The majority of Banking Branch Managers in the United States — slightly more than half — boast more than 10 years of experience in their profession. Salaries stretch from $38K to $80K per year, and the median is $55K annually. Total cash earnings of Banking Branch Managers range from $38K on the low end to $80K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $12K and $5K, respectively. The specific employer is the main element affecting pay for this group — geography and experience level are driving factors as well. Work is enjoyable for Banking Branch Managers, who typically claim high levels of job satisfaction. Medical benefits are awarded to most, and a large number earn dental coverage.

$39,144 - $74,844
(Median)
$39K
$55K
$75K
MEDIAN: $55,006
10%
50%
90%

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$12.74 - $24.44
(Median)
$13
$17
$24
MEDIAN: $16.00
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$27K$54K$81K
Salary
$39,144 - $74,844  
   
Bonus
$990 - $12,498  
Profit Sharing
$0.00 - $5,079  
Commission
$982 - $12,913  
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).
)
$38,395 - $80,452  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 2,619
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
$12.74 - $24.44  
   
Overtime
$14.79 - $33.45  
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
$990 - $12,498  
   
Commission
$982 - $12,913  
Profit Sharing
$0.00 - $5,079  
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).
)
$38,395 - $80,452  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 136
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Job Description for Branch Manager, Banking

Banking branch managers lead a team of bank employees. They must make sure that they, and their staff, build strong relationships with their customers or clients. They must work to recognize their customers’ financial needs and financial goals. They must have exceptional interpersonal, leadership, and customer service skills. They must have excellent oral and written communication skills. They must be able to build strong teamwork. They must ensure operational excellence. They must manage their branch’s budget. They closely monitor their branch’s revenue and expenses. They lead staff meetings.

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Branch Manager, Banking Tasks

  • Drives sales and loan quotas.
  • Promotes business development and customer service standards.
  • Develop, implement, and manage all bank administrative and sales orientated plans and goals.

Common Career Paths for Branch Manager, Banking


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Banking Branch Managers sometimes assume positions such as VPs of Operations. That role pays $123K per year on average. A more common career path for Banking Branch Managers is stepping into the role of Bank VP or Branch Manager or Bank Manager.

Branch Manager, Banking Job Listings

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Popular Employer Salaries for Branch Manager, Banking


Many Banking Branch Managers can be found at U.S. Bank, Wells Fargo Bank, The PNC Financial Services Group, Inc., SunTrust Banks Inc., and Chase Bank, firms that are at the top of the field. Pay for Banking Branch Managers is best at Chase Bank, which offers a median salary of $76K. However, the highest reported salaries don't seem to be much higher than the lowest ones; the pay range here runs from $53K to $90K. Banking Branch Managers can also look forward to large paychecks at J.P. Morgan Chase & Co. (JPMCC) ($71K), The PNC Financial Services Group, Inc. ($68K), and Wells Fargo Bank ($66K).

The consistently lowest paying firm on the list is Federal Credit Union, where the median salary is just $44K — 74 percent less than the top paying company. Also sliding in at the lower end of the scale are Woodforest National Bank ($49K), Regions Bank ($56K), and Charter One Bank ($59K).

Popular Skills for Branch Manager, Banking


Banking Branch Managers seem to exploit a large range of skills on the job. Most notably, skills in Sales Management, Business Development, Leadership, and Team Leadership are correlated to pay that is above average, with boosts between 3 percent and 11 percent. Skills that are correlated to lower pay, on the other hand, include Training, Scheduling, and Customer Service. Those familiar with Banking also tend to know Team Leadership and Consumer Loans.

Pay by Experience Level for Branch Manager, Banking

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


Those in the early stages of their career can expect to make around $52K; however, individuals with five to 10 years of experience bring in $58K on average — a distinctly larger sum. On average, Banking Branch Managers make $60K following one to two decades on the job. Folks who have racked up more than 20 years in the field report incomes that aren't higher than less experienced individuals' earnings.

Pay Difference by Location

36%

20%

19%

19%

18%

14%

-2%

-3%

-6%

National Average: $57,294

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

For Banking Branch Managers, New York provides a pay rate that is 36 percent greater than the national average. Banking Branch Managers can also look forward to large paychecks in cities like Los Angeles (+30 percent), Boston (+20 percent), Seattle (+19 percent), and Denver (+19 percent). Trailing the national average by 6 percent, Richmond is the market with the smallest paychecks. Employers pay around 4 percent less in Knoxville and 3 percent less in Houston, below-median salaries for those in this field.

Related Job Salaries

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Experience Affects Branch Manager, Banking Salaries




National Average
$57,000


Skills That Affect Branch Manager, Banking Salaries



Leadership
up arrow 3%

Team Leadership
up arrow 2%

Sales
up arrow 2%

New Business Development
up arrow 1%

Customer Relationship Management (CRM)
0%

National Average
$57,000

Banking
up arrow 1%

People Management
up arrow 1%

Operations Management
up arrow 1%

Hiring
up arrow 2%

Consumer Loans
up arrow 4%




Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 357 votes.

Gender

Female
60 %
Male
40 %

Years of Experience

Less than 1 year
1%
1-4 years
17%
5-9 years
26%
10-19 years
38%
20 years or more
18%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 80%
medical benefits
Vision: 72%
dental benefits
None: 10%
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