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The differences between branch bankers and branch managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a branch banker and a branch manager. Additionally, a branch manager has an average salary of $56,291, 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 branch manager are customer satisfaction, business development, and branch management.
| Branch Banker | Branch Manager | |
| Yearly salary | $33,076 | $56,291 |
| Hourly rate | $15.90 | $27.06 |
| Growth rate | 17% | 17% |
| Number of jobs | 25,853 | 333,883 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 65% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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.
Branch managers oversee the company's field office. This position is usually present in industries such as banking and food service. Branch managers are responsible for all aspects of the branch operations, including, but not limited to, finances, marketing, quality control, and human resources. They ensure that the goals of the branch are met in the most efficient way possible. They balance the needs of both the organization and the employees in the department. Branch managers are also expected to have a hand in training the employees to be useful members of the organization.
Branch bankers and branch managers have different pay scales, as shown below.
| Branch Banker | Branch Manager | |
| Average salary | $33,076 | $56,291 |
| Salary range | Between $26,000 And $41,000 | Between $39,000 And $80,000 |
| Highest paying City | San Jose, CA | Oakland, CA |
| Highest paying state | Alaska | Alaska |
| Best paying company | J.P. Morgan | FNB |
| Best paying industry | Finance | Professional |
There are a few differences between a branch banker and a branch manager in terms of educational background:
| Branch Banker | Branch Manager | |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between branch bankers' and branch managers' demographics:
| Branch Banker | Branch Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 32.2% Female, 67.8% | Male, 59.8% Female, 40.2% |
| 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, 8.0% Unknown, 4.1% Hispanic or Latino, 15.4% Asian, 7.8% White, 64.3% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |