The average hourly pay for a Personal Banker is $16.65.
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$13 - $20
$584 - $8,067
$245 - $5,960
$606 - $10,169
$29,070 - $48,920
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Job Description for Personal Banker
Personal bankers are responsible for helping individual clients manage their money in order to balance financial risks and returns. These bankers typically work in indoor office environments, and some limited travel may be required to attend social networking events and appeal to potential clients. Although they generally work during traditional business hours, extended hours may be required depending on the organization and needs of the client. Most entry-level personal banking positions requi…Read more
Personal Banker Tasks
- Provides customer service, explaining bank services and assisting with new accounts, loans, bonds, and securities.
- Enters new and updated customer account information into computer system.
- Collects customer information for new loans and begins review process.
- Sells financial products and services to potential and current customers.
Job Satisfaction for Personal Banker
Popular Employer Salaries for Personal Banker
The top respondents for the job title Personal Banker are from the companies Wells Fargo Bank, Wells Fargo & Co. and Chase Bank. Reported salaries are highest at Bank of America Corp. (BOFA) where the average pay is $18.94. Other companies that offer high salaries for this role include Fifth Third Bank (5/3 Bank) and Wells Fargo Bank, earning around $18.81 and $17.58, respectively. The PNC Financial Services Group, Inc. pays the lowest at around $15.75. U.S. Bank and Chase Bank also pay on the lower end of the scale, paying $16.50 and $16.84, respectively.
Personal Banker Job Listings
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Popular Skills for Personal Banker
Avg. Hourly Rate
Skills in Banking, Sales and Consumer Loans are correlated to pay that is above average. Skills that pay less than market rate include Customer Relations.
Pay by Experience Level for Personal Banker
An entry-level Personal Banker with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $15.43 based on 286 salaries. An early career Personal Banker with 1-4 years of experience earns an average total compensation of $16.39 based on 2,621 salaries. A mid-career Personal Banker with 5-9 years of experience earns an average total compensation of $17.18 based on 1,092 salaries. An experienced Personal Banker with 10-19 years of experience earns an average total compensation of $17.70 based on 765 salaries. In their late career (20 years and higher), employees earn an average total compensation of $19.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Personal Banker in their job title in New York, New York earn an average of 12.7% more than the national average. These job titles also find higher than average salaries in Los Angeles, California (11.2% more) and Chicago, Illinois (7.3% more). The lowest salaries can be found in Houston, Texas (6.7% less) and Dallas, Texas (0.5% less).
Years of Experience
This data is based on 5,031 survey responses.
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