What is 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/her 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 $26.28 an hour? That's $54,670 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.

Learn more about what a Branch Manager does

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 64.7% of Branch Managers have a bachelor's degree. In terms of higher education levels, we found that 6.9% 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 Store Manager.

What is the right job for my career path?

Tell us your goals and we'll match you with the right jobs to get there.

And if you’re looking for a job, here are the five top employers hiring now:

  1. Enterprise Holdings Jobs (3,473)
  2. U.S. Bank Jobs (1,104)
  3. World Acceptance Jobs (303)
  4. PeopleReady Jobs (455)
  5. Onemain Financial Jobs (342)
Average Salary
$54,670
Average Salary
Job Growth Rate
16%
Job Growth Rate
Job Openings
360,423
Job Openings
resume document icon

Don't Have A Professional Resume?

0 selections

Branch Manager Career Paths

Branch Manager Jobs You Might Like

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Branch Manager

Branch Managers in America make an average salary of $54,670 per year or $26 per hour. The top 10 percent makes over $79,000 per year, while the bottom 10 percent under $37,000 per year.
Average Salary
$54,670
Find Your Salary Estimate
How much should you be earning as an Branch Manager? Use Zippia's Salary Calculator to get an estimation of how much you should be earning.
See More Salary Information

Calculate your salary

Use Zippia's Salary Calculator to see how your pay matches up.

12 Branch Manager Resume Examples

Learn How To Write a Branch Manager Resume

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

View Branch Manager Resume Examples And Templates

And if you’re looking for a job, here are the five top employers hiring now:

  1. Enterprise Holdings Jobs (3,473)
  2. U.S. Bank Jobs (1,104)
  3. World Acceptance Jobs (303)
  4. PeopleReady Jobs (455)
  5. Onemain Financial Jobs (342)

Choose From 10+ Customizable Branch Manager Resume templates

Zippia allows you to choose from different easy-to-use Branch Manager templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Branch Manager resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

Branch Manager Resume
Branch Manager Resume
Branch Manager Resume
Branch Manager Resume
Branch Manager Resume
Branch Manager Resume
Branch Manager Resume
Branch Manager Resume
Branch Manager Resume
Branch Manager Resume
Branch Manager Resume
Branch Manager Resume
Branch Manager Resume
Branch Manager Resume
Branch Manager Resume
Branch Manager Resume

Branch Manager Demographics

Branch Manager Gender Distribution

Male
Male
60%
Female
Female
40%

After extensive research and analysis, Zippia's data science team found that:

  • Among Branch Managers, 40.2% of them are women, while 59.8% are men.

  • The most common race/ethnicity among Branch Managers is White, which makes up 68.3% of all Branch Managers.

  • The most common foreign language among Branch Managers is Spanish at 60.9%.

Job Openings

Find the best Branch Manager job for you

0 selections
0 selections

Branch Manager Jobs You Might Like

Branch Manager Education

Branch Manager Majors

41.5 %
7.7 %

Branch Manager Degrees

Bachelors

64.7 %

Associate

16.1 %

High School Diploma

7.8 %

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 • Private

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 • Private

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

7. SUNY at Binghamton

Vestal, NY • Private

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 • Private

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

10. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177
Job Openings

Find the best Branch Manager job for you

0 selections
0 selections

Branch Manager Jobs You Might Like

Online Courses For Branch Manager That You May Like

Fundamentals of Logistics, Supply Chain & Customer Service
udemy
4.5
(1,048)

Learn Logistics, Supply Chain and Customer Service. 3 Courses in 1...

Supply Chain Management A-Z: Operations & Logistics Basics
udemy
4.5
(671)

Supply Chain Management Basics: An MBA style course to boost your career as a business operations & logistics manager...

Customer Service
udemy
4.6
(4,889)

How to Approach New Customers and Maintain Existing Ones...

Show More Branch Manager Courses
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%

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 California, Alaska, Washington, and Oklahoma. Branch Managers make the most in California with an average salary of $65,649. Whereas in Alaska and Washington, they would average $64,932 and $63,126, respectively. While Branch Managers would only make an average of $61,238 in Oklahoma, 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. California

Total Branch Manager Jobs:
10,811
Highest 10% Earn:
$101,000
Location Quotient:
1.13
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. Florida

Total Branch Manager Jobs:
5,331
Highest 10% Earn:
$98,000
Location Quotient:
1.04
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. Texas

Total Branch Manager Jobs:
7,953
Highest 10% Earn:
$91,000
Location Quotient:
1.2
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
Full List Of Best States For Branch Managers

How Do Branch Manager Rate Their Jobs?

