How Much Does a Bank Manager Make Per Hour in the US

The salary of a bank manager in the US can vary greatly depending on factors such as location, experience, and bank size. According to data from the Bureau of Labor Statistics, the median annual salary for bank managers is around $142,000.

In terms of hourly wage, this translates to approximately $68.46 per hour, assuming a standard 40-hour workweek. This is a significant increase from entry-level positions, which can start as low as $25,000 per year.

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A bank manager's salary can vary greatly depending on their experience and location. The average bank manager salary in the United States is $96,910, with salaries ranging between $65,000 and $142,000 yearly.

Bank managers earn an average hourly rate of $46.59 per hour, which can be affected by factors such as location, education, and experience. California tends to have the highest average salary for bank managers.

The salary range for bank managers is quite broad, from $65,000 at the 10th percentile to $142,000 at the 90th percentile. This means that the top 10% of bank managers can earn significantly more than the average.

Here's a breakdown of average salaries for bank managers at different experience levels:

These figures give you a general idea of what to expect in terms of salary for bank managers at different stages of their careers.

As we explore the factors affecting a bank branch manager's salary, it's clear that experience level plays a significant role.

Salary increases with experience, with the highest salary at the Expert Level Bank Branch Manager I, reaching $68,795.

The salary difference between levels is notable, with the Specialist Level Bank Branch Manager I earning $68,352, a substantial jump from the Intermediate Level Bank Branch Manager I's $62,802.

Here's a breakdown of the salary ranges for different experience levels:

The salary increase is not the only factor at play, as the percentage of salary increase also varies with experience level.

If you're considering a career as an assistant branch manager, it's worth noting that salaries can vary significantly depending on where you live.

The average assistant branch manager salary in New Jersey is particularly high.

In contrast, Idaho, Nebraska, and Georgia have the lowest average assistant branch manager salaries.

If you're a bank manager looking to maximize your salary, you'll want to consider the highest paying states. New York takes the top spot with an average salary of $120,519.

The top five highest paying states for bank managers are New York, California, Washington, New Jersey, and Delaware. These states offer significantly higher average salaries compared to the rest of the country.

Bank managers in New York can expect to earn an average of $57.94 per hour, while those in California earn an average of $60.78 per hour.

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The average assistant branch manager salary varies significantly across the US, with some states offering much higher pay than others.

New Jersey, Connecticut, and California have the highest average assistant branch manager salaries in the country.

Idaho, Nebraska, and Georgia have the lowest average assistant branch manager salaries among all states.

A bank manager's salary can vary greatly depending on factors such as location and experience. The salary range for a bank manager is from $65,000 a year to $142,000 a year.

According to the data, a bank manager's hourly wage can range from $28 to $36 per hour. This is based on the 25th and 75th percentiles, respectively. The average hourly wage for a bank manager is $32 per hour.

Here are some average salary ranges for bank managers in different cities or states, compared to the national average.

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As you're considering a career as a bank manager, it's natural to wonder how salaries have changed over time. Bank manager salaries have increased significantly, with the average salary now exceeding $57,000.

One of the most notable trends is the rise of assistant branch manager salaries, which have become highly competitive. According to our most recent salary estimates, companies like Centennial Bank and FNB pay assistant branch managers the most.

The average salary for assistant branch managers at these top-paying companies is around $57,000, with hourly rates ranging from $27.50 to $27.54. This is significantly higher than the national average.

To give you a better idea of the salary trend, here are the top 5 companies with the highest average salaries for assistant branch managers:

Keep in mind that these figures are averages and can vary depending on factors like location and experience. However, they do give you a general idea of the salary trend over time.

As you can see, bank manager salaries have increased significantly over the years, with assistant branch managers being some of the highest-paid professionals in the industry.

A salary is the amount of money an employee earns in a year, usually paid by their employer. It's a crucial aspect of a person's financial life.

The salary of a bank manager can vary greatly depending on their level of experience and performance. For instance, the 90th percentile of bank managers earn an annual salary of $142,000.

The monthly salary of a bank manager can be calculated by dividing their annual salary by 12. So, if we take the 90th percentile salary of $142,000, the monthly salary would be approximately $11,833.

A bank manager's hourly rate can be calculated by dividing their annual salary by the number of hours they work in a year. Assuming a standard full-time schedule of 2,080 hours per year, the 90th percentile bank manager's hourly rate would be around $68.

Here's a breakdown of the average salaries of bank managers at different percentiles:

As you can see, the salaries of bank managers vary significantly, with the highest earners making over $142,000 per year.

Bank branch managers can make an average annual salary of $134,330, or $65 per hour.

This is based on the latest jobs data nationwide, which shows that bank branch managers can earn a wide range of hourly wages depending on their location and level of experience.

To give you a better idea of the hourly wage ranges, here are some specific figures:

It's worth noting that these figures can vary depending on the industry and location, but they give you a general idea of what to expect.

Here are some industry-specific hourly wage ranges for bank branch managers:

Keep in mind that these figures are just a snapshot of the current job market, and wages can fluctuate over time.

A bank manager's role is multifaceted, involving overseeing the operations of a branch office. They are responsible for managing resources and staff, developing and attaining sales goals, delivering customer service, and growing the location's revenues.

A key aspect of a bank manager's job is managing other employees who work in their branches. They oversee the performance of these employees and ensure the branch meets its goals and objectives in a timely manner.

Employers typically seek bank managers with experience, proven success, and leadership skills. A bachelor's degree in finance, accounting, or a related field is also common for this role.

A manager role is a leadership position responsible for overseeing the operations of a specific branch office. This includes managing resources and staff, developing and attaining sales goals, delivering customer service, and growing the location's revenues.

Branch managers are typically responsible for hiring employees and overseeing the approval of loans and lines of credit (LOCs). They also assist with customer relations and ensure that the branch meets its goals and objectives in a timely manner.

In a bank setting, a manager role is crucial for building a rapport with the community to attract business. This involves marketing and community outreach efforts to establish the branch as a trusted and reliable financial institution.

Employers seek managers with experience, proven success, and leadership skills. Typically, branch managers have undergraduate degrees in finance, accounting, or related fields of study.

A key aspect of a manager role is overseeing the performance of other employees who work in their branches. This includes monitoring their progress, providing guidance and support, and addressing any issues that may arise.

Here are some key responsibilities of a manager role:

To become a bank branch manager, you'll need a strong educational foundation in finance or business, such as a degree in accounting, finance, or business administration. This education will give you a solid understanding of the complex banking industry.

A bachelor's degree is a good starting point, but some people may need to pursue a master's degree in business administration, finance, or economics to qualify for open roles. This additional education can take two years to complete.

To gain the necessary experience, you'll need to work in the banking industry for many years, typically starting as a teller and working your way up to loan officer and underwriter positions. This hands-on experience will help you become familiar with the regulations of the industry.

Bank branch managers also need management experience, which can be gained by taking on roles that involve managing employees. This experience will be crucial when applying for bank branch manager positions.

A bank manager's salary can vary greatly, ranging from $65,000 a year at the 10th percentile to $142,000 at the 90th percentile.

The average assistant branch manager salary in the United States is significantly lower, coming in at $49,913.

Assistant branch manager salaries typically range between $35,000 and $70,000 yearly, with the average hourly rate being $24.0 per hour.

Assistant branch managers can earn more or less depending on their location, education, and experience.

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