How much does a Relationship Banker make in Memphis, TN?
A Relationship Banker in Memphis, TN, earns an average yearly salary of $42,438. This role involves building and maintaining relationships with clients to help them meet their financial needs. The salary can vary based on experience and the specific responsibilities of the job.
The salary distribution shows that most Relationship Bankers earn between $37,477 and $48,959 annually. This range reflects the different levels of experience and the complexity of the tasks handled by these professionals. Higher salaries often go to those with more years in the field and those who manage larger client accounts.
What are the highest paying cities for a Relationship Banker near Memphis, TN?

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New Orleans, LA
Average Salary: $49,461
In New Orleans, banking professionals enjoy a vibrant community. The city's rich culture and strong business environment make it a great place to build client relationships. Banks like Wells Fargo and Chase offer many opportunities.
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St. Louis, MO
Average Salary: $48,436
St. Louis provides a balanced approach to banking. The city's diverse economy supports various banking needs. Companies like Bank of America and Edward Jones are prominent here.
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Nashville, TN
Average Salary: $47,389
Nashville offers a welcoming atmosphere for banking careers. The city's growing economy and friendly business culture make it ideal for relationship building. Local banks like Regions and PNC are key players.
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Tulsa, OK
Average Salary: $45,141
Tulsa is known for its strong community ties. Bankers here benefit from a supportive environment. Companies like BOK Financial and Bank of Oklahoma are major employers.
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Birmingham, AL
Average Salary: $44,416
Birmingham has a dynamic banking sector. The city's economic growth offers many opportunities. Banks like BBVA and Regions are well-established here.
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Knoxville, TN
Average Salary: $43,315
Knoxville provides a stable and growing market for banking. The city's educational institutions and business environment support career development. Local banks like First Horizon and BBVA are active.
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Huntsville, AL
Average Salary: $43,235
Huntsville offers a unique blend of technology and banking. The city's innovative spirit creates a forward-thinking environment. Banks like BBVA and Regions are prominent here.
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Decatur, AL
Average Salary: $43,216
Decatur provides a close-knit community for banking professionals. The city's small-town feel offers personal connections. Local banks like BBVA and Regions are key players.
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Little Rock, AR
Average Salary: $42,914
Little Rock offers a growing market for banking. The city's economic development provides many opportunities. Banks like Arvest Bank and Bank of America are well-established.
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Chattanooga, TN
Average Salary: $42,768
Chattanooga provides a vibrant environment for banking careers. The city's diverse economy supports various banking needs. Local banks like BBVA and Regions are major employers.
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What are the best paying companies for a Relationship Banker in Memphis, TN?

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Truist
Average Salary: $60,143
Truist offers Relationship Banker jobs with a focus on building strong client relationships. They operate in various locations, including Memphis, TN. Their Relationship Bankers work to understand client needs and provide tailored financial solutions.
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First Horizon Bank
Average Salary: $51,422
First Horizon Bank provides Relationship Banker positions that emphasize customer service and financial expertise. They serve clients in Memphis, TN, and other areas. Their Relationship Bankers help clients manage their finances and achieve their goals.
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Bank of America
Average Salary: $51,304
Bank of America offers Relationship Banker jobs with a commitment to client satisfaction. They have branches in Memphis, TN, and other regions. Their Relationship Bankers assist clients with banking needs and financial planning.
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Regions Financial
Average Salary: $41,648
Regions Financial provides Relationship Banker roles focused on delivering personalized banking services. They operate in Memphis, TN, and other locations. Their Relationship Bankers work to build trust and provide comprehensive financial support.
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Trustmark National Bank
Average Salary: $38,141
Trustmark National Bank offers Relationship Banker jobs with a dedication to community banking. They serve clients in Memphis, TN, and other areas. Their Relationship Bankers help clients with banking needs and financial advice.
What are the best paying Relationship Banker related jobs in Memphis, TN?

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Wealth Management Advisor
Average Salary: $114,932
This role involves helping clients manage their wealth. Advisors work with clients to understand their financial goals. They create and manage investment plans. Companies like Merrill Lynch and Edward Jones offer these positions.
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Trust Officer
Average Salary: $105,000
Trust officers manage clients' trust accounts. They ensure the assets are handled according to the client's wishes. This job requires strong communication and trust-building skills. Local banks like Regions Bank offer these roles.
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Portfolio Manager
Average Salary: $100,865
Portfolio managers oversee investment portfolios. They make decisions to maximize returns. This role requires a deep understanding of financial markets. Investment firms like Fidelity Investments offer these positions.
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Relationship Manager
Average Salary: $77,850
Relationship managers build and maintain client relationships. They understand clients' needs and offer tailored financial solutions. This role is crucial in banks like Bank of America.
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Sales Professional
Average Salary: $69,784
Sales professionals sell financial products. They meet with clients to discuss their needs. This role requires strong communication and sales skills. Companies like Northwestern Mutual offer these positions.
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Credit Analyst
Average Salary: $69,752
Credit analysts assess clients' creditworthiness. They review financial information to determine risk. This role is important in banks like U.S. Bank.
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Branch Manager
Average Salary: $63,185
Branch managers oversee daily operations. They ensure the branch runs smoothly. This role requires leadership and management skills. Local banks like BBVA offer these positions.
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Financial Advisor
Average Salary: $63,024
Financial advisors help clients plan for their financial future. They provide advice on investments, retirement, and more. This role is offered by firms like Vanguard.
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Insurance Agent
Average Salary: $62,206
Insurance agents sell insurance policies. They help clients choose the right coverage. This role is available at companies like State Farm.
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Day Trader
Average Salary: $61,338
Day traders buy and sell securities within a day. They aim to profit from short-term market movements. This role requires quick decision-making and market knowledge.
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