Potential Variables Affecting A Bank Branch Manager's Salary

A bank branch manager’s salary is determined by many different variables, including experience and length of time on the job. However, there are several other variables that will determine the final amount of money a branch manager makes each month.

Most branch banks exist because they are the face of the commercial bank in the community, and the representative of the commercial bank is the bank manager. The position is critical to the success of the bank, which is why the average salary for a bank manager is between $50,000 and $75,000.

The bank manager's ultimate responsibility is the growth and development of the branch's business, with a strong focus on increasing the customer base and increasing the number of services each customer uses. Because of this, a portion of the bank manager's salary is almost always tied to sales. The bank manager will have goals he or she is required to meet each month for number of new accounts opened, number of customers who established a new loan, and other services. The manager encourages her employees to sell products and services, developing campaigns for driving additional business into the branch, and is rewarded for her efforts with bonuses for meeting and exceeding sales goals.