Retail Banking Manager Salary in Worcester, MA

How much does a Retail Banking Manager make in Worcester, MA?

As of April 01, 2025, the average annual salary for a Retail Banking Manager in Worcester, MA is $162,994. According to Salary.com, salaries can range from a low of $122,023 to a high of $213,192, with most professionals earning between $141,548 and $189,270.

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Salary range for a Retail Banking Manager

$141,548 to $189,270

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Retail Banking Manager

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Job Openings for Retail Banking Manager in Worcester, MA

What does a Retail Banking Manager do?

Common responsibilities of a Retail Banking Manager

Assist on all aspects of ADA, POT design planning, engineering, procurement and construction closeout.

December 04, 2022

Creates a working climate in which assigned personnel are motivated to develop their skills and abilities.

January 06, 2023

Monitors overdrawn checking accounts and delinquencies for the assigned location in an accurate and timely manner.

January 16, 2023

Makes certain that all customer service and teller personnel are adequately trained both with respect to product knowledge and selling techniques in an effective manner.

March 11, 2023

Communicates with other Bank departments to assist in answering questions and resolving issues in a friendly and timely manner.

March 25, 2023

Provide support on a multi-stakeholder governance that ensures Lines of Business, HOST and FCR stakeholders are providing clear leadership and direction on the operation of fraud controls.

March 26, 2023

Demonstrates experience in managing project teams and managing integrated internal audit and assurance delivery within a matrix reporting environment.

March 31, 2023

Manages audit activities for a component of a product line, function, or legal entity at the regional or country level including a portion of the audit annual plan, specifically US Consumer Retail Banking and Residential Mortgage businesses.

April 23, 2023

Actively facilitates and interacts with other revenue generating departments to further expand existing customer relationships and develop new contacts.

April 25, 2023

Recommends appropriate and pragmatic solutions to risk and control issues.

April 27, 2023

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Retail Banking Manager Salary By Experience Levels in Worcester, MA

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Retail Banking Manager Salary By Level of Education in Worcester, MA

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Retail Banking Manager in Worcester, MA

Average Base Salary

Core compensation

141548

189270

162994

Average Total Cash Compensation

Includes base and annual incentives

161463

233677

192436

What is the average salary for Retail Banking Manager in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Retail Banking Manager in Worcester, MA. The base salary for Retail Banking Manager ranges from $141,548 to $189,270 with the average base salary of $162,994. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $161,463 to $233,677 with the average total cash compensation of $192,436.

View Average Salary for Retail Banking Manager as table

	Average Salary	Average Salary Range
Base Salary	$162,994	$141,548 - $189,270
Bonus	$29,441	$19,914 - $44,407
Total Pay	$192,436	$161,463 - $233,677

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Retail Banking Manager Salary Near Worcester, MA

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Worcester, MA
CITY, STATE Leominster, MA	AVERAGE SALARY RANGE $141,238 - $188,854	COMPARE TO Worcester, MA
CITY, STATE Fitchburg, MA	AVERAGE SALARY RANGE $142,642 - $190,731	COMPARE TO Worcester, MA
CITY, STATE Framingham, MA	AVERAGE SALARY RANGE $145,638 - $194,738	COMPARE TO Worcester, MA
CITY, STATE Newton, MA	AVERAGE SALARY RANGE $150,538 - $201,290	COMPARE TO Worcester, MA
CITY, STATE Woonsocket, RI	AVERAGE SALARY RANGE $139,740 - $186,851	COMPARE TO Worcester, MA
CITY, STATE Medford, MA	AVERAGE SALARY RANGE $150,538 - $201,290	COMPARE TO Worcester, MA

See salaries for Retail Banking Manager in locations close to Worcester, MA. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Worcester, Massachusetts

Worcester has a total area of 38.6 square miles (100 km2), 37.6 square miles (97 km2) of land and 1.0 square mile (2.6 km2) (roughly 2.59%) of water. Worcester is bordered by the towns of Auburn, Grafton, Holden, Leicester, Millbury, Paxton, Shrewsbury, and West Boylston. Worcester is known as the Heart of the Commonwealth, because of its proximity to the center of Massachusetts. The city is about 40 miles (64 km) west of Boston, 50 miles (80 km) east of Springfield, and 38 miles (61 km) northwest of Providence, Rhode Island. The Blackstone River forms in the center of Worcester by the conflue...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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JOB TITLE Account Manager, Retail Banking	LOCATION Worcester, MA	MINIMUM SALARY $88,394	MAXIMUM SALARY $110,031
JOB TITLE Assistant Manager Retail Banking	LOCATION Worcester, MA	MINIMUM SALARY $70,511	MAXIMUM SALARY $87,660
JOB TITLE Product Strategy Manager - Retail Banking	LOCATION Worcester, MA	MINIMUM SALARY $73,700	MAXIMUM SALARY $100,800
JOB TITLE Group Manager I Retail Banking	LOCATION Worcester, MA	MINIMUM SALARY $106,240	MAXIMUM SALARY $131,900
JOB TITLE Banking Product Manager	LOCATION Worcester, MA	MINIMUM SALARY $73,640	MAXIMUM SALARY $100,788
JOB TITLE SVP of Retail Banking	LOCATION Worcester, MA	MINIMUM SALARY $249,454	MAXIMUM SALARY $322,871

The Retail Banking Manager job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Worcester, MA that might be a good fit for the type of job and salary you are looking for.

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141548

189270

About Worcester, Massachusetts Worcester has a total area of 38.6 square miles (100 km2), 37.6 square miles (97 km2) of land and 1.0 square mile (2.6 km2) (roughly 2.59%) of water. ....More

Worcester, Massachusetts area prices were up 1.6% from a year ago

Retail Banking Manager Salary in popular cities: Boston, Springfield, Lowell

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role