Working as a Branch Manager? Share your experience anonymously.
Do you work as a Branch Manager?
Rate how you like work as Branch Manager. It's anonymous and will only take a minute.

Top Branch Manager Employers

Most Common Employers For Branch Manager

RankCompanyZippia ScoreAverage Branch Manager SalaryAverage Salary
1$53,120
2$52,034
3
3.TCF Bank
$51,147
4
4.Advance America Cash Advance Centers
$50,444
5$50,360
6$50,206

Branch Manager Videos

Becoming a Branch Manager FAQs

How long does it take to become a Branch Manager?

It takes 6 years of professional experience to become a branch manager. That is the time it takes to learn specific branch manager skills, but does not account for time spent in formal education. If you include the normal education requirements to complete a college degree, then it takes 9 to 11 years years to become a branch manager.

Is it hard to be a branch manager?

No, it's not hard to be a branch manager. A bank branch manager oversees the operation, administration, marketing, training, lending, and security of a local bank branch.

A branch manager is responsible for handling any customer issues, ensuring proper protocol is followed, and overseeing bank tellers. This job is not hard, but it can be stressful.

Bank managers may also have goals that must be met, specifically to generate new accounts through deposits and loans. Goals are set by executive management and expected by a specific deadline.

A bank manager is responsible for the performance of an entire department. Not every individual is cut out to manage employees. As a manager, you will deal with a myriad of personalities, demands, requests and conflicts. You must be able to interact with your staff as well as the public, making it a difficult job.

What are the qualifications of a branch manager?

The qualifications of a branch manager are a bachelor's degree and some work experience. A bank manager also needs to have good operational awareness, strong leadership, and excellent communication skills for dealing with clients.

Most branch managers have a bachelor's degree in finance, business with an emphasis in finance, or a related field. A master's degree in a finance-related field may be preferred.

Significant previous experience is needed in both banking and in working in a supervisor role.

Overall, a branch manager should have exceptional knowledge of banking, finance, accounting, budgeting, cost accounting, and control principles. In addition to that, a branch manager should also have advanced knowledge of banking and finance best practices, laws, standards, and state/national regulations.

A branch manager is expected to be experienced at compiling and following strict budgets, as well as meeting their sales quotas. A branch manager should also have excellent computer skills, experience in financial software, Microsoft Office Suite and a strong aptitude for numbers.

What does a branch manager get paid?

A branch manager gets paid $72,650 a year. However, the range on how much a bank manager can make ranges anywhere between $52,000 a year and $101,000 a year. Factors such as company type and location impact how much a branch manager can make.

Average salary for branch managers based on the company.

  • Wells Fargo: $74,655 per year (range: $53K - $117K)

  • Bank of America: $73,205 per year (range: $56K - $145K)

  • PNC Financial Services Group: $79,518 per year (range: $62K - $91K)

  • TD: $90,002 per year (range: $70K - $127K)

  • BBT: $62,047 per year (range: $56K - $88K)

  • U.S. Bank: $69,066 per year (range: $47K - $90K)

  • State Farm: $121,831 per year (range: $92K - $158K)

  • J.P. Morgan: $93,506 per year (range: $61K - $104K)

Highest paying states for branch managers.

  • New York: $134,254 a year ($64.55 an hour)

  • New Jersey: $108,725 a year ($52.27 an hour)

  • California: $104,576 a year ($50.28 an hour)

  • Connecticut: $103,549 a year ($49.78 an hour)

  • Minnesota: $102,311 a year ($49.19 an hour)

Lowest paying states for branch managers.

  • Idaho: $51,571 a year ($24.79 an hour)

  • Alaska: $57,657 a year ($27.72 an hour)

  • Hawaii: $58,575 a year ($28.16 an hour)

  • Mississippi: $60,691 a year ($29.18 an hour)

  • Iowa: $62,016 a year ($29.82 an hour)

What qualifications do you need to be a bank manager?

The qualifications needed to be a bank manager are a bachelor's degree, bank experience, strong leadership abilities, and excellent organizational skills.

The role of the branch manager is to ensure that sales goals are met, and office tasks are completed successfully in a timely manner.

They are also responsible for monitoring sales and creating sales reports, training and managing staff, and asking clients for feedback. As such, having a well-rounded background in business management and accounting is a big plus for prospective branch managers.

Qualifications for branch manager

  • Bachelor's degree in business, accounting, management, or similar (preferred)

  • Advanced degree (preferred)

  • Five+ years in a management role

  • Proven track record of good performance

  • Firm grasp of modern management skills and tactics

  • Understanding of industry laws and regulations

  • A drive to reach sales and service goals

  • Excellent organizational and leadership skills

  • Experience with managing human resources

Search For Branch Manager Jobs

0 selections
0 selections