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Salary

How much does a Consumer Banker make?

The average salary for a Consumer Banker is $56,210 per year in the US.

Consumer bankers help people and businesses manage their money. They work for banks, credit unions, and other financial institutions. A consumer banker earns an average yearly salary of $56,210. This job can be rewarding for those who enjoy helping others with financial needs. Consumer bankers see a wide range of salaries based on their experience and where they work.

Consumer bankers can earn different amounts based on their job level and location. For example, an entry-level consumer banker can earn around $31,000 a year. More experienced bankers can make more, up to $210,000 a year. Here is a closer look at the salary range:

  • 10th percentile: $31,000
  • 25th percentile: $47,273
  • 50th percentile: $63,545
  • 75th percentile: $96,091
  • 90th percentile: $177,455
  • 95th percentile: $210,000

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What are the highest paying cities for a Consumer Banker?

If you seek a rewarding career as a Consumer Banker, consider these top-paying cities. Charlotte, North Carolina, leads the way with an average salary of over $148,000. Minneapolis, Minnesota, follows closely with an average salary of nearly $116,000. These cities offer not only high pay but also numerous opportunities for growth and development. Beyond the top two, cities like Colorado Springs, Buffalo, and Cincinnati also provide competitive salaries for Consumer Bankers. In these areas, average salaries range from about $52,000 to $64,000. These locations present solid options for those aiming for a lucrative banking career.
Graph displaying highest paying cities salaries for Consumer Banker jobs, highlighting Charlotte, NC with the highest at $148,325 and Honolulu, HI with the lowest at $45,783.
  1. Charlotte, NC
    Average Salary: $148,325
    Charlotte offers a thriving environment for financial careers. The city is home to major banks like Bank of America and Truist. Working here means being part of a dynamic team, with plenty of opportunities for growth.
    Find Consumer Banker jobs in Charlotte, NC


  2. Minneapolis, MN
    Average Salary: $116,030
    Minneapolis has a strong financial sector with prominent institutions such as U.S. Bank and Thrivent Financial. Bankers here benefit from a supportive community and a healthy work-life balance.
    Find Consumer Banker jobs in Minneapolis, MN


  3. Colorado Springs, CO
    Average Salary: $63,226
    Colorado Springs combines a vibrant lifestyle with a solid financial sector. Wells Fargo and local credit unions offer excellent opportunities. The city’s beauty and outdoor activities enhance the quality of life.
    Find Consumer Banker jobs in Colorado Springs, CO


  4. Buffalo, NY
    Average Salary: $60,655
    Buffalo’s financial industry includes key players like KeyBank and M&T Bank. Bankers in this city can expect a stable job market with strong community ties. The city offers a mix of urban and natural attractions.
    Find Consumer Banker jobs in Buffalo, NY


  5. Cincinnati, OH
    Average Salary: $55,966
    Cincinnati is known for its banking institutions such as Fifth Third Bank and Procter & Gamble’s financial services. Working in this city provides a blend of urban amenities and a relaxed lifestyle.
    Find Consumer Banker jobs in Cincinnati, OH


  6. Indianapolis, IN
    Average Salary: $55,409
    Indianapolis is home to significant financial firms like Indiana National Bank and KeyBank. Bankers here can enjoy a strong job market and a vibrant cultural scene. The city offers a mix of city life and nearby nature.
    Find Consumer Banker jobs in Indianapolis, IN


  7. Syracuse, NY
    Average Salary: $52,902
    Syracuse hosts financial institutions like KeyBank and local credit unions. Working in this city means being part of a close-knit community with a growing job market. The area is known for its cultural diversity and outdoor activities.
    Find Consumer Banker jobs in Syracuse, NY


  8. St. Louis, MO
    Average Salary: $51,524
    St. Louis is a hub for financial services with companies like Bank of America and Edward Jones. Bankers in this city benefit from a rich history and diverse cultural experiences. The city offers a good balance of work and leisure.
    Find Consumer Banker jobs in St. Louis, MO


  9. Denver, CO
    Average Salary: $46,967
    Denver’s financial scene includes Wells Fargo and U.S. Bank. Working here means being part of a fast-growing city with plenty of outdoor activities. The city offers a vibrant lifestyle and a strong job market.
    Find Consumer Banker jobs in Denver, CO


  10. Honolulu, HI
    Average Salary: $45,783
    Honolulu provides a unique setting for financial careers with banks like Hawaiian Bank and First Hawaiian Bank. Bankers here enjoy a laid-back lifestyle with a mix of urban and tropical advantages. The city’s beauty and culture add to the overall experience.
    Find Consumer Banker jobs in Honolulu, HI

What are the best companies a Consumer Banker can work for?

