How much does a Group VP Retail Banking make in Elk Mills, MD? The average Group VP Retail Banking salary in Elk Mills, MD is $227,300 as of April 24, 2024, but the range typically falls between $192,500 and $299,700. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Group VP Retail Banking Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Group VP Retail Banking Salary $160,816 Elk Mills,MD April 24, 2024
25th Percentile Group VP Retail Banking Salary $192,500 Elk Mills,MD April 24, 2024
50th Percentile Group VP Retail Banking Salary $227,300 Elk Mills,MD April 24, 2024
75th Percentile Group VP Retail Banking Salary $299,700 Elk Mills,MD April 24, 2024
90th Percentile Group VP Retail Banking Salary $365,616 Elk Mills,MD April 24, 2024
25% $192,500 10% $160,816 90% $365,616 75% $299,700 $227,300 50%(Median) Didn’t find job title? Click
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Job Description

The Group VP Retail Banking establishes the strategy, goals, and performance levels required to meet the organizational objectives. Plans and directs a retail branch network's financial, sales, and service performance. Being a Group VP Retail Banking develops a relationship-building sales culture and standards for exceptional customer service that drives sales with focused coaching, training, and incentives. Uses financial and customer metrics analysis to identify opportunities, understand customer needs, and target the resources needed to achieve goals. In addition, Group VP Retail Banking creates cross-functional collaboration to provide customers seamless support for product and service needs. Leads regional civic activities to promote the visibility and positive presence of the bank. Requires a bachelor's degree. Typically reports to senior management. The Group VP Retail Banking manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Working as a Group VP Retail Banking typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)

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Career Path for this job

  1. Down a level:

    Group Director Retail Banking


    Bachelor's Degree

  2. This Job:

    Group VP Retail Banking


    Bachelor's Degree

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Average Base Salary

Core compensation

 
 
 
192500
299700
227300

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
216600
357900
259500
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Group VP Retail Banking in Elk Mills, MD. The base salary for Group VP Retail Banking ranges from $192,500 to $299,700 with the average base salary of $227,300. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $216,600 to $357,900 with the average total cash compensation of $259,500.
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192500
299700

 

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About Elk Mills, Maryland    Elk Mills is an unincorporated community in Cecil County, Maryland, United States. Elk Mills is located on Maryland Route 277 at the crossing of CSX's....More

Elk Mills, Maryland  area prices were up 1.0% from a year ago    View the Cost of Living in Elk Mills, Maryland

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