Branch Manager, Retail Salary at Forbright Bank BETA

How much does a Forbright Bank Branch Manager, Retail make?

As of December 2024, the average annual salary for a Branch Manager, Retail at Forbright Bank is $61,117, which translates to approximately $29 per hour. Salaries for Branch Manager, Retail at Forbright Bank typically range from $55,103 to $68,616, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Forbright Bank Overview

Website:
forbrightbank.com
Size:
25 - 50 Employees
Revenue:
$10M - $50M
Industry:
Financial Services

Forbright Bank (www.forbrightbank.com) is a full-service bank, commercial lender, and asset manager committed to accelerating the transition to a sustainable, clean energy economy. As the need to build a more sustainable, low-carbon economic system grows increasingly urgent, we are dedicating half of our assets to financing the companies, investors, and innovators driving that change. We also will empower our depositors to directly fund clean energy and sustainability-oriented loans through a variety of decarbonization linked deposit products, allowing them to play a critical role in furthering the energy transition.Member FDIC |Equal Housing Lender | NMLS #652644

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What Skills Does a person Need at Forbright Bank?

At Forbright Bank, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  2. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  3. Coaching: Coaching is a form of development in which an experienced person, called a coach, supports a learner or client in achieving a specific personal or professional goal by providing training and guidance.
  4. Branch Operations: Branch operations means any business operations of a branch captive insurance company in this State.
  5. Business Development: Business development entails tasks and processes to develop and implement growth opportunities within and between organizations. It is a subset of the fields of business, commerce and organizational theory. Business development is the creation of long-term value for an organization from customers, markets, and relationships. Business development can be taken to mean any activity by either a small or large organization, non-profit or for-profit enterprise which serves the purpose of ‘developing’ the business in some way. In addition, business development activities can be done internally or externally by a business development consultant. External business development can be facilitated through Planning Systems, which are put in place by governments to help small businesses. In addition, reputation building has also proven to help facilitate business development.

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Check more jobs information at Forbright Bank

Job Title Average Forbright Bank Salary Hourly Rate
2 Account Manager $77,212 $37
3 Assistant Vice President $61,260 $29
4 Bank Teller $34,702 $17
5 BSA and AML Analyst $99,444 $48
6 Commercial Loan Officer $69,080 $33
7 Community Manager $109,017 $52
8 Credit Analyst $65,410 $31
9 HR Executive $73,074 $35
10 Junior Systems Administrator $85,734 $41
11 Loan Administrator $40,323 $19
12 Loan Servicer $40,689 $20

Hourly Pay at Forbright Bank

The average hourly pay at Forbright Bank for a Branch Manager, Retail is $29 per hour. The location, department, and job description all have an impact on the typical compensation for Forbright Bank positions. The pay range and total remuneration for the job title are shown in the table below. Forbright Bank may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $61,117 look to you?

FAQ about Salary and Jobs at Forbright Bank

1. How much does Forbright Bank pay per hour?
The average hourly pay is $29. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Forbright Bank?
According to the data, the highest approximate salary is about $68,616 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Forbright Bank?
According to the data, the lowest estimated salary is about $55,103 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.