Average salary of bank president

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How much does a Regional Retail Banking President make in the United States? The average Regional Retail Banking President salary in the United States is $216,348 as of September 27, 2021, but the range typically falls between $181,389 and $260,845. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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Based on HR-reported data: a national average with a geographic differential

Regional Retail Banking President Salaries by Percentile

Percentile Salary LocationLast Updated
10th Percentile Regional Retail Banking President Salary$149,561USSeptember 27, 2021
25th Percentile Regional Retail Banking President Salary$181,389USSeptember 27, 2021
50th Percentile Regional Retail Banking President Salary$216,348USSeptember 27, 2021
75th Percentile Regional Retail Banking President Salary$260,845USSeptember 27, 2021
90th Percentile Regional Retail Banking President Salary$301,357USSeptember 27, 2021

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Job Description for Regional Retail Banking President

Regional Retail Banking President directs all facets of operations for a group of retail branch offices in a designated geographic area. Defines sales and service initiatives for the region. Being a Regional Retail Banking President develops objectives and measurement standards and monitors each branch's performance. Ensures that branch administration teams conduct operations and provide the service and product offerings that meet the needs of customers in that region. Additionally, Regional Retail Banking President may have responsibility for additional retail products such as small business and consumer lending. Requires a bachelor's degree. Typically reports to top management. The Regional Retail Banking President manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Regional Retail Banking President typically requires 5+ years of managerial experience. (Copyright 2021 Salary.com)... View full job description

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Regional Retail Banking President Pay Difference by Location

City, StateCompared to national average
City, StateSan Francisco, CACompared to national average
City, StateWashington, DCCompared to national average
City, StateMiami, FLCompared to national average
City, StateChicago, ILCompared to national average
City, StateBoston, MACompared to national average
City, StateNew York, NYCompared to national average
City, StateDallas, TXCompared to national average

Regional Retail Banking President Salary by State

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Understand the total compensation opportunity for a Regional Retail Banking President, base salary plus other pay elements

Average Base Salary

Core compensation

 

 

 

Average Total Cash Compensation

Includes base and annual incentives

 

 

 

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Regional Retail Banking President in the United States. The base salary for Regional Retail Banking President ranges from $181,389 to $260,845 with the average base salary of $216,348. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $219,694 to $351,050 with the average total cash compensation of $293,675.

Sours: https://www.salary.com/research/salary/benchmark/regional-retail-banking-president-salary

Average Bank President Salary

$153,016
Avg. Base Salary (USD)

The average salary for a Bank President is $153,016

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What is the Pay by Experience Level for Bank Presidents?

An early career Bank President with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $97,000 based on 7 salaries. A mid-career Bank President with 5-9 years of experience earns an average total compensation of $122,493 based on 5 salaries. An experienced Bank President with …Read more

What Do Bank Presidents Do?

The primary responsibilities of a bank president will involve the overseeing of a bank’s operations, establishing banking policies and objectives, developing new products and services for clients and customers, ensuring that the mission statement is carried out, developing and maintaining business opportunities, designing and implementing marketing strategies, and ensuring that the needs of the customers are met. Due to the high level of responsibility involved with being a bank president, the …Read more

Job Satisfaction for Bank President

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Gender Breakdown

Prefer to self-define

3.4%

This data is based on 29 survey responses. Learn more about the gender pay gap.

Common Health Benefits

Sours: https://www.payscale.com/research/US/Job=Bank_President/Salary
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How much does a Regional Bank President make in the United States? The average Regional Bank President salary in the United States is $216,400 as of September 27, 2021, but the range typically falls between $181,400 and $260,900. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Regional Bank President, base salary plus other pay elements

Average Base Salary

Core compensation

 

 

 

Average Total Cash Compensation

Includes base and annual incentives

 

 

 

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Regional Bank President in the United States. The base salary for Regional Bank President ranges from $181,400 to $260,900 with the average base salary of $216,400. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $219,700 to $351,100 with the average total cash compensation of $293,700.

Sours: https://www.salary.com/research/salary/alternate/regional-bank-president-salary
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Banks provide security for their clients' money and investments while making profits for investors and shareholders. Most banks offer loans, saving options, bonds and certificates of deposit, and in some instances insurance and wealth management services. Banks compete with one another for customer loyalty, and must also compete with non-banking institutions, such as insurance firms and independent financial advisers. Bank presidents earn a salary plus bonuses, profit sharing and commission.

National Average Salary

A Payscale report updated in December 2010 shows bank presidents earn an annual salary of $96,000 to $194,000. Part of this income comes from bonuses, which total as much as $30,000 a year, and profit sharing totals of as much as $10,000 a year. Bank presidents who earn commissions report receiving as much as $23,000 a year in commissions.

Salary by Bank Size

Presidents of smaller banks tend to make an income not much less than presidents of vast banks. As of 2010, a large bank with 5,000 employees or more has a budget of $200,000 or more for its president, according to PayScale. Yet, presidents at banks with fewer than 200 employees report earning as much as $163,000 a year, and presidents with small, local banks of 50 or fewer employees report making as much as $134,000 a year.

Education and Training

Bank presidents are expected to have a college degree, says the U.S. Bureau of Labor Statistics, preferably a degree in a subject that relates to banking, such as business management or accounting. All bank personnel are encouraged to continue taking classes during their employment, dealing with subjects such as budget management, financial analysis and accounting management.

Career Outlook

The U.S. Bureau of Labor Statistics projects an 8 percent job increase for all banking employees through 2018. New local branches will be built to meet the consumer demand for convenience, with many of them sprouting up in nontraditional locations such as inside grocery stores and malls. Additionally, the aging baby-boomer population will create a need for personal banking services, as older people are more likely than young people to be interested in saving their money.

