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Updated April 5, 2024

Average Bank of America salary in Minnesota

$53,667

$25.80 hourly

Entry-level Bank of America salary in Minnesota

$27,000 yearly

How much does Bank of America pay in Minnesota?

The average Bank of America salary in Minnesota is $53,667. Bank of America salaries range between $27,000 to $105,000 per year in Minnesota. Bank of America Minnesota based pay is higher than Bank of America's United States average salary of $53,206. The best-paying job in Minnesota at Bank of America is senior vice president, sales, which pays an average of $157,099 annually.

Bank of America salaries in Minnesota by job title

Bank of America’s highest-paying job in Minnesota is senior vice president, sales, with an average salary of $157,099. In second place is marketing vice president, which pays $134,994 annually in Minnesota.

Highest paying jobs at Bank of America in Minnesota

RankJob titleAverage Bank of America salaryHourly pay
1Senior Vice President, Sales$157,099$76
2Marketing Vice President$134,994$65
3Group Leader$134,869$65
4Vice President Customer Services$132,970$64
5Senior Vice President-Operations$131,671$63
6Vice President, Product Manager$131,460$63
7Sales Vice President$128,884$62
8Information Systems Manager$123,329$59
9Vice President Of Programming$122,897$59
10Finance Vice President$122,063$59

Highest paying cities in Minnesota for Bank of America

The highest paying cities in Minnesota for Bank of America employees are Minneapolis, Brooklyn Center, and Stillwater.

Bank of America workers in Minneapolis earn an average salary of $53,667 a year, compared to Brooklyn Center with an average salary of $53,667 and Stillwater with an average salary of $53,664.

Highest paying cities in Minnesota at Bank of America

RankCityAverage Bank of America salaryHourly pay
1Minneapolis, MN$53,667$26
2Brooklyn Center, MN$53,667$26
3Stillwater, MN$53,664$26
4Woodbury, MN$53,664$26
5Maple Grove, MN$53,656$26
6Saint Paul, MN$53,623$26
7West Saint Paul, MN$53,623$26
8Hopkins, MN$53,615$26
9Wayzata, MN$53,605$26
10Bloomington, MN$53,557$26
11Eagan, MN$53,557$26

Bank of America salaries in Minnesota by department

The departments with the highest salaries for Bank of America employees in Minnesota are Engineering, Marketing, and Business Development.

Minnesota Bank of America employees in the Engineering department earn an average salary of $98,088 a year, compared to an average salary of $86,069 in the Marketing department and $82,810 in the Business Development department.

Highest paying departments at Bank of America in Minnesota

RankDepartmentAverage Bank of America salaryHourly pay
1Engineering$98,088$47
2Marketing$86,069$41
3Business Development$82,810$40
4Plant/Manufacturing$81,059$39
5IT$69,744$34
6Finance$52,621$25
7Sales$51,047$25
8Administrative$39,265$19
9Customer Service$38,023$18
10Retail$37,207$18

How much does Bank of America pay by state

Bank of America pays the highest salaries in New York ($68,696), New Jersey ($67,196), Massachusetts ($65,935), Connecticut ($64,415), and Rhode Island ($64,185).

Highest paying states at Bank of America

Bank of America competitors salaries in Minnesota

The highest paying Bank of America competitor in Minnesota is Merrill Lynch. The average salary at Merrill Lynch in Minnesota is $157,099. The lowest paying Bank of America competitor in Minnesota is KeyBank.
RankCompany nameAverage pay in MinnesotaHourly pay
1Merrill Lynch$81,359$39
2American Express$79,867$38
3Bank of the West$76,955$37
4Citizens Financial Group$76,180$37
5Citi$71,287$34
6JPMorgan Chase & Co.$67,949$33
7Discover$62,526$30
8Capital One$61,885$30
9USAA$61,215$29
10KeyBank$59,811$29

Recently added Bank of America salaries in Minnesota

JobLocationDate addedSalary
Client AssociateSaint Paul, MN06/28/2025$52,175
Senior BankerMaplewood, MN06/24/2025$50,088
Manager, Assistant Vice PresidentMinneapolis, MN06/19/2025$150,000
Relationship BankerMinneapolis, MN06/19/2025$50,088
Finance AdvisorBloomington, MN06/13/2025$60,210
Housing Management OfficerMinneapolis, MN06/12/2025$89,700
Client AssociateBloomington, MN05/24/2025$52,175
Relationship BankerWoodbury, MN05/24/2025$50,088
Bank SpecialistWayzata, MN05/24/2025$70,000
Finance Center ManagerMinneapolis, MN05/16/2025$72,000

Frequently asked questions about Bank of America pay in Minnesota

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