Key Factors That Influence Banking Officer Salaries
A Banking Officer's salary isn't a fixed number. It's shaped by several important factors.
Below, we'll explore how your years of experience, geographic location, skills
and company size
can directly affect your earning potential.
How Experience Level Affects Banking Officer Salaries?
Experience is a primary driver of a Banking Officer's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
Salaries can also vary between different cities.
Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay.
Here are a few examples of average annual salaries in different U.S. cities:
San Jose: $97,269
San Francisco: $96,204
Oakland: $94,177
San Jose, CA$97,269
San Francisco, CA$96,204
Oakland, CA$94,177
New York, NY$88,793
Paramus, NJ$87,714
Queens Village, NY$87,710
Passaic, NJ$87,636
Bergenfield, NJ$87,630
Stamford, CT$87,460
Huntington, NY$87,428
Newark, NJ$86,858
Bridgeport, CT$86,696
Vallejo, CA$86,542
New Brunswick, NJ$86,511
Petaluma, CA$86,465
Middlesex, NJ$86,319
Somerset, NJ$86,265
Santa Cruz, CA$86,164
Boston, MA$85,694
Monterey, CA$85,423
Seattle, WA$85,247
Santa Rosa, CA$85,231
Los Angeles, CA$85,208
Juneau, AK$85,008
Washington, DC$84,923
Orange, CA$84,648
Santa Ana, CA$84,445
Long Beach, CA$84,367
Anaheim, CA$84,352
Anchorage, AK$84,313
Santa Maria, CA$84,082
Everett, WA$84,067
Danbury, CT$83,795
Bremerton, WA$83,689
Tacoma, WA$83,411
New Suffolk, NY$83,410
Sacramento, CA$83,388
Santa Barbara, CA$83,303
Trenton, NJ$83,218
San Diego, CA$83,218
Brockton, MA$83,134
Fairbanks, AK$82,945
Lompoc, CA$82,748
Lowell, MA$82,685
Ventura, CA$82,671
Nashua, NH$82,655
Stockton, CA$82,648
Modesto, CA$82,085
Poughkeepsie, NY$81,915
Olympia, WA$81,769
Kennewick, WA$81,769
New Haven, CT$81,738
Lawrence, MA$81,460
Hartford, CT$81,383
Riverside, CA$81,368
New Bedford, MA$81,290
Richland, WA$81,290
Bakersfield, CA$81,182
San Bernardino, CA$81,152
New Britain, CT$81,144
Atlantic City, NJ$81,144
New London, CT$81,113
Norwich, CT$81,090
Portsmouth, NH$81,074
Boulder, CO$80,911
Portland, OR$80,805
Worcester, MA$80,797
Minneapolis, MN$80,558
Philadelphia, PA$80,450
Honolulu, HI$80,195
Saint Paul, MN$80,158
Vineland, NJ$80,141
Providence, RI$79,918
Chicago, IL$79,694
Bellingham, WA$79,602
Springfield, MA$79,540
Baltimore, MD$79,517
Chico, CA$79,324
Pittsfield, MA$79,116
Manchester, NH$78,969
Spokane, WA$78,630
Denver, CO$78,622
Albany, NY$78,260
Troy, NY$78,229
Nassau, NY$78,146
Schenectady, NY$78,067
Wilmington, DE$78,005
Burlington, VT$77,897
Salem, OR$77,866
Portland, ME$77,627
Yakima, WA$77,550
Rochester, MN$77,311
Reno, NV$77,273
Fresno, CA$77,273
Milwaukee, WI$77,203
Detroit, MI$77,126
Ann Arbor, MI$77,113
Allentown, PA$77,103
Colorado Springs, CO$76,972
Syracuse, NY$76,933
Carson City, NV$76,933
Houston, TX$76,825
Eugene, OR$76,787
Gary, IN$76,694
Springfield, OR$76,632
Bismarck, ND$76,617
Galveston, TX$76,563
Medford, OR$76,447
Fort Collins, CO$76,417
Concord, NH$76,378
Austin, TX$76,355
Mesa, AZ$76,193
Reading, PA$76,185
Phoenix, AZ$76,177
Dallas, TX$76,154
Saint Cloud, MN$76,080
Madison, WI$75,977
Utica, NY$75,769
Rochester, NY$75,645
Des Moines, IA$75,638
Raleigh, NC$75,630
Atlanta, GA$75,514
Battle Creek, MI$75,491
