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
Median Salary
Employment Prospects
Minimum Education Level
Experience
Skills
Personality Traits
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...