Banking Representative Salaries in Minnesota
How Much Does a Banking Representative Make in Minnesota?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Banking Representative in Minnesota is $45,908.
While Salary.com is seeing that Banking Representative salary in MN can go up to $57,795
or down to $35,555, but most earn between $40,489 and $52,130.
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 Representative
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Similar Job Salaries to Banking Representative by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Dahl Consulting
Banking Service Representative
|
$55,787/yr
|
RANGE: $47,352 - $64,222
|
|
Staffmark
Banking Member Services Representative
|
$55,874/yr
|
RANGE: $47,050 - $64,699
|
|
TalentBridge
Banking Representative
|
$62,013/yr
|
RANGE: $53,185 - $70,840
|
|
Granite Bank
Banking Associate
|
$65,022/yr
|
RANGE: $53,877 - $76,168
|
|
Merchants Bank
Banking Associate
|
$49,423/yr
|
RANGE: $42,909 - $55,936
|
|
CM Company
Banking Consultant
|
$41,333/yr
|
RANGE: $36,419 - $46,247
|
|
Granite Bank
Banking Specialist
|
$77,407/yr
|
RANGE: $66,674 - $88,140
|
|
Merchants Bank
Banking Professional
|
$62,561/yr
|
RANGE: $52,781 - $72,340
|
|
WELLS FARGO BANK
Corporate Banking Associate - Renewables
|
$196,630/yr
|
RANGE: $171,367 - $221,893
|
|
Platinum Bank
Digital Banking Support Specialist
|
$86,128/yr
|
RANGE: $73,564 - $98,693
|
Top 10 Highest Paying Cities For Banking Representative Jobs in Minnesota
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Banking Representative 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 Representative job salaries in Minnesota.
Some cities can pay higher salaries for Banking Representative jobs, which can indicate that there is a large demand for Banking Representative positions in this city.
The following table shows top 10 cities where the Banking Representative salary is higher than other cities in Minnesota.
Minneapolis takes first place in this list, followed by Saint Paul, Minnetonka.
The Banking Representative salary is $47,613 in Minneapolis,
which is higher than the national average. There are 7 cities' Banking Representative salary higher than national average in Minnesota.
The average salary for a Banking Representative in Minnesota is $45,908,
but we found that the city with the highest salary for Banking Representative jobs is Minneapolis, MN, and it is higher than Saint Paul.
Banking Representative jobs in Minneapolis can have the opportunity to earn higher salaries than in other cities in Minnesota.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Minneapolis | $47,613 | $3,968 | $916 | $23 |
| Saint Paul | $47,613 | $3,968 | $916 | $23 |
| Minnetonka | $47,613 | $3,968 | $916 | $23 |
| Eden Prairie | $47,524 | $3,960 | $914 | $23 |
| Burnsville | $47,479 | $3,957 | $913 | $23 |
| Lakeville | $47,299 | $3,942 | $910 | $23 |
| Rochester | $45,010 | $3,751 | $866 | $22 |
| Saint Cloud | $44,248 | $3,687 | $851 | $21 |
| Duluth | $43,350 | $3,613 | $834 | $21 |
What Does a Banking Representative Do?
However, personal banking representatives have an advantage because their role hinges on strategic thinking and sales, which makes it less prone to automation.
Updated December 16, 2021
The primary task of personal banking representatives is understanding the client’s financial background and goals, then creating a strategy to achieve those goals.
Updated December 10, 2021
In all likelihood, that smiling person who greets you when you enter your bank is a personal banking representative, or a personal banker.
Updated December 09, 2021
Using their keen awareness of clients’ pain points, personal banking representatives can practice cross-selling, where they recommend additional bank services.
Updated December 08, 2021
The Series 79 exam — the Investment Banking Representative Exam — assesses the competency of an entry-level registered representative to perform their job as an investment banking representative.
Updated December 07, 2021
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Explore JobArchitectFrequently Asked Questions About a Banking Representative Salaries
What is the average of a Banking Representative in Minnesota?
The Banking Representative salary range is from $40,489 to $52,130, and the average Banking Representative salary is $45,908/year in Minnesota.
The Banking Representative's salary will change in different locations.
Which location pays the highest Banking Representative salary in the United States?
The Banking Representative salary in San Jose, CA is $56,319
which is the highest in the US.
What kinds of reasons will influence the Banking Representative'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 Representative.
What is the growth rate of the Banking Representative's salary?
If you are thinking of becoming a Banking Representative or planning the next step in your career, find the detailed salary report of a Banking Representative.
