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As of August 01, 2026, the average salary for a Private Banking Assistant in Minnesota is $45,730 per year, which breaks down to an hourly rate of $22.
However, a Private Banking Assistant's salary can vary significantly. Here’s a look at the typical salary range:
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Private Banking Assistant Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $48,551 | $4,046 | $934 | $23 |
| Average | $45,730 | $3,811 | $879 | $22 |
| 25th Percentile | $43,369 | $3,614 | $834 | $21 |
Alerus - Minnetonka, MN
Old National Bank - Detroit Lakes, MN
Profinium Bank - Mankato, MN
Confidential - Minneapolis, MN
A Private Banking Assistant'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.
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 Private Banking Assistants. 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 Private Banking Assistant roles, the industry you choose can impact your earning potential by as much as 20% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 10% above the average. Conversely, Private Banking Assistant positions in Edu., Gov't. & Nonprofit typically offer lower base pay, as this sector often view Private Banking Assistant as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $50,302 | $24.0 | 10% |
Understanding how a Private Banking Assistant'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 | $48,551 | $4,046 | $934 | $23 |
| Average | $45,730 | $3,811 | $879 | $22 |
| 25th Percentile | $43,369 | $3,614 | $834 | $21 |
Ready to take the next step in your career? Browse thousands of current Private Banking Assistant job openings on our job board. Use the search bar below to find your perfect match.
Confidential
Rochester, MN
Confidential | Rochester, MN
Chief Banking Officer (CBO), Community Banking. About the Company. Respected community bank group. Industry. Banking. Type. Privately Held. About the Role.... more
1 Month Ago
New Market Bank
Lakeville, MN
New Market Bank | Lakeville, MN
Job Description. Job Description. Come and join a Team that strives to be:THE place to work where all Team Members are viewed as trusted, willing participa... more
1 Day Ago
Citizens Alliance Bank
Clara City, MN
Citizens Alliance Bank | Clara City, MN
Job Description. Job Description. Description. Position Summary. The Automation Specialist I will be responsible for planning and developing low-code workf... more
2 Days Ago
Border Bank
Thief River Falls, MN
Border Bank | Thief River Falls, MN
Job Description. Job Description. Border Bank is seeking an Electronic Banking Manager to join our team. This position has the flexibility to office at any... more
3 Days Ago
Border Bank
Thief River Falls, MN
Border Bank | Thief River Falls, MN
Job Description. Job Description. Border Bank is seeking an Electronic Banking Specialist to join our team. This position has the flexibility to office at ... more
3 Days Ago
U.S. Bancorp
Saint Paul, MN
U.S. Bancorp | Saint Paul, MN
Job TitleResponsible for supporting the processing of Global Trade & Standby Services (GTSS) and Foreign Exchange (FX) banking products at various stages o... more
5 Days Ago
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