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The differences between branch bankers and bankers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a branch banker, becoming a banker takes usually requires 2-4 years. Additionally, a banker has an average salary of $44,463, which is higher than the $33,076 average annual salary of a branch banker.
The top three skills for a branch banker include customer service, excellent interpersonal and customer relationships. The most important skills for a banker are taking care, financial services, and securities.
| Branch Banker | Banker | |
| Yearly salary | $33,076 | $44,463 |
| Hourly rate | $15.90 | $21.38 |
| Growth rate | 17% | 10% |
| Number of jobs | 25,853 | 29,725 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 56% |
| Average age | 46 | 43 |
| Years of experience | 8 | 4 |
A branch banker is responsible for assisting the customers in performing their financial transactions, updating their account information, and resolving bank discrepancies. Branch bankers guide the customers in handling their personal finances and recommend financial services according to the customers' needs and qualifications. They also create financial reports and identify opportunities that would generate more revenue resources by conducting data and statistical reviews. A branch banker must have excellent analytical skills, as well as extensive knowledge of the financial industry, to manage financial functions and set regulations accordingly.
A banker is primarily responsible for assisting clients with their banking needs, particularly when withdrawing, depositing, and paying. Aside from handling transactions, bankers are also mainly responsible for opening and closing accounts, processing requirements, verifying the validity of documentation, recommending services and other financial options to clients, and resolving inquiries and concerns. A banker may answer calls and correspondence, coordinate with other banking personnel, maintain accurate data, and discuss conditions to clients thoroughly. Furthermore, because a banker mainly works with clients, it is essential to attain customer satisfaction.
Branch bankers and bankers have different pay scales, as shown below.
| Branch Banker | Banker | |
| Average salary | $33,076 | $44,463 |
| Salary range | Between $26,000 And $41,000 | Between $20,000 And $97,000 |
| Highest paying City | San Jose, CA | New York, NY |
| Highest paying state | Alaska | New York |
| Best paying company | J.P. Morgan | Citi |
| Best paying industry | Finance | Finance |
There are a few differences between a branch banker and a banker in terms of educational background:
| Branch Banker | Banker | |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 56% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between branch bankers' and bankers' demographics:
| Branch Banker | Banker | |
| Average age | 46 | 43 |
| Gender ratio | Male, 32.2% Female, 67.8% | Male, 46.3% Female, 53.7% |
| Race ratio | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.1% White, 63.7% American Indian and Alaska Native, 0.3% | Black or African American, 5.5% Unknown, 4.1% Hispanic or Latino, 11.4% Asian, 12.3% White, 66.5% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 6% |