Branch Manager Salary at Putnam Bank BETA

How much does a Putnam Bank Branch Manager make?

As of December 2024, the average annual salary for a Branch Manager at Putnam Bank is $69,172, which translates to approximately $33 per hour. Salaries for Branch Manager at Putnam Bank typically range from $62,909 to $75,513, 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.

Putnam Bank Overview

Website:
putnambank.com
Size:
50 - 100 Employees
Revenue:
$10M - $50M
Industry:
Financial Services

PB Bancorp, Inc. operates as the holding company of Putnam Bank that provides various banking products and services to individuals and small business customers primarily in Connecticut. It offers a range of deposits, including checking, savings, and money market deposit accounts, as well as negotiable order of withdrawal accounts and fixed-term certificates of deposit. The companys loan portfolio comprises residential real estate loans, including one-to four-family mortgage loans, residential construction loans, second mortgage loans, and home equity lines of credit; commercial real estate loans comprising multi-family real estate loans; commercial loans, such as term loans and revolving lines of credit; and consumer and other loans, such as loans on new and used automobiles, loans secured by deposit accounts, and unsecured personal loans. In addition, it invests in securities. As of July 7, 2016, PB Bancorp, Inc. operated through its eight full-service offices and a full-service loan center in Putnam, Connecticut. The company was founded in 1862 and is headquartered in Putnam,...

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What Skills Does a person Need at Putnam Bank?

At Putnam 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. 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 Putnam Bank

Job Title Average Putnam Bank Salary Hourly Rate
2 Assistant Branch Manager $50,176 $24
3 Director, Information Technology $189,699 $91
4 Head Teller $38,486 $19
5 Floating Teller $33,751 $16
6 Loan Originator $41,121 $20
7 Teller $33,751 $16

Hourly Pay at Putnam Bank

The average hourly pay at Putnam Bank for a Branch Manager is $33 per hour. The location, department, and job description all have an impact on the typical compensation for Putnam Bank positions. The pay range and total remuneration for the job title are shown in the table below. Putnam Bank may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $69,172 look to you?

FAQ about Salary and Jobs at Putnam Bank

1. How much does Putnam Bank pay per hour?
The average hourly pay is $33. 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 Putnam Bank?
According to the data, the highest approximate salary is about $75,513 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 Putnam Bank?
According to the data, the lowest estimated salary is about $62,909 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.