Salt Lake City, UT$75,468
Lancaster, PA$75,352
Harrisburg, PA$75,244
Kansas City, MO$75,167
Champaign, IL$75,152
Kansas City, KS$75,152
Fort Worth, TX$75,144
Columbus, OH$75,131
Boca Raton, FL$75,113
Pittsburgh, PA$75,082
Richmond, VA$75,052
Indianapolis, IN$75,036
Cleveland, OH$75,028
Las Vegas, NV$74,936
Cincinnati, OH$74,936
Petersburg, VA$74,820
Huntsville, AL$74,704
Lansing, MI$74,653
Lebanon, PA$74,643
Pueblo, CO$74,635
Appleton, WI$74,612
Buffalo, NY$74,581
Dayton, OH$74,558
Racine, WI$74,543
Charlotte, NC$74,535
Saint Louis, MO$74,512
York, PA$74,465
Elkhart, IN$74,465
Gastonia, NC$74,451
Billings, MT$74,432
Beaumont, TX$74,411
Lorain, OH$74,396
Benton Harbor, MI$74,381
Toledo, OH$74,365
Binghamton, NY$74,327
Rock Hill, SC$74,319
Rockford, IL$74,280
Springfield, IL$74,249
Elyria, OH$74,242
Fargo, ND$74,242
Flagstaff, AZ$74,188
Fort Lauderdale, FL$74,142
Duluth, MN$74,095
Miami, FL$74,095
Cheyenne, WY$74,041
Grand Forks, ND$74,041
Bangor, ME$73,872
Cedar Rapids, IA$73,787
Durham, NC$73,754
Louisville, KY$73,748
Grand Rapids, MI$73,733
Hialeah, FL$73,725
Casper, WY$73,617
Scranton, PA$73,525
New Orleans, LA$73,501
Virginia Beach, VA$73,494
Akron, OH$73,455
Peoria, IL$73,355
Sarasota, FL$73,340
Nashville, TN$73,286
Omaha, NE$73,286
Green Bay, WI$73,286
Baton Rouge, LA$73,247
Charleston, SC$73,232
Jamestown, NY$73,193
Davenport, IA$73,193
Tucson, AZ$73,154
Saint Petersburg, FL$73,108
Tampa, FL$73,093
Evansville, IN$73,046
Port Arthur, TX$73,046
Bradenton, FL$73,016
Santa Fe, NM$72,877
Orlando, FL$72,738
Clearwater, FL$72,715
Canton, OH$72,553
La Crosse, WI$72,553
Albuquerque, NM$72,507
Newport News, VA$72,499
High Point, NC$72,476
Ogden, UT$72,445
Corpus Christi, TX$72,383
Norfolk, VA$72,337
Laramie, WY$72,337
Rock Island, IL$72,291
Saginaw, MI$72,275
Jacksonville, FL$72,268
Salisbury, NC$72,252
Boise, ID$72,237
Moline, IL$72,198
Fort Myers, FL$72,175
Memphis, TN$72,160
Tulsa, OK$72,121
Waterloo, IA$72,075
Spartanburg, SC$71,998
Lincoln, NE$71,959
Fort Wayne, IN$71,944
Provo, UT$71,936
Cedar Falls, IA$71,843
San Antonio, TX$71,813
Greensboro, NC$71,782
South Bend, IN$71,774
Savannah, GA$71,689
Muskegon, MI$71,658
Birmingham, AL$71,651
Winston Salem, NC$71,613
Lake Charles, LA$71,427
Anderson, IN$71,412
Lexington, KY$71,388
Augusta, GA$71,365
Greenville, SC$71,365
Lima, OH$71,304
Wichita, KS$71,296
Tuscaloosa, AL$71,296
Columbia, SC$71,226
Springfield, OH$71,211
Asheville, NC$71,088
Bloomington, IN$71,034
Knoxville, TN$70,756
Shreveport, LA$70,748
Wilmington, NC$70,648
Roanoke, VA$70,648
Topeka, KS$70,509
Frankfort, KY$70,501
Oklahoma City, OK$70,448
Chillicothe, OH$70,417
Longview, TX$70,409
Melbourne, FL$70,401
Sioux Falls, SD$70,278
Mobile, AL$70,270
Terre Haute, IN$70,239
Altoona, PA$70,193
Amarillo, TX$70,139
Killeen, TX$70,116
Fayetteville, AR$70,054
Chattanooga, TN$70,031
Sioux City, IA$69,962
Idaho Falls, ID$69,946
Lynchburg, VA$69,885
Gainesville, FL$69,784
Portsmouth, OH$69,746
Little Rock, AR$69,730
Lafayette, LA$69,700
Youngstown, OH$69,700
Daytona Beach, FL$69,653
Clarksville, TN$69,646
Pensacola, FL$69,638
Temple, TX$69,632
Hopkinsville, KY$69,406
Erie, PA$69,391
Florence, SC$69,360
Charleston, WV$69,237