U.S. Bank tops the list for highest-paying Consumer Banker jobs, offering an average salary of $147,762. Following closely is Old National Bank, with an average salary of $126,326. Both companies provide competitive compensation packages and strong career growth opportunities. Further down, Atlantic Union Bank and Financial Partners Credit Union also stand out, offering average salaries of $77,860 and $57,902 respectively. These positions provide a solid balance of pay and benefits, making them attractive options for professionals.
Graph displaying best paying company salaries for Consumer Banker jobs, highlighting U.S. Bank with the highest at $147,762 and Metro Bank PLC with the lowest at $36,126.
  1. U.S. Bank
    Average Salary: $147,762
    U.S. Bank provides a variety of services to consumers, including personal banking and wealth management. It operates in 26 states across the U.S. Job seekers can find Consumer Banker roles in major cities like New York, Chicago, and Los Angeles.


  2. Old National Bank
    Average Salary: $126,326
    Old National Bank offers personal and commercial banking services. It is present in Indiana, Illinois, Kentucky, and Texas. Consumer Banker roles are available in cities like Indianapolis, Fort Wayne, and Evansville.


  3. Atlantic Union Bank
    Average Salary: $77,860
    Atlantic Union Bank provides consumer and commercial banking services. It has locations in Virginia, Maryland, and the District of Columbia. Consumer Banker jobs can be found in cities like Richmond, Virginia, and Arlington, Virginia.


  4. Financial Partners Credit Union
    Average Salary: $57,902
    Financial Partners Credit Union offers banking services to members. It operates in Indiana, Kentucky, and Ohio. Consumer Banker roles are available in cities such as Indianapolis and Fort Wayne.


  5. Amalgamated Bank
    Average Salary: $52,918
    Amalgamated Bank provides banking services with a focus on community and social responsibility. It has locations in New York City and Washington, D.C. Job seekers can find Consumer Banker positions in these cities.


  6. BankFinancial
    Average Salary: $42,843
    BankFinancial offers personal and business banking services. It operates in Alabama, Florida, Georgia, and Tennessee. Consumer Banker jobs are available in cities like Birmingham, Alabama, and Nashville, Tennessee.


  7. Allied Universal
    Average Salary: $41,291
    Allied Universal provides security and facility services. It is a great option for those interested in consumer banking within a broader financial services context. The company operates nationwide.


  8. First Financial Bank
    Average Salary: $40,763
    First Financial Bank offers a variety of banking services. It has locations in Indiana, Kentucky, and Ohio. Consumer Banker positions can be found in cities such as Indianapolis and Evansville.


  9. FRONTIER BANK OF TEXAS
    Average Salary: $38,412
    FRONTIER BANK OF TEXAS provides banking services with a focus on Texas. It has locations in multiple cities across the state. Consumer Banker roles are available in major Texas cities.


  10. Metro Bank PLC
    Average Salary: $36,126
    Metro Bank PLC offers consumer banking services in the UK. It has branches in major cities like London and Birmingham. Job seekers can find Consumer Banker positions in these locations.

How to earn more as a Consumer Banker?

Consumer banking offers many opportunities to earn more. Aspiring professionals can aim higher by focusing on several key areas. Building strong client relationships and understanding customer needs can lead to more referrals and higher sales. Developing a deep knowledge of financial products and services makes it easier to offer suitable advice and solutions. Staying informed about industry trends and regulations ensures that one can navigate changes and opportunities effectively. Networking and collaborating with colleagues and industry leaders opens doors to new opportunities and insights. Mastery of digital tools and platforms enhances efficiency and customer service quality.

Another important factor is continuous learning and professional development. Taking courses, earning certifications, and attending workshops keeps skills sharp and knowledge current. Specialization in areas such as mortgage lending, personal loans, or wealth management can also make a banker more valuable. Proactively seeking out challenges and taking on leadership roles within the bank can also lead to higher earnings. Each of these steps helps a consumer banker grow and succeed in a competitive field. Building a strong reputation and brand as a trusted financial advisor can also lead to higher pay and more opportunities.

Here are five factors that can help increase earnings:

  1. Build strong client relationships.
  2. Develop deep product knowledge.
  3. Stay informed on industry trends.
  4. Network and collaborate with colleagues.
  5. Master digital tools and platforms.

Currently 130 Consumer Banker job openings, nationwide.

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

Learn what a Consumer Banker does, how to become one, and understand the job outlook. Get simple steps to start your career as a Consumer Banker today.
Position
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Consumer Banker
130 Job Openings