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Senior Personal Banker Salary

Senior Personal Bankers in the United States take home an average $42K per year. Experience level and the company each impact pay for this group, with the former having the largest influence. A large number receive medical and dental insurance and a fair number get vision plans. Most Senior Personal Bankers report high levels of job satisfaction. Senior Personal Bankers survey participants are largely women, dominating at 66 percent. The numbers in this rundown were provided by PayScale's salary survey participants.

$33,561 - $53,530
(Median)
$34K
$42K
$54K
MEDIAN: $41,867
10%
50%
90%

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$14.33 - $24.26
(Median)
$14
$18
$24
MEDIAN: $18.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$19K$38K$57K
Salary
$33,561 - $53,530  
   
Bonus
$0.00 - $9,983  
Commission
$1,007 - $9,729  
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).
)
$32,246 - $56,341  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 103
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$14$28$42
Hourly Rate
$14.33 - $24.26  
   
Overtime
$22.18 - $41.85  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Bonus
$0.00 - $9,983  
   
Commission
$1,007 - $9,729  
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).
)
$32,246 - $56,341  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 92

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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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Although it's unusual, some Senior Personal Bankers transition into jobs as Banking Branch Managers. The latter group reports earning a slightly lower median of $51K per year, though.

Senior Personal Banker Job Listings

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Popular Employer Salaries for Senior Personal Banker


Senior Personal Bankers flock to Wells Fargo & Co. for generous paychecks, where average earnings of $51K lead the pack in compensation.

Popular Skills for Senior Personal Banker


Senior Personal Bankers only report a few specific skills. Most notably, skills in Customer Relationship Management, Sales, Customer Service, and Consumer Loans are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Consumer Loans. It is often found that people who know Customer Service are also skilled in 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.


Relatively untried employees who have less than five years' experience have a median salary of $41K. Those who have been around for five to 10 years can expect to take home more — $42K on average. Senior Personal Bankers who work for 10 to 20 years in their occupation tend to earn about $42K. Old hands who claim more than two decades on the job enjoy average earnings of $52K.

Senior Personal Banker Reviews

What is it like working as a Senior Personal Banker at Wells Fargo Bank?

Senior Personal Banker in Philadelphia:
"Wells Fargo Career."
Pros: Good career advancement and growth potential.
Cons: High stress sales environment. A lot of turnover.

Related Job Salaries

United States (change)

Experience Affects Senior Personal Banker Salaries

Late-Career
up arrow 22%

National Average
$43,000

Mid-Career
up arrow 1%


Entry-Level
up arrow 3%

Skills That Affect Senior Personal Banker Salaries

Customer Relationship Management (CRM)
up arrow 11%

Sales
up arrow 2%

Customer Service
up arrow 1%

National Average
$43,000

Consumer Loans
up arrow 5%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 31 votes.

Gender

Female
66 %
Male
34 %

Years of Experience

Less than 1 year
1%
1-4 years
29%
5-9 years
33%
10-19 years
31%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 82%
vision benefits Vision: 70% employee benefits None: 8%