What Is the Average Salary of Bank Manager?


Quick Answer

The average base salary of an American bank manager is approximately $52,358 a year as of 2014, according to Glass Door. This figure varies depending on the bank's size and location as well as the candidate's years of experience and level of education.

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Full Answer

Bank managers typically also enjoy health insurance, paid vacation and time off. Their job description includes managing loans and deposits of up to $25 million, ensuring high-quality customer satisfaction, reporting a strong financial performance of the branch, ensuring the branch follows the parent bank's policies and developing relationships with important customers. Bank managers typically report directly to the regional manager.

Ideally, a bachelor's degree with two to four years of experience working in banks or any financial field are the minimum qualifications of any bank manager. Experience and good judgement are prerequisites of this position.

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