How much does a Branch Manager make in Minnesota? The average Branch Manager salary in Minnesota is $75,906 as of February 26, 2024, but the range typically falls between $68,409 and $84,450. 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.

Branch Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Branch Manager Salary $61,584 MN February 26, 2024
25th Percentile Branch Manager Salary $68,409 MN February 26, 2024
50th Percentile Branch Manager Salary $75,906 MN February 26, 2024
75th Percentile Branch Manager Salary $84,450 MN February 26, 2024
90th Percentile Branch Manager Salary $92,228 MN February 26, 2024
25% $68,409 10% $61,584 90% $92,228 75% $84,450 $75,906 50%(Median) Didn’t find job title? Click
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Branch Manager

Heritage Pool Supply Group - Alpharetta, GA

B093 - Branch Manager

MYGRANT GLASS COMPANY INC - Englewood, CO

Branch Manager

LABOR FINDERS INTERNATIONAL INC - Fresno, CA

DS Branch Manager

United Merchant Services - Los Angeles, CA

What skills does a Branch Manager need?

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.

Consumer Loans: a consumer loan is any type of loan made to a consumer by a creditor. The loan can be secured (backed by the assets of the borrower) or unsecured (not backed by the assets of the borrower).

3.

Customer Relationship: Customer relations is the company-wide process of nurturing positive relationships with your customers . It helps you connect with your customers on a much more personal level and create a sense of mutual understanding with them.

Leadership 11.24%
Consumer Loans 1.05%
Customer Relationship 1.42%
Others 86.29%

Job Description for Branch Manager

Branch Manager manages a retail banking branch office that develops and grows customer relationships, promotes products and services, and delivers efficient operations. Oversees daily branch opening, closing, customer service, transaction processing, and reconciliation tasks and activities. Being a Branch Manager schedules, manages, and trains branch staff to maintain the required service coverage. Ensures staff understands and follows all company policies and procedures to maintain required security, operational, and service quality standards. Additionally, Branch Manager is accountable for financial, operational, and customer satisfaction goals for the branch. Resolves escalated customer or operations issues. Coordinates with other bank teams to promote products and represent the bank in the community. May require a bachelor's degree. Typically reports to a group or regional Branch Manager. The Branch Manager 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. To be a Branch Manager 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)... View full job description

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Job Openings for Branch Manager in Minnesota

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Location Avg. Salary Date Updated
Location Lakeville, MN Avg. Salary $78,424 Date Updated February 26, 2024
Location Minnetonka, MN Avg. Salary $78,913 Date Updated February 26, 2024
Location Ada, MN Avg. Salary $68,380 Date Updated February 26, 2024
Location Adams, MN Avg. Salary $73,587 Date Updated February 26, 2024
Location Adolph, MN Avg. Salary $70,921 Date Updated February 26, 2024
Location Adrian, MN Avg. Salary $65,381 Date Updated February 26, 2024
Location Afton, MN Avg. Salary $78,335 Date Updated February 26, 2024
Location Ah Gwah Ching, MN Avg. Salary $69,669 Date Updated February 26, 2024
Location Aitkin, MN Avg. Salary $70,314 Date Updated February 26, 2024
Location Akeley, MN Avg. Salary $69,377 Date Updated February 26, 2024

Career Path for Branch Manager

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Branch Manager, the first career path typically starts with a Branch Manager, Sr. position, and then progresses to Regional Retail Banking President.

Additionally, the second career path typically starts with a Group Branch Director position, and then progresses to Group Branch Vice President.

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Jobs with a similar salary range to Branch Manager : Branch Relationship Banker, Forensic Director, Regional Branch Manager

Branch Manager Salary in Minnesota
Branch Manager Salary Graph, Regional Distribution and Summary