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As of August 01, 2026, the average salary for a Licensed Banker in Iowa is $81,146 per year, which breaks down to an hourly rate of $39.
However, a Licensed Banker's salary can vary significantly. Here’s a look at the typical salary range:
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Licensed Banker Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $90,318 | $7,527 | $1,737 | $43 |
| Average | $81,146 | $6,762 | $1,561 | $39 |
| 25th Percentile | $73,645 | $6,137 | $1,416 | $35 |
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Santander Holdings USA Inc - FINANCIAL DISTRICT, CA
A Licensed 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 Licensed 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 |
|---|---|
| Private B... Level Licensed Banker | $71,310 |
| Licensed ... Level Licensed Banker | $80,472 |
| Private B... Level Licensed Banker | $95,549 |
| Private B... Level Licensed Banker | $126,107 |
| Private B... Level Licensed Banker | $169,729 |
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 Licensed 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 Licensed Banker roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 20% above the average. Conversely, Licensed Banker positions in Business Services typically offer lower base pay, as this sector often view Licensed Banker as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $97,376 | $47.0 | 20% |
Understanding how a Licensed 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 | $90,318 | $7,527 | $1,737 | $43 |
| Average | $81,146 | $6,762 | $1,561 | $39 |
| 25th Percentile | $73,645 | $6,137 | $1,416 | $35 |
Ready to take the next step in your career? Browse thousands of current Licensed Banker job openings on our job board. Use the search bar below to find your perfect match.
Santander Holdings USA Inc
PRINCE, NY
Santander Holdings USA Inc | PRINCE, NY
It Starts Here: Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-dr... more
7 Days Ago
Santander Holdings USA Inc
FINANCIAL DISTRICT, CA
Santander Holdings USA Inc | FINANCIAL DISTRICT, CA
It Starts Here: Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-dr... more
8 Days Ago
Santander Holdings USA Inc
NEW YORK, NY
Santander Holdings USA Inc | NEW YORK, NY
It Starts Here: Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-dr... more
8 Days Ago
Midland States Bank
MOLINE ACRES, MO
Midland States Bank | MOLINE ACRES, MO
Personal Banker At Midland States Bank, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but... more
7 Days Ago
Midland States Bank
PRAIRIEVILLE, IL
Midland States Bank | PRAIRIEVILLE, IL
Universal Banker At Midland States Bank, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (bu... more
15 Days Ago
Community Financial Services Bank
OAKDALE, KY
Community Financial Services Bank | OAKDALE, KY
Relationship Banker - Tier I Job Category: General Requisition Number: RELAT001285 Posted: July 30, 2026 Full-Time Paducah, KY 42003, USA Join a team where... more
6 Days Ago
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