Assistant Bank Manager Salary

Median pay for Assistant Bank Managers in the United States comes out to approximately $42K annually, but employers in New York pay the most, the average compensation in that city is around $61K. Assistant Bank Managers will also find cushy salaries in Los Angeles (+17 percent) and Boston (+11 percent). The data for this snapshot was collected from individuals who took PayScale's salary survey.

$32,475 - $59,468
$32K
$43K
$59K
MEDIAN: $42,687
10%
50%
90%

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$14.32 - $25.21
$14
$19
$25
MEDIAN: $19.48
10%
50%
90%

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$0$59K
Salary $32,475 - $59,468
Bonus $610 - $6,033
Profit Sharing $0.00 - $3,041
Commission $2,048
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).
)
$31,995 - $59,769
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 175
Hourly Data $0$41
Hourly Rate $14.32 - $25.21
Overtime $23.32 - $41.89
Annual Data $0$59K
Bonus $610 - $6,033
Commission $2,048
Profit Sharing $0.00 - $3,041
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).
)
$31,995 - $59,769
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 74

Find Out Exactly What You Should Be Paid

United States (change)

Job Description for Assistant Bank Manager

The assistant bank manager helps ensure that their institution runs smoothly on a day-to-day basis. This position requires the ability to communicate effectively, especially in strengthening or establishing relationships with current and prospective customers; because a large variety of customers use banks, the assistant bank manager must be knowledgeable about their institution's offerings.

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Assistant Bank Manager Tasks

  • Hire, train, and supervise customer service representatives and financial service managers.
  • Enforce bank regulations and oversee bank security measures.
  • Monitor branch financial activities, performing audits, reviewing reports, and managing cash levels.
  • Work to gain and retain customers by maintaining high standards of customer service.

Common Career Paths for Assistant Bank Manager


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Assistant Bank Managers who transition into a Bank Manager role may receive large pay increases as the latter position pays an average $58K per year.

Assistant Bank Manager Job Listings

Popular Employer Salaries for Assistant Bank Manager


Bank of America Corp. (BOFA), TD Bank, N.A., Chase Bank, Regions Bank, and New York Community Bank (NYCB) are all popular places to work. Chase Bank attracts talent by shelling out the biggest paychecks in the area — the median in that office is $49K. Bank of America Corp. (BOFA), TD Banknorth, and TD Bank, N.A. are a few other companies that offer generous salaries, with Assistant Bank Managers earning around $47K, $47K, or $46K at each firm, respectively.

Workers at U.S. Bank, New York Community Bank (NYCB), and TD Bank, N.A. also face smaller salaries than the rest of the field — average earnings for these employers come to $45K, $46K, and $46K respectively.

Popular Skills for Assistant Bank Manager


Assistant Bank Managers report using a pretty varied skill set on the job. Most notably, facility with Sales Management and People Management are correlated to pay that is significantly above average, leading to increases of 21 percent and 3 percent, respectively. The majority of those who know Customer Service also know Sales.

Pay by Experience Level for Assistant Bank Manager

Pay by Experience for an Assistant Bank Manager has a positive trend. An entry-level Assistant Bank Manager with less than 5 years of experience can expect to earn an average total compensation of $40,000 based on 94 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Assistant Bank Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $41,000 based on 104 salaries. An experienced Assistant Bank Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $45,000 based on 117 salaries. An Assistant Bank Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $49,000 based on 43 salaries.

Pay Difference by Location

National Average: $43,943

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

Assistant Bank Manager Reviews

Q: What is it like working as an Assistant Bank Manager?

Assistant Bank Manager in Macungie:
"More Problems, Less Money."
Pros: Working with people.
Cons: Micromanagement. Unattainable goals. Under staffing.

Related Job Salaries

Key Stats for Assistant Bank Manager

Gender

Female
72 %
Male
28 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 43 votes.
Less than 1 year
2%
1-4 years
23%
5-9 years
25%
10-19 years
35%
20 years or more
15%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Assistant Bank Manager Salaries

▲12%

▲2%

National Average
$44,000

▼6%

▼9%

Skills That Affect Assistant Bank Manager Salaries

Sales Management
▲20%

People Management
▲2%

National Average
$44,000


Sales
▼1%

Customer Service
▼2%

Banking
▼2%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 43 votes.

Gender

Female
72 %
Male
28 %

Years of Experience

Less than 1 year
2%
1-4 years
23%
5-9 years
25%
10-19 years
35%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 85%
vision benefits
Vision: 74%
no benefits
None: 7%
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