Entry-Level Relationship Banker Salary

For Entry-Level Relationship Bankers, hourly average wages total $15.53 per hour. With some bonuses approaching $12K and certain profit sharing proceeds approaching $10K, overall incomes of Entry-Level Relationship Bankers spread between $29K and $50K depending on individual performance. The particular firm is the biggest factor affecting pay for this group, followed by geography. For the most part, Entry-Level Relationship Bankers enjoy their work and report high levels of job satisfaction. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to more than half. Women are just slightly outnumbered, with male Entry-Level Relationship Bankers making up 51 percent of survey respondents. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$29,814 - $46,539
$30K
$36K
$47K
MEDIAN: $35,557
10%
50%
90%

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$12.74 - $19.42
$13
$16
$19
MEDIAN: $15.53
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$17K$34K$51K
Salary
$29,814 - $46,539  
   
Bonus
$503 - $11,796  
Profit Sharing
$0.00 - $9,863  
Commission
$795 - $15,434  
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).
)
$28,536 - $50,172  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 306
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
$12.74 - $19.42  
   
Overtime
$15.53 - $30.29  
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
$503 - $11,796  
   
Commission
$795 - $15,434  
Profit Sharing
$0.00 - $9,863  
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).
)
$28,536 - $50,172  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 329

Find Out Exactly What You Should Be Paid

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Relationship Banker Job Listings

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Popular Employer Salaries for Relationship Banker


Bank of America Corp. (BOFA), J.P. Morgan Chase & Co. (JPMCC), Chase Bank, M&T Bank Corp, and BB&T Corp. are top-notch employers for Entry-Level Relationship Bankers in this area. Although salaries only range from $32K to just $54K, J.P. Morgan Chase & Co. (JPMCC) still offers the highest pay with a median paycheck of $45K. Other employers shelling out big bucks include Chase Bank, Capital One Financial Corp, and Wells Fargo Bank, where Entry-Level Relationship Bankers typically earn around $44K, $39K, or $37K, respectively.

A few other companies with smaller-than-average paychecks include Bank of America Corp. (BOFA), M & T Bank, and M&T Bank Corp. They all pay $34K.

Pay Difference by Location

National Average: $36,092

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

For Entry-Level Relationship Bankers, working in the bustling city of San Francisco has its advantages, including an above-average pay rate. Entry-Level Relationship Bankers can also look forward to large paychecks in cities like New York (+30 percent), Los Angeles (+24 percent), Houston (+16 percent), and Baltimore (+9 percent). Las Vegas is the lowest-paying area, 7 percent south of the national average. Not at the bottom but still paying below the median are employers in Phoenix and Rochester (6 percent lower and 4 percent lower, respectively).

Key Stats for Relationship Banker

Gender

Female
49 %
Male
51 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 79 votes.
Less than 1 year
9%
1-4 years
76%
5-9 years
14%
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Location:
Years in Fields/Career:
United States (change)

Skills That Affect Relationship Banker Salaries


▼0%


National Average
$36,000

▼1%

Bilingual
▼1%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 79 votes.

Gender

Female
49 %
Male
51 %

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 79%
vision benefits
Vision: 68%
no benefits
None: 11%
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