The average salary for a Trust Officer is $57,005 per year. The highest paying skills associated with this job are Client Interaction and Customer Relationship Management (CRM).
Trust Officer Total Pay (?
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.
)
$40,913 - $95,097
(Median)
41K
57K
73K
95K
MEDIAN: $57,004
10%
50%
75%
90%
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Trust Officer Total Pay (?
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.
)
$16.48 - $54.82
(Median)
16
32
55
MEDIAN: $22.00
10%
75%
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$50K$100K$150K
Salary
$40,913 - $95,097  
   
Bonus
$0.00 - $11,635  
Profit Sharing
$971 - $5,152  
Commission
$1,003 - $20,608  
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).
)
$41,876 - $104,500  
PayScale
Country: United States | Currency: USD | Updated: 16 Apr 2014 | Individuals Reporting: 304
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$25$50$75
Hourly Rate
$16.48 - $54.82  
   
Overtime
$0.09 - $36.63  
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$50K$100K$150K
Bonus
$0.00 - $11,635  
   
Commission
$1,003 - $20,608  
Profit Sharing
$971 - $5,152  
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).
)
$41,876 - $104,500  
PayScale
Country: United States | Currency: USD | Updated: 16 Apr 2014 | Individuals Reporting: 304
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Trust Officer Job Listings

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Popular Employer Salaries for Trust Officer
Job Description for Trust Officer
Trust officers are commonly hired by private banks and investment groups to provide expertise and communication in trust and estate issues. Most of the daily duties of the job involve communicating, as individuals in this position work as a liaison between trust clients and various related agencies or advisors. Specific tasks include interpreting legal documents, reviewing client relationships, monitoring funds, reporting to management, and completing various forms of paperwork. This is done in an indoor environment, typically in a banking institution or other office setting. Work involves communication with clients and other firms, but trust officers also work in teams with other trust officers in many large banks. Risk and physical requirements of the position are extremely limited, while work hours are typically standard business operating hours.
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Trust Officer Tasks
  • Coordinate legal, tax, and financial paperwork associated with the account, and ensure compliance with bank and government regulations.
  • Manage returns yielded by trust fund, distributing profits to trust members or reinvesting them according to trust fund terms.
  • Set up trust funds by identifying potential members and placing assets into trust account.
  • Work to implement strategies which achieve client goals for trust fund.
Pay by Experience Level for Trust Officer
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
Los Angeles
up arrow 48%
Boston
up arrow 27%
Chicago
up arrow 5%
National Average
$61,000
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Trust Officer Salaries

Late-Career
up arrow 26%
Experienced
up arrow 12%
Mid-Career
up arrow 2%
National Average
$61,000
Entry-Level
up arrow 13%

Skills That Affect Trust Officer Salaries

Client Interaction
up arrow 48%
Customer Relationship Management (CRM)
up arrow 33%
National Average
$61,000
Job Satisfaction
Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 62 votes.
Gender
Female
60%
female alumni
 
Male
41%
male alumni
Years of Experience
Less than 1 year
3%
1-4 years
29%
5-9 years
29%
10-19 years
24%
20 years or more
15%
Common Health Benefits
medical benefits Medical: 90% dental benefits Dental: 71%
vision benefits Vision: 59% employee benefits None: 9%
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