As of January 01, 2026, the average salary for a Banking Associate in the United States is $53,970 per year, which breaks down to an hourly rate of $26.
However, a Banking Associate's salary can vary significantly. Here’s a look at the typical salary range:
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A Banking Associate'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, education and company size can directly affect your earning potential.
Experience is a primary driver of a Banking Associate'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:
| Levels | Salary |
|---|---|
| Entry Level Banking Associate | $53,970 |
| Intermediate Level Banking Associate | $54,633 |
| Senior Level Banking Associate | $56,140 |
| Specialist Level Banking Associate | $56,441 |
| Expert Level Banking Associate | $56,642 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Banking Associates. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Consulting | 2.7% |
| CAD | 3.13% |
| Microsoft Office | 1.43% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Interviewing
|
$59,907 |
11%
|
|
Project Management
|
$58,288 |
8%
|
|
Auditing
|
$57,748 |
7%
|
|
Scheduling
|
$56,669 |
5%
|
|
Analysis
|
$55,589 |
3%
|
|
Collaboration
|
$55,050 |
2%
|
Your level of education can impact your salary potential. While many Banking Associates enter the field with a No Diploma degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Banking Associate with a No Diploma is between $46,907 and $52,790).
Banking Associate Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 2.7% |
| High School | 36.0% |
| Associates | 18.0% |
| Bachelors | 36.9% |
| Masters | 6.3% |
| Doctorate | 0.0% |
Understanding how a Banking Associate'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.
Last Updated on January 01, 2026Salaries for a Banking Associate can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $50,207 in 2023 to around $49,877 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Banking Associate salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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|
| 2023 | $50,207 |
| 2024 | $50,329 |
| 2025 | $49,877 |
| 2026 |
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|
| 2027 |
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|
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