Banking Associate Salaries in New York
How Much Does a Banking Associate Make in New York?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Banking Associate in New York is $59,961.
While Salary.com is seeing that Banking Associate salary in NY can go up to $77,753
or down to $39,186, but most earn between $49,086 and $69,274.
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 |
|---|---|---|
|
Hudson Valley Credit Union
Banking Associate
|
$56,315/yr
|
RANGE: $47,800 - $64,830
|
|
Webull Financial
Banking Associate
|
$65,143/yr
|
RANGE: $54,561 - $75,725
|
|
Morgan Stanley
Associate, Banking
|
$103,446/yr
|
RANGE: $91,691 - $115,202
|
|
Adirondack Bank
Banking Associate
|
$41,388/yr
|
RANGE: $36,892 - $45,884
|
|
NBT Bank
Relationship Banking Associate
|
$53,654/yr
|
RANGE: $46,598 - $60,710
|
|
Bank of China
Banking - Quality Control Associate
|
$73,695/yr
|
RANGE: $61,836 - $85,554
|
|
Jefferies
Investment Banking Associate, Restructuring
|
$93,049/yr
|
RANGE: $79,130 - $106,968
|
|
Ultimus LeverPoint Private Fund Solutions
Banking Services Associate
|
$99,890/yr
|
RANGE: $86,781 - $112,998
|
|
Metis Search
Technology Investment Banking Associate
|
$92,546/yr
|
RANGE: $81,444 - $103,649
|
Top 10 Highest Paying Cities For Banking Associate Jobs in New York
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Banking Associate can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Banking Associate job salaries in New York.
Some cities can pay higher salaries for Banking Associate jobs, which can indicate that there is a large demand for Banking Associate positions in this city.
The following table shows top 10 cities where the Banking Associate salary is higher than other cities in New York.
New York takes first place in this list, followed by Bronx, Brooklyn.
The Banking Associate salary is $65,699 in New York,
which is higher than the national average. There are 17 cities' Banking Associate salary higher than national average in New York.
The average salary for a Banking Associate in New York is $59,961,
but we found that the city with the highest salary for Banking Associate jobs is New York, NY, and it is higher than Bronx.
Banking Associate jobs in New York can have the opportunity to earn higher salaries than in other cities in New York.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| New York | $65,699 | $5,475 | $1,263 | $32 |
| Bronx | $65,699 | $5,475 | $1,263 | $32 |
| Brooklyn | $65,699 | $5,475 | $1,263 | $32 |
| Queens Village | $65,249 | $5,437 | $1,255 | $31 |
| Yonkers | $64,742 | $5,395 | $1,245 | $31 |
| Mount Vernon | $64,686 | $5,391 | $1,244 | $31 |
| Huntington | $64,124 | $5,344 | $1,233 | $31 |
| New Rochelle | $63,955 | $5,330 | $1,230 | $31 |
| Staten Island | $63,111 | $5,259 | $1,214 | $30 |
| Levittown | $61,705 | $5,142 | $1,187 | $30 |
What Does a Banking Associate Do?
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
Banking associates must adhere to strict confidentiality and privacy regulations as they manage highly sensitive and personal data.
Updated November 25, 2021
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Explore JobArchitectFrequently Asked Questions About a Banking Associate Salaries
What is the average of a Banking Associate in New York?
The Banking Associate salary range is from $49,086 to $69,274, and the average Banking Associate salary is $59,961/year in New York.
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 San Jose, CA is $70,592
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.
