Personal Banker at Bank of America Corp. (BOFA) Salary

For Personal Bankers at Bank of America Corp. (BOFA), hourly average wages total $18.78 per hour. Location and tenure each impact pay for this group, with the former having the largest influence. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 54 percent. For the most part, Personal Bankers at Bank of America Corp. (BOFA) enjoy their work and report high levels of job satisfaction. This overview is based on answers to PayScale's salary questionnaire.

$34,783 - $49,146
$35K
$40K
$49K
MEDIAN: $40,489
10%
50%
90%

Add this chart to your site: 640px    300px

$15.46 - $20.89
$15
$19
$21
MEDIAN: $18.78
10%
50%
90%

Add this chart to your site: 640px    300px

$0$52K
Salary $34,783 - $49,146
Bonus $1,010 - $9,950
Commission $1,454 - $7,213
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).
)
$33,672 - $52,433
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 44
Hourly Data $0$32
Hourly Rate $15.46 - $20.89
Overtime $20.88 - $32.67
Annual Data $0$52K
Bonus $1,010 - $9,950
Commission $1,454 - $7,213
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).
)
$33,672 - $52,433
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 65

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

Personal Banker Job Listings

Pay by Experience Level for Personal Banker

Pay by Experience for a Personal Banker has a positive trend. An entry-level Personal Banker with less than 5 years of experience can expect to earn an average total compensation of $41,000 based on 92 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Personal Banker with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $43,000 based on 44 salaries. An experienced Personal Banker which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $49,000 based on 16 salaries. A Personal Banker with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $42,000 based on 13 salaries.

Pay Difference by Location

National Average: $41,913

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

For Personal Bankers at Bank of America Corp. (BOFA), San Jose provides a pay rate that is 21 percent greater than the national average. Personal Bankers at Bank of America Corp. (BOFA) will also find cushy salaries in New York (+11 percent). Trailing the national average by 12 percent, Dallas is the market with the smallest paychecks. On the whole, employers pay 6 percent below the median salary for those in this field in Houston and Miami.

Bank of America Corp. (BOFA) Reviews

Q: What is it like working as a Personal Banker at Bank of America Corp. (BOFA)?

Personal Banker in Fullerton:
"Finance."
Pros: 9-5 job.
Cons: Not enough pay, sales.

Key Stats for Personal Banker

Gender

Female
54 %
Male
46 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 28 votes.
Less than 1 year
7%
1-4 years
52%
5-9 years
29%
10-19 years
9%
20 years or more
2%
ADVERTISEMENT
Location:
Years in Fields/Career:
United States (change)

Experience Affects Personal Banker Salaries

▲16%

▲2%

Late-Career
▼0%

National Average
$42,000

▼2%

Skills That Affect Personal Banker Salaries

Mortgage Loans
▲16%


Strategic Sales
▲2%




National Average
$42,000

▼1%

Sales
▼1%

Customer Service
▼1%

Account Management
▼1%





Inside Sales
▼7%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 28 votes.

Gender

Female
54 %
Male
46 %

Years of Experience

Less than 1 year
7%
1-4 years
52%
5-9 years
29%
10-19 years
9%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 78%
vision benefits
Vision: 67%
no benefits
None: 13%
ADVERTISEMENT