Senior Personal Banker Salary

The average Senior Personal Banker in the United States earns approximately $42K annually. The particular firm is the main element affecting pay for this group — career length and geography are driving factors as well. More than half of Senior Personal Bankers (67 percent) survey participants are women. Most workers in this position report high levels of job satisfaction. Most receive medical and dental insurance and a strong majority get vision insurance. This snapshot results from replies to PayScale's salary survey.

$33,249 - $50,640
(Median)
$33K
$42K
$51K
MEDIAN: $41,676
10%
50%
90%

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$14.25 - $23.42
(Median)
$14
$18
$23
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$19K$38K$57K
Salary
$33,249 - $50,640  
   
Bonus
$193.92 - $10,029  
Profit Sharing
$1,750  
Commission
$387.83 - $8,243  
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).
)
$31,951 - $54,221  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 133
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
$14.25 - $23.42  
   
Overtime
$20.72 - $40.69  
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
$193.92 - $10,029  
   
Commission
$387.83 - $8,243  
Profit Sharing
$1,750  
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).
)
$31,951 - $54,221  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 133
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Job Description for Senior Personal Banker

A senior personal banker's role is centered around customer service. They work at the banking facility, helping gain new customers, maintain relationships with current clients, and promote banking products such as checking accounts, credit cards, and loans. This position requires the personal banker to have excellent customer service skills (both in person and on the phone). Experience with electronic communications is also important, as many customer service interactions occur through email.

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Senior Personal Banker Tasks

  • Utilize standard sales techniques such as profiling, active listening, and tele-consulting to generate business.
  • Coordinate with branch staff and other business lines to achieve growth objectives.
  • Earn the client’s trust by enthusiastically adhering to all required service standards and serves as role model for other branch staff.
  • Take leading role in achieving production goals for deposits, loans, fee income, and other goals that are assigned.
  • Resolve client concerns or seeks assistance as needed.

Common Career Paths for Senior Personal Banker


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It's not very common for Senior Personal Bankers to move on to become Banking Branch Managers. Average pay for a Banking Branch Manager is $51K annually.

Senior Personal Banker Job Listings

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Popular Employer Salaries for Senior Personal Banker


Many Senior Personal Bankers can be found at Wells Fargo Bank, Bank of America Corp. (BOFA), U.S. Bank, SunTrust Banks Inc., and Citizens Financial Group, Inc., firms that are at the top of the field. The biggest paychecks can be found at Wells Fargo & Co. — the median salary there is $51K.

Popular Skills for Senior Personal Banker


Survey results show that Senior Personal Bankers typically report just a few professional skills. Most notably, skills in Customer Relationship Management, Consumer Loans, Sales, and Customer Service are correlated to pay that is above average. The majority of those who know Customer Service also know Customer Relationship Management (CRM).

Pay by Experience Level for Senior Personal Banker

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


More years of relevant experience do not necessarily translate to higher paychecks. Workers with less than five years' experience earn around $39K on average, and those who have five to 10 years under their belts see a higher median salary of $41K. Senior Personal Bankers see a median salary of $41K after reaching one to two decades on the job. Old hands boasting more than twenty years of relevant experience report pay that is more or less commensurate with that extensive experience; average earnings for this group come out to approximately $47K.

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Experience Affects Senior Personal Banker Salaries




National Average
$41,000


Skills That Affect Senior Personal Banker Salaries

Customer Relationship Management (CRM)
up arrow 3%

Consumer Loans
up arrow 3%

Sales
up arrow 2%

National Average
$41,000

Customer Service
up arrow 1%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 39 votes.

Gender

Female
67 %
Male
33 %

Years of Experience

Less than 1 year
1%
1-4 years
29%
5-9 years
30%
10-19 years
32%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 83%
medical benefits
Vision: 72%
dental benefits
None: 8%
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