Entry-Level Relationship Banker Salary

An average Entry-Level Relationship Banker can expect to take home roughly $15.56 per hour. Total cash earnings of Entry-Level Relationship Bankers range from $29K on the low end to $51K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $12K and $6K, respectively. The company is the biggest factor affecting pay for this group, followed by geography. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Job satisfaction is high and work is enjoyable for most Entry-Level Relationship Bankers. Men working as Entry-Level Relationship Bankers who took the survey just slightly outnumber women at 50 percent. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$30,422 - $46,985
$30K
$37K
$47K
MEDIAN: $36,586
10%
50%
90%

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$12.62 - $19.46
$13
$16
$19
MEDIAN: $15.88
10%
50%
90%

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$0$51K
Salary $30,422 - $46,985
Bonus $496.08 - $12,037
Profit Sharing $0.00 - $5,817
Commission $375.00 - $19,518
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).
)
$28,700 - $51,699
  • Country: United States
  • Currency: USD
  • Updated: 13 Nov 2017
  • Individuals Reporting: 308
Hourly Data $0$29
Hourly Rate $12.62 - $19.46
Hourly Tips $0.00
Overtime $18.24 - $29.56
Annual Data $0$51K
Bonus $496.08 - $12,037
Commission $375.00 - $19,518
Profit Sharing $0.00 - $5,817
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).
)
$28,700 - $51,699
  • Country: United States
  • Currency: USD
  • Updated: 13 Nov 2017
  • Individuals Reporting: 331

Relationship Banker Job Listings

Popular Employer Salaries for Relationship Banker


Bank of America Corp. (BOFA), J.P. Morgan Chase & Co. (JPMCC), Chase Bank, M&T Bank Corp, and BB&T Corp. are top-notch employers for Entry-Level Relationship Bankers in this area. Entry-Level Relationship Bankers in search of the best pay head to J.P. Morgan Chase & Co. (JPMCC), where the median salary rolls in at $45K. Although pay is top-notch overall, it does seem to be curbed at $54K, which isn't dramatically higher than the lower-end figure of $32K. Other employers shelling out big bucks include Chase Bank, Capital One Financial Corp, and Wells Fargo Bank, where Entry-Level Relationship Bankers typically earn around $44K, $39K, or $37K, respectively.

Also approaching the lower end are Bank of America Corp. (BOFA), M & T Bank, and M&T Bank Corp, each paying $34K.

Pay Difference by Location

National Average: $37,138

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

For those looking to make money, Entry-Level Relationship Bankers in San Francisco enjoy an exceptional pay rate, 32 percent above the national average. Entry-Level Relationship Bankers can also look forward to large paychecks in cities like New York (+29 percent), Los Angeles (+23 percent), Houston (+15 percent), and Baltimore (+8 percent). The smallest paychecks in the market, 8 percent south of the national average, can be found in Las Vegas. Employers in Phoenix and Rochester also lean toward paying below-median salaries (7 percent lower and 5 percent lower, respectively).

Key Stats for Relationship Banker

Gender

Female
48 %
Male
52 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 94 votes.
Less than 1 year
9%
1-4 years
77%
5-9 years
14%

Skills That Affect Relationship Banker Salaries


National Average
$37,000

▼3%


▼4%

Bilingual
▼4%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 94 votes.

Gender

Female
48 %
Male
52 %

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 78%
vision benefits
Vision: 69%
no benefits
None: 12%