
The average bank officer salary in the US is around $63,000 per year, according to data from the Bureau of Labor Statistics. This figure can vary depending on factors such as location, industry, and level of experience.
In the US, bank officers can earn salaries ranging from $45,000 to over $100,000 per year. The top 10% of bank officers earn significantly more, with salaries exceeding $140,000 annually.
Bank officers in the US often work long hours, especially during peak seasons, and may be required to work on weekends and holidays. This can impact their work-life balance and overall job satisfaction.
Recommended read: Synchrony Bank Work from Home
Bank Officer Salary
Bank officers in the United States earn an average salary of $79,562 per year, with hourly rates reaching up to $38.25 per hour.
The salary range for bank officers varies widely, from $57,000 to $110,000 per year, depending on factors such as location, education, and experience.
Bank officers in Maine earn the highest average salary, but specific figures are not provided in the data.
You might enjoy: Chase Loan Officers Salary
Here's a breakdown of average salaries for bank officers in different locations:
Business banking officers, on the other hand, have average salaries ranging from $60,000 to $91,828 per year, depending on the location and company.
Here are some specific job titles and their corresponding average salaries:
Highest Paying Locations
If you're looking to become a bank officer, it's worth considering the highest paying locations. The top spot goes to Maine, with an average salary of $96,953.
Maine is followed closely by South Dakota, with an average salary of $92,003. Vermont and Rhode Island also make the top 5, with average salaries of $88,445 and $87,776 respectively.
Here are the top 5 highest paying states for bank officers:
Bangor, Maine, also stands out as one of the highest paying cities for bank officers, with an average salary of $96,050.
Highest Paying States
If you're a bank officer looking to maximize your earnings, you'll want to consider moving to Maine, where you can earn an average salary of $96,953.
Maine takes the top spot, followed closely by South Dakota, where bank officers can earn an average salary of $92,003.
Bank officers in Vermont come in third, with an average salary of $88,445.
Rhode Island and Minnesota round out the top five, with average salaries of $87,776 and $84,985, respectively.
Here's a list of the top 5 highest paying states for bank officers:
These states offer some of the highest average salaries for bank officers in the country.
Where to Earn More
If you're looking to earn more as a bank officer, you'll want to consider working in Bangor, ME, where the average salary is $96,050. This city takes the top spot as the highest-paying location for bank officers.
Bangor, ME, is followed closely by Bellevue, WA, and Jersey City, NJ, which also offer high salaries for bank officers. In fact, Bellevue, WA, has an average salary of $93,807, while Jersey City, NJ, has an average salary of $90,458.
If you're interested in working as a business banking officer, you'll want to consider cities like New York, NY, and Boston, MA. According to our data, New York, NY, has an average salary of $98,443, making it one of the highest-paying cities for business banking officers.
Here are the top 5 cities for business banking officers:
If you're looking for a specific type of job, you may want to consider working as a credit officer, senior credit analyst, or commercial loan officer. These jobs are among the highest paying for bank officers, with average salaries ranging from $69,706 to $61,751.
Finally, if you're looking for a company that pays bank officers well, you may want to consider working for Federal Reserve Bank or State Street. These companies offer average salaries of $88,216 and $88,168, respectively, making them among the highest paying in the industry.
On a similar theme: Bank Chief Credit Officer Salary
Indianapolis, IN
Indianapolis, IN is a great place to live and work, with a median salary of $54,419. The city is home to a thriving healthcare industry, with a high concentration of hospitals and medical research facilities.

Indianapolis is also a hub for the life sciences industry, with companies like Eli Lilly and Co. driving innovation and growth. Many residents work in this field, taking advantage of the high-paying job opportunities available.
The city's strong economy and low cost of living make it an attractive place to start a career or raise a family. With a median home price of $143,000, residents can enjoy a comfortable lifestyle without breaking the bank.
Indianapolis is also home to a number of top-ranked universities, including Indiana University-Purdue University Indianapolis and Butler University. These institutions provide residents with access to world-class education and research opportunities.
A unique perspective: Home Banking
Sources
- https://www.zippia.com/salaries/bank-officer/
- https://www.zippia.com/salaries/business-banking-officer/
- https://www.salary.com/research/salary/posting/bank-officer-salary
- https://www.salary.com/research/salary/posting/bank-officer-salary/indianapolis-in
- https://kgi.co.in/bob-bank-of-baroda-so-salary-structure-and-perks-higer-than-sbi-po/
Featured Images: pexels.com