Personal Bankers at Bank of America Corp. (BOFA) take home an average $18.64 per hour. Location and years of experience each impact pay for this group, with the former having the largest influence. Job satisfaction is high and work is enjoyable for most Personal Bankers at Bank of America Corp. (BOFA). A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to the larger part. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 52 percent. Respondents to the PayScale salary survey provided the data for this report.

$33,538 - $49,652
$34K
$41K
$50K
MEDIAN: $40,821
10%
50%
90%

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$15.63 - $20.46
$16
$19
$20
MEDIAN: $18.00
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$18K$36K$54K
Salary
$33,538 - $49,652  
   
Bonus
$1,100 - $10,113  
Commission
$1,500 - $8,000  
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).
)
$33,871 - $51,286  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 64
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$11$22$33
Hourly Rate
$15.63 - $20.46  
   
Overtime
$21.64 - $32.44  
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$22K$44K$66K
Bonus
$1,100 - $10,113  
   
Commission
$1,500 - $8,000  
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).
)
$33,871 - $51,286  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 86

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Pay by Experience Level for Personal Banker

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


Workers with less than five years' experience earn around $41K on average, and those who have five to 10 years under their belts see a higher median salary of $42K. The average pay reported by folks with 10 to 20 years of experience is around $45K. Personal Bankers at Bank of America Corp. (BOFA) who claim more than two decades of experience actually make somewhat smaller average paychecks of $42K.

Pay Difference by Location

National Average: $41,438

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

For Personal Bankers at Bank of America Corp. (BOFA), busy San Jose offers a higher-than-average pay rate, 22 percent above the national average. Personal Bankers at Bank of America Corp. (BOFA) will also find cushy salaries in New York (+13 percent). With compensation 11 percent below the national average, Dallas is not known for hefty paychecks and actually represents the lowest-paying market. Employers in Houston and Miami also lean toward paying below-median salaries (5 percent lower and 4 percent lower, respectively).

Key Stats for Personal Banker

Gender

Female
52 %
Male
48 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 32 votes.
Less than 1 year
4%
1-4 years
55%
5-9 years
28%
10-19 years
10%
20 years or more
3%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Personal Banker Salaries



Late-Career
up arrow 1%

National Average
$41,000


Skills That Affect Personal Banker Salaries

Mortgage Loans
up arrow 17%

Strategic Sales
up arrow 3%


Customer Relationship Management (CRM)
up arrow 2%


Sales
0%

Customer Service
0%

Account Management
0%

Spanish Language
0%

National Average
$41,000

up arrow 1%




Microsoft Excel
up arrow 3%

Inside Sales
up arrow 6%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 32 votes.

Gender

Female
52 %
Male
48 %

Years of Experience

Less than 1 year
4%
1-4 years
55%
5-9 years
28%
10-19 years
10%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 75%
vision benefits
Vision: 67%
dental benefits
None: 14%
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