Sours: https://careertrend.com/the-average-salary-of-a-small-bank-president-13654966.html

President bank average of salary

Big bank execs: What they take home

Bank of AmericaKenneth D. Lewis

Chairman and CEO

$1.5 million$24.8 millionBank of AmericaJoe L. Price

Chief Financial Officer

$800,000$6.5 millionBank of AmericaAmy Woods Brinkley

Global Risk Executive

$800,000$9.3 millionBank of AmericaBarbara J. Desoer

Global Technology and Operations Executive

$800,000$10.5 millionBank of America Liam E. McGee

President Global Consumer and Small Business Banking

$800,000$12.2 millionBank of America Brian T. Moynihan

President of Global Corporate and Investment Banking

$718,859$10.1 millionBank of America R. Eugene Taylor

Former Vice Chairman and Former President, Global Corporate and Investment Banking

$800,000$3.3 millionCitigroupSir Winfried Bischoff

Chairman

$373,734$6.1 millionCitigroupVikram Pandit

CEO

$250,000573,813CitigroupGary Crittenden

Chief Financial Officer

$403,410$19.4 millionCitigroupSallie Krawcheck

Chair and CEO—GWM

$500,000$7.1 millionCitigroupLewis Kaden

Vice Chairman

$500,000$6.8 millionCitigroupMichael Klein

CEO- Global Banking

$212,500$7.9 millionCitigroupStephen Volk

Vice Chairman

$212,500$7.6 millionCitigroupCharles Prince

Former Chairman and CEO

$1 million$15.1 millionGoldman Sachs Lloyd C. Blankfein

Chairman and CEO

$600,000$70.3 millionGoldman SachsGary D. Cohn

President and Chief Operating Officer

$600,000$72.5 millionGoldman SachsJon Winkelried

President and Chief Operating Officer

$600,000$71.5 millionGoldman SachsDavid A. Viniar

Chief Financial Officer

$600,000$58.5 millionGoldman SachsEdward C. Forst

Chief Administrative Officer

$600,000$49.1 millionJP Morgan ChaseJames Dimon

Chairman and CEO

$1 million$27.8 millionJP Morgan Chase Michael J. Cavanagh

Chief financial officer

$500,000$8.3 millionJP Morgan ChaseSteven D. Black

Co-CEO Investment Bank

$400,000$20.9 millionJP Morgan Chase James E. Staley

CEO Asset Management

$400,000$16.7 millionJP Morgan Chase William T. Winters

Co-CEO Investment Bank

$564,379$21.2 millionMerrill LynchJohn A. Thain

Chief Executive Officer

$57,692$17.3 millionMerrill LynchNelson Chai

Executive Vice President and Chief Financial Officer

$34,615$1.7 millionMerrill LynchGregory J. Fleming

President & Chief Operating Officer

$350,000$27.4 millionMerrill LynchRobert J. McCann

Executive Vice President

$350,000$5 millionMerrill LynchJeffrey N. Edwards

Former Chief Financial Officer

$275,000$2.6 millionMerrill LynchE. Stanley O’Neal

Former Chief Executive Officer

$584,231$24.3 millionMerrill LynchAhmass L. Fakahany

Former Co-President and Co-Chief Operating Officer

$350,000$4.6 millionMerrill LynchDow Kim

Former Executive Vice President

$309,615$14.5 millionMorgan StanleyJohn J. Mack

Chairman and CEO

$800,000$1.6 millionMorgan StanleyColm Kelleher

Chief Financial Officer

$339,603$21 millionMorgan StanleyDavid H. Sidwell

Former Chief Financial Officer

$275,000$14.6 millionMorgan StanleyRobert W. Scully

Co-President

$500,000$15.2 millionMorgan StanleyGary G. Lynch

Chief Legal Officer

$300,000$11.9 millionMorgan StanleyThomas R. Nides

Chief Administrative Officer

$300,000$6.3 millionNew York Mellon BankRobert P. Kelly

Chief Executive Officer

$975,000   $20.1 million New York Mellon BankThomas A. Renyi

Executive Chairman

$1 million$22.2 million New York Mellon Bank Gerald L. Hassell

President

$800,000   $11.8 million New York Mellon Bank Bruce W. Van Saun

Vice Chariman and Chief Financial Officer

$650,000$8.9 millionNew York Mellon BankSteven G. Elliott

Senior Vice Chairman

$675,000$19.7 millionNew York Mellon BankRonald P. O'Hanley

Vice Chairman

$675,000  $11.5 millionState Street Corp.Ronald E. Logue

Chief Executive Officer

$1 million$28.3 millionState Street Corp.Edward J. Resch

Chief Financial Officer

$650,000$6.6 millionState Street Corp.Joseph L. Hooley

Vice Chairman

$725,000$10.3 millionState Street Corp.Joseph C. Antonellis

Vice Chairman

$675,000$9 millionState Street Corp.James S. Phalen

Executive Vice President

$480,000$7 millionWells FargoRichard M. Kovacevich

Chairman

$995,000$22.9 millionWells FargoJohn G. Stumpf

President & Chief Executive Officer

$749,615$12.6 millionWells FargoHoward I. Atkins

Senior Executive Vice President & Chief Financial Officer

$600,000$5.1 millionWells FargoDavid A. Hoyt

Senior Executive Vice President, Wholesale Banking

$600,000$6.4 millionWells FargoMark C. Oman

Senior Executive Vice President, Home & Consumer Finance

$600,000$6.4 millionWells FargoCarrie L. Tolstedt

Senior Executive Vice President, Community Banking

$495,192$4 million
Sours: https://money.cnn.com/news/specials/storysupplement/ceopay/
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