How Much Does a Branch Processor make?

Branch Processor made a median salary around $46,283 in December, 2024. The best-paid 25 percent made $51,139 probably that year, while the lowest-paid 25 percent made around $41,614. 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.
Check out Branch Processor jobs in Duluth, Minnesota

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Best-Paying Cities for Branch Processor

The metropolitan areas that pay the highest salary in the Branch Processor profession are Hopkins , Mendota , Minneapolis , Minnetonka , Saint Paul .
Hopkins, MN $50,835
Mendota, MN $50,835
Minneapolis, MN $50,835
Minnetonka, MN $50,835
Saint Paul, MN $50,835

Best-Paying States for Branch Processor

The states and districts that pay Branch Processor the highest salary are District of Columbia (around $53,326) , California (around $52,847) , New Jersey (around $52,512) , Alaska (around $52,177) , and Massachusetts (around $52,129) .
District of Columbia $53,326
California $52,847
New Jersey $52,512
Alaska $52,177
Massachusetts $52,129

What is the Career Path of Branch Processor?

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 Processor, the first career path typically starts with a Loan Processor III position , and then progresses to Loan Processing Supervisor.

The second career path typically progresses to Loan Processing Assistant Manager.

Additionally, the third career path typically progresses to Loan Processing Manager.

Besides, Branch Processor can also turn to other related jobs, including Branch Manager , Branch Manager Universal Branch , Word Processor and Payment Processor .

Frequently Asked Questions for Branch Processor

Q: What is the salary range of Branch Processor in Duluth, MN?
A: In 2024 , the lowest-paid Branch Processor in Duluth, MN earned an average annual salary of $41,614 , while the highest-paid made $51,139.
Q: What is the salary for a Branch Processor in California?
A: Branch Processor employed in California earned an average salary of $52,847 in 2024.

Average Branch Processor Pay vs. Other Jobs

Branch Processor earned an average salary of $46,283 in 2024. Other jobs related to Branch Processor earned the following average salary in December, 2024. Branch Manager made $72,553 , Branch Manager Universal Branch made $73,162 , Word Processor and Payment Processor made $41,240 and $32,001 respectively .

Relevant Jobs of Branch Processor

Branch Manager - Average Salary $72,553
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.
Branch Manager Universal Branch - Average Salary $73,162
There is currently no job description for Branch Manager Universal Branch, be the first to submit the job responsibilities for Branch Manager Universal Branch.
Word Processor - Average Salary $41,240
The Word Processor proofreads documents and makes any necessary changes. Utilizes the full scope of sophisticated word processing equipment to prepare complex typed documents. Being a Word Processor requires a high school diploma. Confers with user departments to plan new projects and explores equipment capabilities to ensure maximum quality of the output. In addition, Word Processor typically reports to a supervisor or manager. Being a Word Processor possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area. May require 0-1 year of general work experience.
Payment Processor - Average Salary $32,001
The Payment Processor responsibilities include processing and reconciling debits and credits, preparing daily forms, and reviewing and researching unacceptable payments. Processes consumer loan payments according to established guidelines and procedures. Being a Payment Processor typically reports to a supervisor. Requires a high school diploma or its equivalent. Being a Payment Processor may require 0-1 year of general work experience. Possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area.
Branch Administrator - Average Salary $72,988
There is currently no job description for Branch Administrator, be the first to submit the job responsibilities for Branch Administrator.