How much does a Personal Banking Manager make in Chicago, IL? The average Personal Banking Manager salary in Chicago, IL is $71,127 as of February 26, 2024, but the range typically falls between $62,892 and $81,110. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Personal Banking Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Personal Banking Manager Salary $55,395 Chicago,IL February 26, 2024
25th Percentile Personal Banking Manager Salary $62,892 Chicago,IL February 26, 2024
50th Percentile Personal Banking Manager Salary $71,127 Chicago,IL February 26, 2024
75th Percentile Personal Banking Manager Salary $81,110 Chicago,IL February 26, 2024
90th Percentile Personal Banking Manager Salary $90,198 Chicago,IL February 26, 2024
25% $62,892 10% $55,395 90% $90,198 75% $81,110 $71,127 50%(Median) Didn’t find job title? Click
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What skills does a Personal Banking Manager need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Coaching: Coaching is a form of development in which an experienced person, called a coach, supports a learner or client in achieving a specific personal or professional goal by providing training and guidance.

2.

Cash Handling: Process of receiving and giving money in a business. In retail, cash handling ranges from the point of sale to the behind-the-scenes money management during the day.

3.

Retail Banking: Retail banking, also known as consumer banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking. Banking services which are regarded as retail include provision of savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. Retail banking is also distinguished from investment banking or commercial banking. It may also refer to a division or department of a bank which deals with individual customers. In the U.S., the term commercial bank is used for a normal bank to distinguish it from an investment bank. After the Great Depression, the Glass–Steagall Act restricted normal banks to banking activities, and investment banks were limited to engaging capital market activities. That distinction was repealed in the 1990s. Commercial bank can also refer to a bank or a division of a bank that deals mostly with deposits and loans from corporations or large businesses, as opposed to individual members of the public (retail banking).

Coaching 5.09%
Cash Handling 2.21%
Retail Banking 1.41%
Others 91.29%

Job Description for Personal Banking Manager

Personal Banking Manager manages personal banking staff and daily operations to ensure customer satisfaction and develop client relationships. Focuses teams on identifying customer needs and maintaining up-to-date knowledge of all bank products and services to explain, promote, and cross-sell products and services. Being a Personal Banking Manager ensures efficient processing of basic branch service transactions and accurate referrals to enable customers to access the right resource to facilitate other banking requests easily. Develops processes that enable staff to provide rapid research and solutions to account issues, answers to customer inquiries, and effective education and training on banking self-service technology. Additionally, Personal Banking Manager requires a bachelor's degree. Typically reports to a director. The Personal Banking Manager supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Personal Banking Manager typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Personal Banking Manager in Chicago, IL
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Ira M. Birns, Executive Vice President and Chief Financial Officer
World Kinect Corporation engages in the distribution of fuel and related products and services in the aviation, marine and land transportation industries worldwide. Its Aviation segment supplies fuel and related products and services to commercial airlines, second and third tier airlines, cargo carriers, regional and l... More
Fiscal Year Ended in 2022
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Personal Banking Manager salary varies from city to city. Compared with national average salary of Personal Banking Manager, the highest Personal Banking Manager salary is in San Francisco, CA, where the Personal Banking Manager salary is 25.0% above. The lowest Personal Banking Manager salary is in Miami, FL, where the Personal Banking Manager salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
62892
81110
71127

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
65327
85543
73547
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Personal Banking Manager in Chicago, IL. The base salary for Personal Banking Manager ranges from $62,892 to $81,110 with the average base salary of $71,127. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $65,327 to $85,543 with the average total cash compensation of $73,547.
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62892
81110

 

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About Chicago, Illinois    Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois  area prices were up 0.8% from a year ago    View the Cost of Living in Chicago, Illinois

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