Bank Branch Managers


Overview

Introduction

Bank branch managers oversee bank branches, their various departments (e.g., customer service, loans, accounting), and their employees. In most small or medium-size commercial banks, branch managers often have a responsibility for selling the bank’s financial products. Branch managers are also known as bank branch supervisors.

Quick Facts


More

Median Salary

$64,348

More

Employment Prospects

Fair

More

Minimum Education Level

Bachelors Degree


More

Experience

Three to five years in lower-level management positions


More

Skills

Business Management|Financial|Leadership


More

Personality Traits

Enterprising|Organized|Realistic

Earnings

Banking branch managers earned median annual salaries of $64,348 in 2024, according to PayScale.com, with most salaries ranging from $47,000 to $84,000.

Some branch managers receive bonuses and commissions that are based on their sales referrals, the branch’s growth, customer satisfaction, and other factors. PayScale.com reports that branch managers earned bonuses that ranged from $1,000...

Work Environment

Financial managers may work more than 40 hours a week, according to the U.S. Department of Labor. Branch managers must be on-site whenever banks are open (during regular business hours Monday through Friday, as well as on Saturdays). They frequently attend community events at night and on weekends to help promote their bank’s services. Branch managers who supervise multiple bank branches travel...

Outlook

Employment for branch managers should only be fair in coming years. The popularity of mobile and online banking has reduced the types of transactions formerly handled by bank branches and live tellers. For example, more consumers were using mobile phones to photograph and deposit paper checks instead of visiting their local branch. Additionally, video kiosks and enhanced ATMs capable of issuing...