Personal Banker at Bank of America Corp. (BOFA) Salary

The average Personal Banker at Bank of America Corp. (BOFA) earns approximately $18.78 per hour. Geographic location and career duration each impact pay for this group, with the former having the largest influence. Women Personal Bankers at Bank of America Corp. (BOFA) who took the survey just slightly outnumber men. The majority of workers are highly satisfied with their job. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to more than half. This report is based on responses to the PayScale salary survey.

$35,575 - $50,472
$36K
$40K
$50K
MEDIAN: $40,496
10%
50%
90%

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$15.45 - $21.19
$15
$19
$21
MEDIAN: $18.84
10%
50%
90%

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$0$53K
Salary $35,575 - $50,472
Bonus $1,003 - $10,391
Commission $1,454 - $8,243
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).
)
$33,648 - $53,354
  • Country: United States
  • Currency: USD
  • Updated: 14 Sep 2017
  • Individuals Reporting: 39
Hourly Data $0$31
Hourly Rate $15.45 - $21.19
Overtime $20.67 - $31.99
Annual Data $0$53K
Bonus $1,003 - $10,391
Commission $1,454 - $8,243
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).
)
$33,648 - $53,354
  • Country: United States
  • Currency: USD
  • Updated: 14 Sep 2017
  • Individuals Reporting: 56

Find Out Exactly What You Should Be Paid

United States (change)

Personal Banker Job Listings

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 $41,000 based on 92 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 $43,000 based on 44 salaries. An experienced Personal Banker which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $49,000 based on 16 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 $42,000 based on 13 salaries.

Pay Difference by Location

National Average: $42,498

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

Personal Bankers at Bank of America Corp. (BOFA) will find that San Jose offers an impressive pay rate, one which exceeds the national average by 21 percent. Personal Bankers at Bank of America Corp. (BOFA) will also find cushy salaries in New York (+12 percent). Dallas is home to the smallest salaries in the field, lagging the national average by 12 percent. Two other places where employers offer below-median salaries are Houston (6 percent less) and Miami (5 percent less).

Bank of America Corp. (BOFA) Reviews

Q: What is it like working as a Personal Banker at Bank of America Corp. (BOFA)?

Personal Banker in Fullerton:
"Finance."
Pros: 9-5 job.
Cons: Not enough pay, sales.

Key Stats for Personal Banker

Gender

Female
49 %
Male
51 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 27 votes.
Less than 1 year
7%
1-4 years
51%
5-9 years
32%
10-19 years
8%
20 years or more
2%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Personal Banker Salaries

▲15%

▼0%

National Average
$42,000

Late-Career
▼1%

▼4%

Skills That Affect Personal Banker Salaries

Mortgage Loans
▲14%


Strategic Sales
▲1%


National Average
$42,000



Sales
▼2%

Customer Service
▼2%

Account Management
▼2%

▼3%





Inside Sales
▼9%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 27 votes.

Gender

Female
49 %
Male
51 %

Years of Experience

Less than 1 year
7%
1-4 years
51%
5-9 years
32%
10-19 years
8%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 76%
vision benefits
Vision: 69%
no benefits
None: 11%
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