Bank of America associate salary

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Average Bank of America associate salary

$102,438yearly

$33.44 hourly rate

Entry-level Bank of America associate salary

$66,000 yearly

Updated April 5, 2024

How much does Bank of America pay associates?

The average salary for Bank of America associates is $102,438 per year. Bank of America associate salaries range between $66,000 to $158,000 per year. Bank of America associates earn 47% more than the national average salary for associates of $69,556.

Location impacts how much a associate at Bank of America can expect to make. Associates at Bank of America make the most in Washington, DC, New York, NY, and Boston, MA.

How much does Bank of America pay associates by location?

Bank of America pays associates the most in Washington, DC, New York, NY, and Boston, MA. Additionally, cities like Stamford and Jersey City also report highly competitive salaries for associates at Bank of America.

Associate Bank of America salary by location

Rank	City	Avg. salary	Hourly rate
1	Washington, DC	$150,647	$72.43
2	New York, NY	$140,471	$67.53
3	Boston, MA	$123,071	$59.17
4	Stamford, CT	$117,595	$56.54
5	Jersey City, NJ	$107,914	$51.88
6	San Francisco, CA	$104,394	$50.19
7	Charlotte, NC	$100,878	$48.50
8	Newark, DE	$99,573	$47.87
9	Chicago, IL	$96,807	$46.54
10	Richmond, VA	$94,936	$45.64

Highest-paid Bank of America associates by job level

Rank	Job title	Average salary	Hourly rate	Job openings
1	Model/Sales Associate	$98,084	$47	-
2	Staff Associate	$95,302	$46	-
3	Junior Associate	$91,712	$44	-
4	Senior Sales Associate	$90,750	$44	-
5	Product Associate	$87,693	$42	1
6	Junior Sales Associate	$84,727	$41	-
7	Operations Associate	$80,397	$39	-
8	Associate/Team Lead	$80,026	$38	-
9	Associate Specialist	$76,528	$37	-
10	Summer Associate	$74,483	$36	1

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Associate salary at Bank of America competitors

Rank	Company	Average salary	Hourly rate	Job openings
1	Citi	$139,147	$67	46
2	Merrill Lynch	$133,157	$64	-
3	JPMorgan Chase & Co.	$120,379	$58	2156
4	American Express	$114,546	$55	35
5	M&T Bank	$104,834	$50	29
6	U.S. Bank	$99,648	$48	44
7	Wells Fargo	$98,694	$47	78
8	Regions Bank	$87,739	$42	6
9	BB&T	$87,425	$42	-
10	Capital One	$87,274	$42	711
11	KeyBank	$87,046	$42	54
12	Fifth Third Bank	$86,150	$41	8
13	SunTrust	$83,423	$40	-
14	Discover	$77,088	$37	1
15	Citizens Financial Group	$73,520	$35	17
16	MetLife	$60,591	$29	28
17	USAA	$53,302	$26	-
18	Bank of the West	$47,220	$23	-

Show more associate salaries at Bank of America competitors.