Banking Associate Salaries in Chicago, IL
How Much Does a Banking Associate Make in Chicago, IL?
Updated May 01, 2025
As of May 01, 2025,
the average annual pay of Banking Associate in Chicago, IL is $58,250.
While Salary.com is seeing that Banking Associate salary in Chicago, IL can go up to $75,536
or down to $38,076, but most earn between $47,690 and $67,298.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Banking Associate
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Similar Job Salaries to Banking Associate by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
beBee Careers
Banking Associate
|
$45,671/yr
|
RANGE: $38,942 - $52,399
|
|
Midland States Bank
Banking Associate
|
$50,606/yr
|
RANGE: $42,953 - $58,258
|
|
Banterra Bank
Banking Associate
|
$49,599/yr
|
RANGE: $42,099 - $57,099
|
|
beBee Careers
Banking Operations Associate
|
$63,106/yr
|
RANGE: $54,405 - $71,806
|
|
Selby Jennings
Investment Banking Associate
|
$103,157/yr
|
RANGE: $86,542 - $119,773
|
|
beBee Careers
Banking Center Associate
|
$36,946/yr
|
RANGE: $33,069 - $40,823
|
|
beBee Careers
Part-Time Banking Associate
|
$50,050/yr
|
RANGE: $42,746 - $57,354
|
|
beBee Careers
Retail Banking Associate
|
$89,746/yr
|
RANGE: $79,124 - $100,367
|
|
Bank of China
Chicago Branch-Banking Associate
|
$61,370/yr
|
RANGE: $52,530 - $70,210
|
What Does a Banking Associate Do?
If you are an MBA student, you are applying to banks with the aim of landing an investment banking associate position and aspire to work up the ranks to Managing Director one day.
Updated November 22, 2021
Interpersonal skills and written and verbal communication skills are necessary for strong performance as a relationship banking associate.
Updated December 20, 2021
Analysts do much of the market research for clients while banking associates ensure the information is accurate and present it to clients.
Updated December 01, 2021
Banking associates must also deliver presentations and reports that detail their research and analyses.
Updated November 28, 2021
Banking associates must be strong salespeople, able to identify a client's needs and recommend a product or service that addresses that need.
Updated November 28, 2021
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Explore JobArchitectFrequently Asked Questions About a Banking Associate Salaries
What is the average of a Banking Associate in Chicago, IL?
The Banking Associate salary range is from $47,690 to $67,298, and the average Banking Associate salary is $58,250/year in Chicago, IL.
The Banking Associate's salary will change in different locations.
Which location pays the highest Banking Associate salary in the United States?
The Banking Associate salary in Santa Clara, CA is $71,096
which is the highest in the US.
What kinds of reasons will influence the Banking Associate's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Banking Associate.
What is the growth rate of the Banking Associate's salary?
If you are thinking of becoming a Banking Associate or planning the next step in your career, find the detailed salary report of a Banking Associate.