Great Falls, MT$69,198
Macon, GA$69,090
Tallahassee, FL$69,083
Fayetteville, NC$69,067
Waco, TX$69,052
Helena, MT$68,998
Pine Bluff, AR$68,968
Vincennes, IN$68,874
Lubbock, TX$68,844
Alamogordo, NM$68,797
Twin Falls, ID$68,728
Rapid City, SD$68,705
Jackson, MS$68,566
Huntington, WV$68,560
Greenville, MS$68,558
Parkersburg, WV$68,480
Montgomery, AL$68,466
Wichita Falls, TX$68,389
Springfield, MO$68,389
Biloxi, MS$68,350
Monroe, LA$68,273
Johnstown, PA$68,219
Sumter, SC$68,188
Columbus, GA$68,180
Pascagoula, MS$68,034
Abilene, TX$68,034
Kingsport, TN$67,833
Albany, GA$67,833
Gulfport, MS$67,810
Alexandria, LA$67,556
Fort Smith, AR$67,363
El Paso, TX$67,155
Las Cruces, NM$66,808
Harlingen, TX$66,612
Pocatello, ID$66,599
Florence, AL$66,499
Brownsville, TX$66,484
Mcallen, TX$66,322
Dothan, AL$66,214
Columbus, MS$65,756
Altus, OK$65,396
Lawton, OK$65,250
Pierre, SD$64,972
What Skills Can Increase a Banking Officer's Salary?
Demanded Skills for the Role:
Customer Service (Mentioned in 17.03% Job Postings): 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.
Bank Accounting (Mentioned in 1.6% Job Postings): Bank accounting refers to the working of a financial institution whereby responsibilities include maintaining a recording of financial transactions between the bank and customer. Bank Accounting is the management of all financial transactions based on what account type a customer has.
Customer Relations (Mentioned in 0.94% Job Postings): Creating mutually beneficial relationships with customers to improve their overall experience.
Mastering certain specialized skills can lead to a significant increase in pay.
Here are examples of skills and the potential impact they can have on a Banking Officer's salary.
Dedication: Can increase your salary by up to 43%.
Planning: Can increase your salary by up to 43%.
Initiative: Can increase your salary by up to 37%.
Banking Officer Salary by Industry: Top Paying Sectors
For Banking Officer roles, the industry you choose can affect earning potential
by as much as 40% (the gap between the highest and lowest paying industries).
Data shows that the Financial Services and Edu., Gov't. & Nonprofit
sectors offer the strongest compensation, at 20% above the average.
In contrast, Banking Officer positions in Insurance or Business Services typically offer lower base pay,
as these industries often view Banking Officer as a support function rather than a direct revenue driver.
The top paying industries for a Banking Officer
Industry Sector
Average Annual Salary
Average Hourly Rate
Pay vs.Avg
Financial Services
$86,059
$41.0
20%
Edu., Gov't. & Nonprofit
$75,302
$36.0
5%
Banking Officer Salary: Hourly Rate, Weekly Pay, and Monthly Pay
Understanding how a Banking Officer's annual salary breaks down can help with budgeting.
Below, you can see the average hourly rate, weekly pay, and monthly pay for this role.
Use the buttons to switch between different pay periods.
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Where Does Our Salary Data Come From?
Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources.
We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right.
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