crucial importance.

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Bank President Tasks

  • Organize internal bank structure, select the management team, and manage human resources strategies.
  • Review market conditions and internal sales reports, identifying problems and making necessary policy changes.
  • Oversee sales operations, directing and managing the sales team to ensure goals are met, and identifying new sales opportunities.
  • Develop and implement bank business plans, budgets, and policies.
  • Represent the bank at board of directors meetings, conferences, community events, and to the media.

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Experience Affects Bank President Salaries

Late-Career
up arrow 8%

Experienced
up arrow 8%

National Average
$110,000

Mid-Career
up arrow 15%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 20 votes.

Gender

Female
21 %
Male
79 %

Years of Experience

1-4 years
5%
5-9 years
8%
10-19 years
35%
20 years or more
52%

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 69%
vision benefits Vision: 45% employee benefits None: 5%
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