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Working as a Branch Manager

A Branch Manager is an executive who oversees and coordinates the branch operations of a financial institution or company. What is at stake is making sure the branch reaches its financial goal; and the branch manager will do everything in his or her power to achieve this.

They hire, train, and supervise staff and employ all their creativity in coming up with surefire strategies to increase productivity and performance. It is their responsibility to attract new customers or partners while upholding the loyalty of the ones already on board.

Branch Managers are your ultimate peoples' persons. They ace at sales and customer services and maintain great relationships with partners, employees, and customers alike.

They diligently analyze, multitask, and prioritize. They create business plans, identify areas of improvement, monitor the market, manage resources, and attain sales goals, all the while aiming to further expand the business.

There is more than meets the eye when it comes to being a branch manager. For example, did you know that they make an average of $28.36 an hour? That's $58,996 a year!

Between 2018 and 2028, the career is expected to grow 16% and produce 104,700 job opportunities across the U.S.

What Does a Branch Manager Do

There are certain skills that many branch managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed math skills, organizational skills and detail oriented.

When it comes to the most important skills required to be a branch manager, we found that a lot of resumes listed 8.4% of branch managers included business development, while 8.4% of resumes included customer service, and 6.3% of resumes included sales goals. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the branch manager job title. But what industry to start with? Most branch managers actually find jobs in the finance and professional industries.

How To Become a Branch Manager

If you're interested in becoming a branch manager, one of the first things to consider is how much education you need. We've determined that 50.7% of branch managers have a bachelor's degree. In terms of higher education levels, we found that 12.7% of branch managers have master's degrees. Even though most branch managers have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a branch manager. When we researched the most common majors for a branch manager, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on branch manager resumes include high school diploma degrees or master's degree degrees.

You may find that experience in other jobs will help you become a branch manager. In fact, many branch manager jobs require experience in a role such as assistant manager. Meanwhile, many branch managers also have previous career experience in roles such as assistant branch manager or customer service representative.

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Average Salary$58,996
Job Growth Rate16%

Branch Manager Career Paths

Top Careers Before Branch Manager

Top Careers After Branch Manager

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Average Salary for a Branch Manager

Branch Managers in America make an average salary of $58,996 per year or $28 per hour. The top 10 percent makes over $100,000 per year, while the bottom 10 percent under $34,000 per year.
Average Salary
$58,996

Best Paying Cities

City
Average Salary
Seattle, WA
Salary Range64k - 155k$100k$99,986
San Francisco, CA
Salary Range52k - 129k$83k$82,850
Portland, OR
Salary Range50k - 124k$79k$79,104
New York, NY
Salary Range51k - 117k$78k$77,579
Manassas, VA
Salary Range50k - 117k$77k$77,331
Denver, CO
Salary Range49k - 115k$76k$76,066
$39k
$155k

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
RB Branch Manager 1-Daybreak and District
RB Branch Manager 1-Daybreak and District
Wells Fargo
Wells Fargo
01/29/2021
01/29/2021
$41,20001/29/2021
$41,200
Jpmorgan Chase Bank, N.A.
Branch Manager-Metro East, Metro South, & Metro West
Branch Manager-Metro East, Metro South, & Metro West
Jpmorgan Chase Bank, N.A.
Jpmorgan Chase Bank, N.A.
01/29/2021
01/29/2021
$58,18601/29/2021
$58,186
Branch Manager
Branch Manager
Hope Credit Union/Hope Enterprises
Hope Credit Union/Hope Enterprises
01/28/2021
01/28/2021
$100,00001/28/2021
$100,000
Branch MGR
Onemain (Formerly Springleaf & Onemain Financials).
Onemain (Formerly Springleaf & Onemain Financials).
01/27/2021
01/27/2021
$52,17501/27/2021
$52,175
Mortgage Branch Manager Non-Producing
Mortgage Branch Manager Non-Producing
Wells Fargo
Wells Fargo
01/27/2021
01/27/2021
$60,00001/27/2021
$60,000
See More Recent Salaries

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Branch Manager Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a Branch Manager. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write a Branch Manager Resume

At Zippia, we went through countless Branch Manager resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Detailed Information

Branch Manager Demographics

Gender

male

57.0 %

female

39.7 %

unknown

3.3 %

Ethnicity

White

69.2 %

Hispanic or Latino

14.4 %

Black or African American

7.6 %

Foreign Languages Spoken

Spanish

60.9 %

French

7.0 %

German

4.3 %
See More Demographics

Branch Manager Education

Majors

Business
42.2 %
Finance
7.7 %

Degrees

Bachelors

50.7 %

Associate

13.8 %

High School Diploma

13.5 %

Top Colleges for Branch Managers

1. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

2. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

3. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

4. Maine Maritime Academy

Castine, ME • Public

In-State Tuition
$13,478
Enrollment
979

5. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

6. California State University - Bakersfield

Bakersfield, CA • Public

In-State Tuition
$7,309
Enrollment
9,142

7. SUNY at Binghamton

Vestal, NY • Public

In-State Tuition
$9,808
Enrollment
13,990

8. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

9. San Diego State University

San Diego, CA • Public

In-State Tuition
$7,488
Enrollment
30,018

10. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177
See More Education Info
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Branch Manager

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 8.4% of branch managers listed business development on their resume, but soft skills such as math skills and organizational skills are important as well.

  • Business Development, 8.4%
  • Customer Service, 8.4%
  • Sales Goals, 6.3%
  • Bank Products, 4.2%
  • Financial Statements, 3.9%
  • Other Skills, 68.8%
  • See All Branch Manager Skills

Best States For a Branch Manager

Some places are better than others when it comes to starting a career as a branch manager. The best states for people in this position are Washington, New Jersey, Montana, and New Hampshire. Branch managers make the most in Washington with an average salary of $95,505. Whereas in New Jersey and Montana, they would average $88,014 and $80,862, respectively. While branch managers would only make an average of $80,007 in New Hampshire, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. New Jersey

Total Branch Manager Jobs:
1,871
Highest 10% Earn:
$172,000
Location Quotient:
0.93
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Georgia

Total Branch Manager Jobs:
2,308
Highest 10% Earn:
$150,000
Location Quotient:
1.11
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Washington

Total Branch Manager Jobs:
1,567
Highest 10% Earn:
$187,000
Location Quotient:
0.83
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Top Branch Manager Employers

1. Enterprise Rent-A-Car
4.2
Avg. Salary: 
$59,912
Branch Managers Hired: 
2,886+
2. Wells Fargo
4.7
Avg. Salary: 
$59,093
Branch Managers Hired: 
1,400+
3. U.S. Bank
4.7
Avg. Salary: 
$80,376
Branch Managers Hired: 
1,098+
4. The Hertz
4.5
Avg. Salary: 
$52,365
Branch Managers Hired: 
1,002+
5. JPMorgan Chase
4.9
Avg. Salary: 
$59,097
Branch Managers Hired: 
878+
6. SunTrust Banks
4.8
Avg. Salary: 
$59,092
Branch Managers Hired: 
656+

Branch Manager Videos

Updated October 2, 2020