How Much Does a Banking Specialist Make in Minnesota?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Banking Specialist in Minnesota is $45,179. While Salary.com is seeing that Banking Specialist salary in MN can go up to $55,824 or down to $34,271, but most earn between $39,469 and $50,751. 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 Specialist
Online Banking Specialist
$45,576
Minnesota
Per Year
Commercial Banking Specialist
$77,279
Minnesota
Per Year
Banking Relationship Specialist
$123,540
Minnesota
Per Year
Electronic Banking Specialist
$45,179
Minnesota
Per Year
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Similar Job Salaries to Banking Specialist by Company

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Company average base salary in (usd) range
Platinum Bank
Digital Banking Support Specialist
$86,128/yr
$73,564
$98,693
RANGE: $73,564 - $98,693
Granite Bank
Commercial Banking Specialist
$119,570/yr
$98,473
$140,668
RANGE: $98,473 - $140,668
Merchants Bank
Banking and Financial Specialist
$58,942/yr
$49,919
$67,965
RANGE: $49,919 - $67,965
Stearns Bank N.A.
Business Support Specialist, Salaam Banking
$77,269/yr
$67,483
$87,055
RANGE: $67,483 - $87,055
Granite Bank
Banking Associate
$65,022/yr
$53,877
$76,168
RANGE: $53,877 - $76,168
Merchants Bank
Banking Professional
$62,561/yr
$52,781
$72,340
RANGE: $52,781 - $72,340
First Community Credit Union
Banking Professional
$64,371/yr
$54,309
$74,433
RANGE: $54,309 - $74,433
TrustBank
BANKING SPECIALIST
$42,532/yr
$38,023
$47,041
RANGE: $38,023 - $47,041
$41,493/yr
$37,094
$45,892
RANGE: $37,094 - $45,892

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Top 10 Highest Paying Cities For Banking Specialist 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 Specialist 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 Specialist job salaries in Minnesota. Some cities can pay higher salaries for Banking Specialist jobs, which can indicate that there is a large demand for Banking Specialist positions in this city.
The following table shows top 10 cities where the Banking Specialist salary is higher than other cities in Minnesota. Minneapolis takes first place in this list, followed by Saint Paul, Minnetonka. The Banking Specialist salary is $46,858 in Minneapolis, which is higher than the national average. There are 7 cities' Banking Specialist salary higher than national average in Minnesota.
The average salary for a Banking Specialist in Minnesota is $45,179, but we found that the city with the highest salary for Banking Specialist jobs is Minneapolis, MN, and it is higher than Saint Paul. Banking Specialist 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 $46,858 $3,905 $901 $23
Saint Paul $46,858 $3,905 $901 $23
Minnetonka $46,858 $3,905 $901 $23
Eden Prairie $46,769 $3,897 $899 $22
Burnsville $46,725 $3,894 $899 $22
Lakeville $46,548 $3,879 $895 $22
Rochester $44,296 $3,691 $852 $21
Saint Cloud $43,545 $3,629 $837 $21
Duluth $42,662 $3,555 $820 $21

What Does a Banking Specialist Do?

PORTLAND — Elly Baubonis has joined Bangor Savings Bank as a mortgage banking specialist based in Portland.
Updated December 13, 2021
A banking specialist manages all electronic banking systems, including ATMs and online banking services, for an institution.
Updated December 11, 2021
If you are thinking of becoming a Banking Specialist or planning the next step in your career, find details about.
Updated December 09, 2021
The qualifications you need to begin a career as a banking specialist include a high school diploma or a GED certificate, excellent mathematics skills, and some customer service experience.
Updated October 28, 2021
Now IBPS conducts four different recruitment processes namely CRP PO/MT, CRP RRBs, CRP Clerical, CRP Specialist Officers under which various exams take place every year for banking sector recruitment.
Updated October 15, 2021

Frequently Asked Questions About a Banking Specialist Salaries

What is the average of a Banking Specialist in Minnesota?

The Banking Specialist salary range is from $39,469 to $50,751, and the average Banking Specialist salary is $45,179/year in Minnesota. The Banking Specialist's salary will change in different locations.

Which location pays the highest Banking Specialist salary in the United States?

The Banking Specialist salary in San Jose, CA is $55,425 which is the highest in the US.

What kinds of reasons will influence the Banking Specialist'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 Specialist.

What is the growth rate of the Banking Specialist's salary?

If you are thinking of becoming a Banking Specialist or planning the next step in your career, find the detailed salary report of a Banking Specialist.