$37,859
Avg. Salary
$16.33
Avg. Hourly Rate

Average additional compensation:

$2,458

Bonus

$1,375

Profit Sharing

$3,721

Commission

What am I worth?
How should I pay?

The average pay for a Personal Banker is $16.33 per hour.

The average pay for a Personal Banker is $37,859 per year.

10%
$12.81
10%
$16.33
50%
$20.13
90%
90%
MEDIAN $16.33
10%
$30k
10%
$38k
50%
$49k
90%
90%
MEDIAN $37,859
$29,834 - $49,030
$30K
$38K
$49K
MEDIAN: $37,859
10%
50%
90%

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$12.81 - $20.13
$13
$16
$20
MEDIAN: $16.33
10%
50%
90%

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$0$49K
Salary $29,834 - $49,030
Bonus $575 - $8,338
Profit Sharing $300 - $6,500
Commission $609 - $10,042
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).
)
$28,309 - $48,403
  • Country: United States
  • Currency: USD
  • Updated: 16 Apr 2019
  • Individuals Reporting: 2,404
Hourly Data $0$30
Hourly Rate $12.81 - $20.13
Hourly Tips $1.25
Overtime $18.58 - $30.56
Annual Data $0$48K
Bonus $575 - $8,338
Commission $609 - $10,042
Profit Sharing $300 - $6,500
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).
)
$28,309 - $48,403
  • Country: United States
  • Currency: USD
  • Updated: 16 Apr 2019
  • Individuals Reporting: 3,266

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.

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.

Personal Banker Pay By Employer

$0$49K

Wells Fargo Bank
331 profiles
$35,742

Wells Fargo & Co.
127 profiles
$35,908

U.S. Bank
98 profiles
$33,155

$38,986

Chase Bank
85 profiles
$34,644

$33,281

$37,834

$37,819

Citibank
45 profiles
$44,130

$34,465

Common Career Paths for Personal Banker


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Personal Bankers who go on to become Private Bankers may see their salaries climb quite a bit. Median pay for Private Bankers is $79K annually. It is quite typical for Personal Bankers to transition into roles as Banking Branch Managers or Assistant Branch Managers of Banking, where reported median earnings are $16K and $3K higher per year.

Personal Banker Job Listings

Popular Skills for Personal Banker


Survey results imply that Personal Bankers deploy a deep pool of skills on the job. Most notably, skills in Customer Relationship Management, Spanish Language, Sales, and Consumer Loans are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Office. Those familiar with Banking also tend to know Sales.

Pay by Experience Level for Personal Banker

Pay by Experience for a Personal Banker has a positive trend. An entry-level Personal Banker with less than 5 years of experience can expect to earn an average total compensation of $35,000 based on 2,341 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Personal Banker with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $38,000 based on 916 salaries. An experienced Personal Banker which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $39,000 based on 511 salaries. A Personal Banker with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $40,000 based on 164 salaries.

Pay Difference by Location

National Average: $36,868

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

Personal Bankers will find that San Francisco offers an impressive pay rate, one which exceeds the national average by 28 percent. Personal Bankers can also look forward to large paychecks in cities like New York (+19 percent), Seattle (+18 percent), Los Angeles (+10 percent), and Chicago (+7 percent). The lowest-paying market is Denver, which sits 4 percent below the national average.

Related Job Salaries

Key Stats for Personal Banker

Gender

Female
59 %
Male
41 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 1020 votes.
Less than 1 year
6%
1-4 years
53%
5-9 years
22%
10-19 years
14%
20 years or more
5%

Experience Affects Personal Banker Salaries

▲7%

▲6%

▲3%

National Average
$37,000

▼5%

Skills That Affect Personal Banker Salaries



National Average
$37,000

▼1%


▼2%


Account Sales
▼2%



Inside Sales
▼2%






Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 1020 votes.

Gender

Female
59 %
Male
41 %

Years of Experience

Less than 1 year
6%
1-4 years
53%
5-9 years
22%
10-19 years
14%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 76%
vision benefits
Vision: 68%
no benefits
None: 15%