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How much does a Group Manager I Retail Banking make in Connecticut? The average Group Manager I Retail Banking salary in Connecticut is $125,560 as of March 26, 2024, but the range typically falls between $109,370 and $147,410. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Group Manager I Retail Banking Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Group Manager I Retail Banking Salary $94,630 CT March 26, 2024
25th Percentile Group Manager I Retail Banking Salary $109,370 CT March 26, 2024
50th Percentile Group Manager I Retail Banking Salary $125,560 CT March 26, 2024
75th Percentile Group Manager I Retail Banking Salary $147,410 CT March 26, 2024
90th Percentile Group Manager I Retail Banking Salary $167,303 CT March 26, 2024
25% $109,370 10% $94,630 90% $167,303 75% $147,410 $125,560 50%(Median) Didn’t find job title? Click
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Job Description

The Group Manager I Retail Banking establishes the strategy, specific goals, and performance levels required for each branch to meet the organizational objectives for the region. Manages the financial and service performance of a defined group of retail branches in a geographic area. Being a Group Manager I Retail Banking leads business development and promotional activities in the area and coaches branch managers in tactics to build customer relationships, increase sales, and enhance the bank's presence in the community. Monitors and analyzes financial and customer activity to understand needs, identify issues, and provide the tools and resources needed to achieve goals. In addition, Group Manager I Retail Banking typically requires a bachelor's degree. Typically reports to a director. The Group Manager I Retail Banking manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Working as a Group Manager I Retail Banking typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)

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Job Openings for Group Manager I Retail Banking in Connecticut

Career Path for this job

  1. This Job:

    Group Manager I Retail Banking

    5 + years experience
    Bachelor's Degree

  2. Up a level:

    Group Director Retail Banking


    Bachelor's Degree

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Select a city to view specific salary and bonus information for Group Manager I Retail Banking

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Location Avg. Salary Date Updated
Location New London, CT Avg. Salary $124,617 Date Updated March 26, 2024
Location Norwich, CT Avg. Salary $124,851 Date Updated March 26, 2024
Location West Haven, CT Avg. Salary $126,137 Date Updated March 26, 2024
Location Abington, CT Avg. Salary $123,448 Date Updated March 26, 2024
Location Amston, CT Avg. Salary $124,968 Date Updated March 26, 2024
Location Andover, CT Avg. Salary $125,436 Date Updated March 26, 2024
Location Ansonia, CT Avg. Salary $126,137 Date Updated March 26, 2024
Location Ashford, CT Avg. Salary $123,448 Date Updated March 26, 2024
Location Avon, CT Avg. Salary $125,670 Date Updated March 26, 2024
Location Ballouville, CT Avg. Salary $123,331 Date Updated March 26, 2024