Average Relationship Banker Hourly Pay

$17.08
Avg. Hourly RateShow Salary
$3,048
Bonus
$7,600
Commission
$1,004
Profit Sharing
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The average hourly pay for a Relationship Banker is $17.08.
10%
$13.66
MEDIAN
$17.08
90%
$21.38
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United States (change)
Hourly Rate
$14 - $21
Bonus
$510 - $12,292
Profit Sharing
$99 - $5,939
Commission
$1,023 - $19,949
Total Pay
$30,528 - $56,134

Your Market Worth Over Time

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Job Description for Relationship Banker

Relationship Banker Tasks
  • Qualify potential members for membership by opening checking accounts, savings accounts, IRAs, CDs, and processing loan applications.
  • Identify the needs of members by cross-selling and up-selling products and referring them to a personal banker.
  • Authorize, approve, and research transactions; perform overrides, approve check holds, and make check cashing decisions.
  • Process a variety of teller transactions including deposits, withdrawals, payments and transfers.
  • Provide knowledge of products and services to consult with new members to identify products and services that best fit their needs.

Job Satisfaction for Relationship Banker

3.6 out of 5
(326)
Highly Satisfied
15Reviews
The top respondents for the job title Relationship Banker are from the companies Bank of America Corp. (BOFA), Chase Bank and J.P. Morgan Chase & Co. (JPMCC). Reported salaries are highest at Santander where the average pay is $20.84. Other companies that offer high salaries for this role include J.P. Morgan Chase & Co. (JPMCC) and Capital One Financial Corp, earning around $17.60 and $17.41, respectively. BB&T Corp. pays the lowest at around $13.96. M&T Bank Corp and Bank of America Corp. (BOFA) also pay on the lower end of the scale, paying $16.29 and $16.94, respectively.

Relationship Banker Job Listings

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Popular Skills for Relationship Banker

Skills in Banking, Sales and Customer Relationship Management (CRM) are correlated to pay that is above average. Skills that pay less than market rate include Customer Relations and Customer Service.

Pay by Experience Level for Relationship Banker

An entry-level Relationship Banker with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $16.20 based on 129 salaries. An early career Relationship Banker with 1-4 years of experience earns an average total compensation of $16.89 based on 949 salaries. A mid-career Relationship Banker with 5-9 years of experience earns an average total compensation of $17.54 based on 418 salaries. An experienced Relationship Banker with 10-19 years of experience earns an average total compensation of $17.98 based on 302 salaries. In their late career (20 years and higher), employees earn an average total compensation of $21.
Employees with Relationship Banker in their job title in Boston, Massachusetts earn an average of 15.6% more than the national average. These job titles also find higher than average salaries in New York, New York (8.9% more) and Washington, District of Columbia (7.8% more). The lowest salaries can be found in Chicago, Illinois (10.9% less), Dallas, Texas (6.6% less) and Houston, Texas (1.9% less).

Years of Experience

This data is based on 1,909 survey responses.
Entry Level
6.8%
Early Career
49.7%
Mid Career
21.9%
Experienced
15.8%
Late Career
5.8%