How much does a Retail Banking Executive make in Springfield, IL? The average Retail Banking Executive salary in Springfield, IL is $320,290 as of March 26, 2024, but the range typically falls between $264,690 and $404,590. 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.

Retail Banking Executive Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Retail Banking Executive Salary $214,069 Springfield,IL March 26, 2024
25th Percentile Retail Banking Executive Salary $264,690 Springfield,IL March 26, 2024
50th Percentile Retail Banking Executive Salary $320,290 Springfield,IL March 26, 2024
75th Percentile Retail Banking Executive Salary $404,590 Springfield,IL March 26, 2024
90th Percentile Retail Banking Executive Salary $481,341 Springfield,IL March 26, 2024
25% $264,690 10% $214,069 90% $481,341 75% $404,590 $320,290 50%(Median) Didn’t find job title? Click
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Job Description

The Retail Banking Executive develops branch financial and service delivery performance goals and objectives and monitors results. Leads and directs all retail banking functions. Being a Retail Banking Executive guides product development and implementation to provide profitable and competitive service offerings. Oversees branch administration and operations and establishes policies and procedures that drive efficient operations and regulatory compliance. In addition, Retail Banking Executive develops branch staff and management. May require an advanced degree. Typically reports to top management. The Retail Banking Executive manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head. (Copyright 2024 Salary.com)

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Job Openings for Retail Banking Executive in Springfield, IL

Career Path for this job

  1. Down a level:

    Head of Branch Administration


    Bachelor's Degree

  2. This Job:

    Retail Banking Executive


    JD, MD, PhD or Equivalent

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Average Base Salary

Core compensation

 
 
 
264690
404590
320290

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
314990
614490
428390
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Retail Banking Executive in Springfield, IL. The base salary for Retail Banking Executive ranges from $264,690 to $404,590 with the average base salary of $320,290. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $314,990 to $614,490 with the average total cash compensation of $428,390.
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264690
404590

 

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About Springfield, Illinois    Springfield is the capital of the U.S. state of Illinois and the county seat of Sangamon County. The city's population of 116,250 as of the 2010 U.S. ....More

Springfield, Illinois  area prices were up 1.3% from a year ago    View the Cost of Living in Springfield, Illinois

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