Relationship Banker Salaries & Top Paying Companies in Elgin, IL

Position

City

Salary

How much does a Relationship Banker make in Elgin, IL?

The average salary for a Relationship Banker is $48,306 per year in Elgin, IL.

Graph depicting the yearly salary distribution for Relationship Banker jobs in Elgin, IL, showing an average salary of $48,306 with varying distribution percentages across salary ranges.

Graph depicting the monthly salary distribution for Relationship Banker jobs in Elgin, IL, showing an average salary of $4,026 with varying distribution percentages across salary ranges.

Graph depicting the weekly salary distribution for Relationship Banker jobs in Elgin, IL, showing an average salary of $929 with varying distribution percentages across salary ranges.

Graph depicting the hourly salary distribution for Relationship Banker jobs in Elgin, IL, showing an average salary of $23 with varying distribution percentages across salary ranges.

A Relationship Banker in Elgin, IL, earns an average yearly salary of $48,306. This role involves building and maintaining strong relationships with clients, helping them with their financial needs. The salary range for this position can vary, with some earning as low as $42,950 and others reaching up to $54,358.

The salary distribution shows that most Relationship Bankers fall within the middle range of this spectrum. About 19.66% of professionals earn between $45,024 and $46,061. Another significant portion, 13.10%, earns between $49,172 and $50,209. This distribution highlights the potential for growth and advancement in this career path.

What are the highest paying cities for a Relationship Banker near Elgin, IL?

Job seekers looking for Relationship Banker roles near Elgin, IL, can find attractive opportunities in nearby cities. Roselle, IL, offers the highest average salary at $56,101, making it a top choice for those in the field. Barrington, IL, follows closely with an average salary of $55,943, providing another excellent location for career growth.

Graph displaying highest paying cities salaries for Relationship Banker jobs near Elgin, IL, highlighting Roselle, IL with the highest at $56,101 and Carpentersville, IL with the lowest at $50,696.

Roselle, IL
Average Salary: $56,101
In Roselle, banking professionals enjoy a welcoming community. Local banks value strong customer relationships. Working here means you'll connect with residents and businesses alike.
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Barrington, IL
Average Salary: $55,943
Barrington offers a vibrant banking scene with many local and national banks. Bankers here focus on building lasting relationships. The community's growth provides many opportunities for career advancement.
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Bloomingdale, IL
Average Salary: $54,092
Bloomingdale is a great place for banking professionals who enjoy a close-knit community. Local banks emphasize personal service. Bankers here work closely with clients to meet their financial needs.
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Schaumburg, IL
Average Salary: $52,826
Schaumburg has a dynamic banking environment with many financial institutions. Bankers here thrive on helping clients achieve their financial goals. The city's diverse economy offers various opportunities.
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Addison, IL
Average Salary: $52,395
In Addison, banking professionals work in a community that values financial stability. Local banks focus on personalized service. Bankers here build strong, lasting relationships with their clients.
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Batavia, IL
Average Salary: $52,082
Batavia offers a supportive environment for banking professionals. Local banks prioritize customer service. Bankers here enjoy working with a community that values financial health.
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West Dundee, IL
Average Salary: $51,987
West Dundee provides a friendly setting for banking professionals. Local banks emphasize personal connections. Bankers here work closely with clients to meet their financial needs.
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Cary, IL
Average Salary: $50,825
Cary is a great place for banking professionals who enjoy a community-focused environment. Local banks value strong customer relationships. Bankers here help clients achieve their financial goals.
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Hoffman Estates, IL
Average Salary: $50,736
Hoffman Estates offers a vibrant banking scene with many opportunities. Bankers here focus on building lasting relationships. The community's growth provides many chances for career advancement.
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Carpentersville, IL
Average Salary: $50,696
Carpentersville provides a supportive environment for banking professionals. Local banks emphasize personal service. Bankers here work closely with clients to meet their financial needs.
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What are the best paying companies for a Relationship Banker in Elgin, IL?

