$59,938
Avg. Salary
$18.11
Avg. Hourly Rate

Average additional compensation:

$5,081

Bonus

$1,526

Profit Sharing

$5,028

Commission

What am I worth?
How should I pay?

The average pay for a Bank Manager is $18.11 per hour.

The average pay for a Bank Manager is $59,938 per year.

10%
$13.30
10%
$18.11
50%
$28.87
90%
90%
MEDIAN $18.11
10%
$42k
10%
$60k
50%
$79k
90%
90%
MEDIAN $59,938
$42,488 - $79,171
$42K
$60K
$79K
MEDIAN: $59,938
10%
50%
90%

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$13.30 - $28.87
$13
$18
$29
MEDIAN: $18.11
10%
50%
90%

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$0$87K
Salary $42,488 - $79,171
Bonus $1,183 - $13,494
Profit Sharing $0.00 - $5,918
Commission $966 - $12,766
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).
)
$41,847 - $87,311
  • Country: United States
  • Currency: USD
  • Updated: 17 Mar 2019
  • Individuals Reporting: 1,132
Hourly Data $0$39
Hourly Rate $13.30 - $28.87
Overtime $15.89 - $39.69
Annual Data $0$87K
Bonus $1,183 - $13,494
Commission $966 - $12,766
Profit Sharing $0.00 - $5,918
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).
)
$41,847 - $87,311
  • Country: United States
  • Currency: USD
  • Updated: 17 Mar 2019
  • Individuals Reporting: 65

Job Description for Bank Manager

The bank manager handles the day-to-day operations of a bank branch, which is usually owned and operated by a larger financial entity. They administer the bank’s policies, ensure adherence to company and legal regulations, and are responsible for supervising the other bank employees. They implement bank operations and budgets, and they are expected to run their operation in a profitable manner. The bank manager is expected to grow their branch by expanding its base of customers and ensure that the bank is marketed properly. Depending on the bank and the entity that owns it, continuing training on regulations and new requirements may be part of the bank manager’s job, and the manager should also expect to do a great deal of training to his or her own staff as well. Finally, the bank manager serves as the final authority on hiring decisions made by the bank, and should have a good working knowledge of human resource management.

Read More...
Bank Manager Tasks
  • Manage the daily activities of a bank branch or regional branches, including marketing, sales, HR, and bank profitability.
  • Establish and maintain strong relationships with customers, the community, and business partners.
  • Plan and implement strategies for bringing in new customers and improving sales of bank services.
  • Supervise and motivate bank staff, and oversee the hiring, training, and performance of employees.

Bank Manager Pay By Employer

$0$94K

$65,457

$63,542

Chase Bank
17 profiles
$67,510

Wells Fargo Bank
14 profiles
$52,939

BB&T Corp.
12 profiles
$60,934

U.S. Bank
12 profiles
$62,510

$59,268

Regions Bank
10 profiles
$63,886

Umpqua Bank
9 profiles
$72,053

$65,114

Common Career Paths for Bank Manager


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Moving into a Bank VP or Branch Manager position seems to be a popular career progression. Median pay for this job is $71K annually.

Bank Manager Job Listings

Popular Skills for Bank Manager


Bank Managers report using a diverse set of skills on the job. Most notably, skills in Sales, Customer Relationship Management, Business Development, and Sales Management are correlated to pay that is above average, with boosts between 5 percent and 9 percent. Skills that seem to negatively impact pay include Consumer Loans and Mortgage Loans. Most people who know Customer Service also know Operations Management.

Pay by Experience Level for Bank Manager

Pay by Experience for a Bank Manager has a positive trend. An entry-level Bank Manager with less than 5 years of experience can expect to earn an average total compensation of $52,000 based on 164 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A 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 $61,000 based on 246 salaries. An experienced Bank Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $64,000 based on 343 salaries. A 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 $65,000 based on 174 salaries.

Pay Difference by Location

19%

11%

-11%

-18%

National Average: $61,908

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

Seattle offers some of the highest pay in the country for Bank Managers, 34 percent above the national average. Bank Managers will also find cushy salaries in San Jose (+33 percent), Orlando (+21 percent), Dallas (+18 percent), and Chicago (+12 percent). The lowest-paying market is Houston, which sits 17 percent below the national average. A couple other locations with smaller-than-average paychecks include New York (10 percent lower) and Jacksonville (5 percent lower).

Bank Manager Reviews

Q: What is it like working as a Bank Manager?

Bank Manager in Boston:
"Being a Bank Manager."
Pros: I absolutely love working with our clients. They are mostly from the "Union" world as this is not your typical bank. Work closely with the Massachusetts Carpenters. We service annuity payments and processed "stamp" orders. I enjoy working/managing a team. I love teaching them new projects and having one on one meetings with my staff. I enjoy challenging them and also rewarding them for all their good and hard work. I like having meetings with Risk and Compliance and other departments to learn new experiences and to understand how the whole bank works as we all need each other.
Cons: Working 10-12 hours a day without a break. Meetings to discuss meetings that we've already had.

Bank Manager in St. Paul:
"The pay most of my peers were making."
Ask for a high salary. Job can be quite challenging at times.

Bank Manager in Canton:
"Great company, great benefits and support."
Pros: I get paid well, I enjoy coaching my employees and helping clients, I love the technology.
Cons: I feel like to boss is always telling me to run the business my way and then tell me what to do.

Bank Manager in Sumter:
"Planning is key."
Find a mentor early into your career, usually a senior commercial lender.

Bank Manager in Charlottesville:
"Management Skill."
Learn to be a good leader, it is not the same as being a good manager. If you respect your staff and they respect you, you can lead them and your task will be easier. Your attitude will set the altitude for the office.

Bank Manager in Portland:
"Repetetive."
Pros: Simplicity, same thing day after day.
Cons: Mundane, complaining customers, possibilities of theft constantly.

Bank Manager in Baltimore:
"Your own network is critical."
Network all the time.

Related Job Salaries

Key Stats for Bank Manager

Gender

Female
60 %
Male
39 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 202 votes.
Less than 1 year
1%
1-4 years
13%
5-9 years
22%
10-19 years
40%
20 years or more
24%

Experience Affects Bank Manager Salaries

▲5%

▲3%

National Average
$62,000

▼2%

▼16%

Skills That Affect Bank Manager Salaries

Sales
▲8%

Customer Relationship Management (CRM)
▲6%




National Average
$62,000



Mortgage Loans
▼17%

Consumer Loans
▼19%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 202 votes.

Gender

Female
60 %
Male
39 %

Years of Experience

Less than 1 year
1%
1-4 years
13%
5-9 years
22%
10-19 years
40%
20 years or more
24%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 85%
vision benefits
Vision: 77%
no benefits
None: 7%