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Senior Personal Banker Salary

Senior Personal Bankers in the United States can expect wages of $42K per year on average. Career length and the company each impact pay for this group, with the former having the largest influence. More than half of Senior Personal Bankers (67 percent) survey participants are women. Work is enjoyable for Senior Personal Bankers, who typically claim high levels of job satisfaction. Medical and dental benefits are awarded to a large number, and a fair number earn vision coverage. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$33,632 - $53,435
(Median)
$34K
$42K
$53K
MEDIAN: $41,887
10%
50%
90%

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$14.16 - $24.10
(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
$33,632 - $53,435  
   
Bonus
$0.00 - $9,975  
Commission
$1,014 - $9,881  
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).
)
$31,849 - $56,175  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 105
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
$14.16 - $24.10  
   
Overtime
$20.29 - $41.57  
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 - $9,975  
   
Commission
$1,014 - $9,881  
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).
)
$31,849 - $56,175  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 97

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United States (change)


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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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Though not the most common occurrence, Senior Personal Bankers sometimes become Banking Branch Managers, where the average income is $51K per year.

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


Job skills reported by Senior Personal Bankers are limited. Most notably, skills in Customer Relationship Management, Sales, Customer Service, and Consumer Loans are correlated to pay that is above average. At the other end of the pay range are skills like Consumer Loans. 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.


Experience and pay tend to be weakly linked for Senior Personal Bankers — those with more experience do not necessarily bring in higher earnings. Folks with fewer than five years of experience take home $41K on average, and those who have worked for five to 10 years see a bigger median salary of $42K. On average, Senior Personal Bankers make $42K following one to two decades on the job. As Senior Personal Bankers reach more than two decades on the job, compensation remains commensurate with experience; the average pay in this group is $48K.

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 14%

National Average
$42,000



Entry-Level
up arrow 2%

Skills That Affect Senior Personal Banker Salaries

Customer Relationship Management (CRM)
up arrow 9%

Sales
up arrow 2%

Customer Service
0%

National Average
$42,000

Consumer Loans
up arrow 5%

Job Satisfaction

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

Gender

Female
67 %
Male
33 %

Years of Experience

Less than 1 year
0%
1-4 years
28%
5-9 years
34%
10-19 years
31%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 83%
vision benefits Vision: 71% employee benefits None: 9%
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