BMO US offers the highest average salary for Relationship Banker jobs in Elgin, Illinois, at $53,181. Wintrust Financial Corporation follows closely with an average salary of $48,930. Associated Bank provides a competitive salary of $45,019 for this role. These companies provide attractive compensation packages for those seeking a rewarding career in banking.

Graph displaying best paying company salaries for Relationship Banker jobs in Elgin, IL, highlighting BMO US with the highest at $53,181 and Associated Bank with the lowest at $45,019.

BMO US
Average Salary: $53,181
BMO US offers competitive salaries for Relationship Bankers. They focus on building strong client relationships and providing personalized financial services. This company operates in various locations across the United States, including Elgin, IL.
Wintrust Financial Corporation
Average Salary: $48,930
Wintrust Financial Corporation provides a solid salary for Relationship Bankers. They emphasize community banking and offer a range of financial products and services. Their branches are located in several states, including Elgin, IL.
Associated Bank
Average Salary: $45,019
Associated Bank offers a good salary for Relationship Bankers. They focus on providing personalized banking solutions and have a strong presence in the Midwest. Their services are available in multiple locations, including Elgin, IL.

What are the best paying Relationship Banker related jobs in Elgin, IL?

Job seekers in Elgin, IL, looking to explore roles related to Relationship Banker will find several lucrative opportunities. Portfolio Managers lead the pack with an average salary of $120,000. Sales Professionals also earn well, with an average of $112,854 annually. These positions offer strong earning potential and align closely with the skills of a Relationship Banker.

Graph displaying best paying related job salaries for Relationship Banker jobs near Elgin, IL, highlighting Portfolio Manager with the highest at $120,000 and Personal Banker with the lowest at $49,459.

Portfolio Manager
Average Salary: $120,000
Portfolio managers work with clients to create and manage investment plans. They often collaborate with financial institutions in Elgin, IL. They analyze market trends and tailor strategies to meet client goals.
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Sales Professional
Average Salary: $112,854
Sales professionals focus on selling products and services. They build relationships with clients and work to meet sales targets. Many companies in Elgin, IL, seek skilled sales professionals.
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Supply Manager
Average Salary: $112,500
Supply managers oversee the supply chain for a company. They ensure that materials and products are delivered efficiently. They work closely with suppliers and logistics teams in Elgin, IL.
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Branch Manager
Average Salary: $86,329
Branch managers lead a team of employees in a local office. They oversee daily operations and ensure customer satisfaction. They often work in banking and financial institutions in Elgin, IL.
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Financial Advisor
Average Salary: $85,620
Financial advisors help clients manage their finances. They provide advice on investments, retirement, and budgeting. Many financial firms in Elgin, IL, hire experienced advisors.
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Day Trader
Average Salary: $77,164
Day traders buy and sell securities within the same trading day. They analyze market trends and make quick decisions. Many firms in Elgin, IL, offer opportunities for day traders.
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Retail Sales Associate
Average Salary: $65,420
Retail sales associates work in stores, helping customers find products. They provide excellent customer service and process transactions. Many retail stores in Elgin, IL, hire sales associates.
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Client Services Representative
Average Salary: $62,400
Client services representatives handle customer inquiries and complaints. They provide support and ensure customer satisfaction. Many companies in Elgin, IL, seek skilled representatives.
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Financial Representative
Average Salary: $56,465
Financial representatives work with clients to manage their finances. They offer advice on investments, insurance, and retirement. They often work for financial firms in Elgin, IL.
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Personal Banker
Average Salary: $49,459
Personal bankers assist clients with their banking needs. They provide advice on accounts, loans, and financial planning. Many banks in Elgin, IL, hire personal bankers.
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Relationship Banker Salary in Elgin, IL

How much does a Relationship Banker make in Elgin, IL?

What are the highest paying cities for a Relationship Banker near Elgin, IL?

What are the best paying companies for a Relationship Banker in Elgin, IL?

Currently 2,796 Relationship Banker job openings, nationwide.

How's the job market for a Relationship Banker in the US?

Win at hiring.