Position
Salary

How much does a Branch Manager make?

The average salary for a Branch Manager is $71,448 per year in the US.

Branch Managers oversee operations in retail or banking environments, ensuring everything runs smoothly. They usually earn an average yearly salary of $71,448, according to recent data. This position demands a lot, including managing staff, overseeing daily business activities, and meeting financial goals.

The salary for a Branch Manager can vary widely based on several factors. These include the size of the company, the industry, and the location. In some cases, Branch Managers can earn significantly more, especially in larger, urban areas or in sectors with higher profit margins. Higher salaries often come with added responsibilities and the need for more experience.

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What are the highest paying cities for a Branch Manager?

Branch managers can find high paying job opportunities in various cities across the United States. Washington, DC, leads with an average salary of over $90,000. Augusta, GA, and Toledo, OH, closely follow, each offering competitive wages for branch managers. These cities provide not only attractive salaries but also dynamic markets where branch managers can thrive. San Francisco, CA, and New Haven, CT, also stand out with their high average salaries for this role. Santa Maria, CA, and Athens, GA, offer solid earning potential as well.
Graph displaying highest paying cities salaries for Branch Manager jobs, highlighting Washington, DC with the highest at $90,999 and Seattle, WA with the lowest at $87,241.
  1. Washington, DC
    Average Salary: $90,999
    Working in the nation's capital offers a unique chance to lead a branch amidst political and business hubs. Major companies like local banks and government institutions offer competitive roles.
    Find Branch Manager jobs in Washington, DC


  2. Augusta, GA
    Average Salary: $90,625
    Augusta provides a chance to manage a branch in a vibrant community. Prominent banks and credit unions here offer good leadership roles.
    Find Branch Manager jobs in Augusta, GA


  3. Toledo, OH
    Average Salary: $90,289
    In Toledo, managing a branch means being part of a growing economy. Many financial institutions look for strong leaders to drive branch success.
    Find Branch Manager jobs in Toledo, OH


  4. San Francisco, CA
    Average Salary: $90,233
    San Francisco's dynamic market offers exciting opportunities. Companies like tech startups and financial firms seek dynamic leaders for their branches.
    Find Branch Manager jobs in San Francisco, CA


  5. New Haven, CT
    Average Salary: $89,950
    New Haven's rich history provides a unique backdrop for a branch leader. Here, educational and financial institutions look for dedicated managers.
    Find Branch Manager jobs in New Haven, CT


  6. Santa Maria, CA
    Average Salary: $89,729
    Managing a branch in Santa Maria means leading in a welcoming community. Banks and credit unions in the area seek experienced leaders.
    Find Branch Manager jobs in Santa Maria, CA


  7. Athens, GA
    Average Salary: $89,206
    Athens, known for its educational institutions, offers a chance to lead a branch in a youthful environment. Local banks value leaders who understand community needs.
    Find Branch Manager jobs in Athens, GA


  8. San Jose, CA
    Average Salary: $88,792
    In Silicon Valley, leading a branch means being part of a tech-driven economy. Companies in finance and tech seek skilled leaders.
    Find Branch Manager jobs in San Jose, CA


  9. Sioux Falls, SD
    Average Salary: $87,382
    Sioux Falls offers a blend of business growth and community values. Local financial institutions look for managers who can drive success.
    Find Branch Manager jobs in Sioux Falls, SD


  10. Seattle, WA
    Average Salary: $87,241
    Seattle's progressive environment offers exciting branch management roles. Companies in finance and tech value leaders who can adapt to rapid changes.
    Find Branch Manager jobs in Seattle, WA

What are the best companies a Branch Manager can work for?

