Branch Manager Salary at Newbank BETA

How much does a Newbank Branch Manager make?

As of March 2025, the average annual salary for a Branch Manager at Newbank is $73,437, which translates to approximately $35 per hour. Salaries for Branch Manager at Newbank typically range from $66,817 to $80,106, 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.

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

You have a vision for your business. We have a solution for your needs. NewBank is a state chartered commercial bank founded in Sep. 29, 2006 by a group of successful Korean-American local businessmen, community leaders and professionals. The bank currently operates five (5) full services retail branch locations, two (2) in New York and three (3) in New Jersey. Our business objective has been mainly focused on supporting small business owners by providing optimal financial solutions through understanding their needs. As a result, we were able to grow, and continue to grow, in part because of the trust that our local community business owners have placed on us. NewBank, an independent community bank, is dedicated to providing products and services, which satisfy the needs of our customers, stimulating economic growth in our community, enhancing the shareholders value, and encouraging professional success for our employees. NewBanks mission is to be the leading local bank for small businesses and to achieve the reputation of providing the highest quality of financial solutions to our customers, so we can grow and achieve success together. We take pride in our efforts to connect with the community under our core values of satisfaction, trust, community service and change. We find it very important to communicate with the locals and to be of service to those in need. We support and volunteer in many community events as part of our Community Giving Back program. We are a proud winner of the SBA Pinnacle Award, the highest award issued by the U.S. Small Business Administration, in New York the past six consecutive years for offering a beneficial selection of loan options to suit business needs. As a top SBA lender in New York, we are focused on providing the best financial support to local small businesses. Come be a part of the NewBank family and let us help you succeed.

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What Skills Does a person Need at Newbank?

At Newbank, 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. Products and Services: Knowledge of the full array of our organization's products and services including those that are created for internal customers; insight into the differentiating factors that distinguish them from those of competitors.
  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 Newbank

Job Title Average Newbank Salary Hourly Rate
2 Chief Information Security Officer $240,591 $116
3 President & Chief Executive Officer $833,736 $401
4 Executive Vice President $317,252 $153
5 Manager, Operations $114,730 $55
6 Loan Officer $64,449 $31
7 Senior Vice President $213,370 $103
8 Assistant Vice President $63,255 $30
9 IT Administrator $141,925 $68
10 Loan Assistant $53,270 $26
11 Services Professional $37,946 $18
12 Teller $35,832 $17

Hourly Pay at Newbank

The average hourly pay at Newbank for a Branch Manager is $35 per hour. The location, department, and job description all have an impact on the typical compensation for Newbank positions. The pay range and total remuneration for the job title are shown in the table below. Newbank may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $73,437 look to you?

FAQ about Salary and Jobs at Newbank

1. How much does Newbank pay per hour?
The average hourly pay is $35. 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 Newbank?
According to the data, the highest approximate salary is about $80,106 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 Newbank?
According to the data, the lowest estimated salary is about $66,817 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.