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As of August 01, 2026, the average salary for a Finance Banker in Michigan is $82,786 per year, which breaks down to an hourly rate of $40.
However, a Finance Banker's salary can vary significantly. Here’s a look at the typical salary range:
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Finance Banker Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $92,346 | $7,696 | $1,776 | $44 |
| Average | $82,786 | $6,899 | $1,592 | $40 |
| 25th Percentile | $75,025 | $6,252 | $1,443 | $36 |
Arrow Electronics, Inc. - CASTLEWOOD, CO
North Easton Savings Bank - HALIFAX, MA
North Easton Savings Bank - MIDDLEBOROUGH, MA
Peoples Bank - AKRON, IA
A Finance Banker'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 and company size can directly affect your earning potential.
Experience is a primary driver of a Finance Banker'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 |
|---|---|
| Assistant... Level Finance Banker | $51,317 |
| Residenti... Level Finance Banker | $74,969 |
| Finance B... Level Finance Banker | $83,325 |
| Residenti... Level Finance Banker | $95,034 |
| Area Resi... Level Finance Banker | $129,114 |
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 Finance Bankers. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Finance Banker roles, the industry you choose can affect earning potential by as much as 100% (the gap between the highest and lowest paying industries). Data shows that the Edu., Gov't. & Nonprofit and Business Services sectors offer the strongest compensation, at 50% above the average. In contrast, Finance Banker positions in Financial Services or Construction typically offer lower base pay, as these industries often view Finance Banker as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Edu., Gov't. & Nonprofit | $124,179 | $60.0 | 50% |
| Business Services | $99,343 | $48.0 | 20% |
Understanding how a Finance Banker'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $92,346 | $7,696 | $1,776 | $44 |
| Average | $82,786 | $6,899 | $1,592 | $40 |
| 25th Percentile | $75,025 | $6,252 | $1,443 | $36 |
Ready to take the next step in your career? Browse thousands of current Finance Banker job openings on our job board. Use the search bar below to find your perfect match.
Peoples Bank
SIOUX CENTER, IA
Peoples Bank | SIOUX CENTER, IA
Position Title: Personal Banker - Non-Lending Reports To: Location President Classification: Non-Exempt Revised: May 2026 Scope: Reporting to the Location ... more
20 Days Ago
Andover State Bank
WICHITA, KS
Andover State Bank | WICHITA, KS
Andover State Bank is looking for a Universal Banker to join our team in Andover. At Andover State Bank, we take pride in delivering personalized financial... more
1 Day Ago
Wintrust Financial
CLARENDON HILLS, IL
Wintrust Financial | CLARENDON HILLS, IL
Wintrust Financial seeks a Relationship Banker to build and deepen consumer and small business relationships in a community-focused environment. This clien... more
1 Day Ago
GEODIS
BRENTWOOD, TN
GEODIS | BRENTWOOD, TN
Who We Are: GEODIS specializes in unlocking business value in a complex world, ensuring seamless movement of goods worldwide. As a global third-party logis... more
1 Day Ago
Aramark
FRESNO, CA
Aramark | FRESNO, CA
Aramark seeks a seasoned Regional Finance Manager to oversee and enhance financial operations within our healthcare and medical services division. The succ... more
1 Day Ago
L3Harris Technologies
PRINCETON, TX
L3Harris Technologies | PRINCETON, TX
The Precision Effects group within Agile Development Group Division is seeking a Program Financial Analyst. This position will be responsible for financial... more
1 Day Ago
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