How much does a Relationship Banker make in Rochester, MN?
A Relationship Banker in Rochester, MN, earns an average yearly salary of $46,424. This role involves building and maintaining strong relationships with clients to help them meet their financial needs. The salary range can vary based on experience and the specific responsibilities of the job.
The salary distribution shows that the majority of Relationship Bankers earn between $43,825 and $48,389 annually. This range reflects the different levels of experience and the specific skills each banker brings to the role. Higher salaries often come with more responsibilities and a greater number of clients to manage. The data also indicates that a small percentage of Relationship Bankers earn more than $50,000 per year, which can be a result of bonuses, commissions, or promotions.
What are the highest paying cities for a Relationship Banker near Rochester, MN?

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Minneapolis, MN
Average Salary: $53,768
Minneapolis offers a vibrant banking sector with many opportunities. Banks like U.S. Bank and Wells Fargo are prominent. They value customer relationships and offer growth potential.
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Rochester, NY
Average Salary: $51,115
Rochester has a strong financial industry. Local banks like KeyBank and M&T Bank focus on building strong client connections. It's a great place for those who enjoy community banking.
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Bloomington, MN
Average Salary: $50,512
Bloomington is known for its thriving financial services. Companies like Thrivent Financial provide excellent support for banking professionals. The city offers a mix of urban and suburban banking opportunities.
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Duluth, MN
Average Salary: $50,029
Duluth has a close-knit banking community. Local banks like Superior National Bank value personal relationships. Working here means you'll get to know your clients well.
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Maple Grove, MN
Average Salary: $48,532
Maple Grove offers a friendly banking environment. Banks like Bremer Bank focus on customer service. It's a great place for those who enjoy a supportive work atmosphere.
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Coon Rapids, MN
Average Salary: $48,145
Coon Rapids has a growing financial sector. Banks like TCF Bank offer many opportunities for growth. The community-focused approach makes it a rewarding place to work.
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Brooklyn Park, MN
Average Salary: $47,852
Brooklyn Park is home to several banking institutions. Banks like Bank of America provide a dynamic work environment. It's a place where you can build lasting client relationships.
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Saint Paul, MN
Average Salary: $47,584
Saint Paul offers a diverse banking landscape. Companies like Regions Bank value strong customer ties. The city's rich history adds to its professional appeal.
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Eagan, MN
Average Salary: $47,515
Eagan has a thriving financial sector. Banks like Fifth Third Bank focus on customer satisfaction. It's a great place for those who enjoy a collaborative work environment.
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Burnsville, MN
Average Salary: $47,201
Burnsville offers a supportive banking environment. Local banks like Bremer Bank emphasize personal connections. It's a great place for those who value community and client relationships.
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What are the best paying companies for a Relationship Banker in Rochester, MN?

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Think Bank
Average Salary: $49,682
Think Bank offers a rewarding career for Relationship Bankers in Rochester, MN. They focus on personalized banking services. Their branches are located in the heart of Rochester, providing easy access for both employees and clients.
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Associated Bank
Average Salary: $46,833
Associated Bank provides a dynamic environment for Relationship Bankers in Rochester, MN. They emphasize community banking and customer service. Their Rochester branch is well-known for its friendly atmosphere and strong community ties.
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U.S. Bank
Average Salary: $43,021
U.S. Bank offers a variety of opportunities for Relationship Bankers in Rochester, MN. They focus on comprehensive banking solutions. Their Rochester branch is part of a nationwide network, offering extensive resources and support.
What are the best paying Relationship Banker related jobs in Rochester, MN?

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Financial Representative
Average Salary: $145,424
This role involves helping clients manage their finances. You work with individuals to understand their financial goals. You provide advice on investments, savings, and other financial products.
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Wealth Management Advisor
Average Salary: $119,942
In this position, you assist clients in managing their wealth. You create personalized financial plans. You work with clients to achieve their long-term financial goals. Companies like Fidelity and Edward Jones offer these roles.
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Portfolio Manager
Average Salary: $109,409
You oversee investment portfolios for clients. This role involves making investment decisions. You aim to grow clients' wealth. You work closely with financial advisors to ensure the best outcomes.
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Financial Advisor
Average Salary: $88,781
You provide financial advice to clients. This role involves understanding clients' needs. You help them make informed financial decisions. Companies like Merrill Lynch and UBS offer these positions.
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Sales Professional
Average Salary: $81,009
You sell financial products to clients. This role involves building relationships. You understand clients' needs and offer suitable products. You work in a fast-paced environment to meet sales targets.
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Credit Analyst
Average Salary: $80,728
You assess clients' creditworthiness. This role involves analyzing financial statements. You determine the risk of lending money. You work with banks and financial institutions to make lending decisions.
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Branch Manager
Average Salary: $74,808
You oversee a financial branch. This role involves managing staff. You ensure clients receive excellent service. You handle day-to-day operations and meet sales goals.
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Insurance Agent
Average Salary: $63,660
You sell insurance policies to clients. This role involves understanding clients' needs. You provide advice on different insurance options. You work with companies like State Farm and Allstate.
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Client Service Associate
Average Salary: $55,863
You assist clients with their financial needs. This role involves answering questions. You provide support for financial products and services. You work in a customer-focused environment.
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Retail Sales Associate
Average Salary: $48,927
You assist customers in a retail setting. This role involves promoting financial products. You help customers understand their options. You work in stores like TD Bank and Chase.
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