Companies like Paramount Residential Mortgage Group and Charles Schwab offer the highest salaries for Branch Manager positions. With an average salary of $374,457, Paramount Residential Mortgage Group stands out as a top employer. Charles Schwab follows closely with an average salary of $164,148, providing another strong option for job seekers. Additionally, Resa Power offers an average salary of $149,250, making it a competitive choice for those in the field. These companies emphasize competitive compensation packages and offer excellent opportunities for career growth and professional development.
Graph displaying best paying company salaries for Branch Manager jobs, highlighting Paramount Residential Mortgage Group with the highest at $374,457 and WESCOM CREDIT UNION with the lowest at $123,020.
  1. Paramount Residential Mortgage Group
    Average Salary: $374,457
    Paramount Residential Mortgage Group offers competitive Branch Manager salaries. Their branch managers oversee operations in various locations including California, Florida, and New York. They manage a team, handle client relationships, and ensure smooth business operations.


  2. Charles Schwab
    Average Salary: $164,148
    Charles Schwab provides a solid salary for Branch Manager positions. Branch managers work in areas like Texas, California, and Pennsylvania. They focus on delivering financial services, helping clients, and leading their teams to success.


  3. Resa Power
    Average Salary: $149,250
    Resa Power offers a good salary for Branch Managers. Their branch managers operate in regions such as California and Florida. They manage day-to-day operations, oversee staff, and ensure customer satisfaction.


  4. Len The Plumber
    Average Salary: $148,173
    Len The Plumber pays well for Branch Managers. Managers work across several states, including California and Texas. They handle service requests, coordinate teams, and ensure high-quality plumbing services.


  5. Cleary Building Corp.
    Average Salary: $137,500
    Cleary Building Corp. offers a competitive salary for Branch Managers. Managers work in locations like California and Nevada. They lead construction projects, manage teams, and ensure timely project completion.


  6. Churchill Mortgage
    Average Salary: $137,500
    Churchill Mortgage provides a good salary for Branch Managers. Managers operate in areas such as California and Florida. They oversee mortgage services, manage staff, and ensure client satisfaction.


  7. OWL Services
    Average Salary: $137,500
    OWL Services offers a competitive salary for Branch Managers. Managers work across various states including California and Texas. They manage pest control services, oversee teams, and ensure customer needs are met.


  8. BrandSafway
    Average Salary: $132,018
    BrandSafway provides a good salary for Branch Managers. Managers operate in regions such as California and Florida. They manage scaffolding services, lead teams, and ensure safety and quality.


  9. SchoolsFirst Federal Credit Union
    Average Salary: $124,367
    SchoolsFirst Federal Credit Union offers a competitive salary for Branch Managers. Managers work in locations like California and Arizona. They oversee financial services, manage staff, and ensure member satisfaction.


  10. WESCOM CREDIT UNION
    Average Salary: $123,020
    WESCOM CREDIT UNION provides a solid salary for Branch Managers. Managers operate in areas like California and Oregon. They handle credit union services, manage teams, and ensure member needs are met.

How to earn more as a Branch Manager?

Aspiring to earn more as a Branch Manager requires strategic efforts and dedication. By focusing on specific areas, Branch Managers can significantly enhance their earning potential. One key area is developing strong leadership skills. Effective leaders inspire their team and drive performance, which often leads to higher sales and profitability. Another important factor is mastering sales techniques. Branch Managers who excel at sales often earn higher commissions and bonuses.

Additionally, continuously improving management skills plays a crucial role. This includes managing resources efficiently, training staff effectively, and maintaining a positive work environment. Networking and building relationships with clients and industry peers can open up new opportunities and lead to higher earnings. Lastly, staying updated with market trends and technologies ensures that Branch Managers remain competitive and attractive to employers. By focusing on these areas, Branch Managers can position themselves for greater financial success.

Consider these factors to increase earnings:

  1. Develop strong leadership skills
  2. Master sales techniques
  3. Improve management skills
  4. Build a strong professional network
  5. Stay updated with market trends

Currently 3,257 Branch Manager job openings, nationwide.

How's the job market for a Branch Manager in the US?

Learn what a Branch Manager does, how to become one, and understand the job outlook. Get simple steps to start your career as a Branch Manager today.
Position
Overview
Branch Manager
3,257 Job Openings