Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between branch managers and bank 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 manager and a bank manager. Additionally, a bank manager has an average salary of $96,910, which is higher than the $56,291 average annual salary of a branch manager.
The top three skills for a branch manager include customer satisfaction, business development and branch management. The most important skills for a bank manager are bank products, financial services, and business development.
| Branch Manager | Bank Manager | |
| Yearly salary | $56,291 | $96,910 |
| Hourly rate | $27.06 | $46.59 |
| Growth rate | 17% | 17% |
| Number of jobs | 333,883 | 66,136 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 64% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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.
A bank manager is responsible for supervising banking operations and monitoring staff performance in providing the best customer service for clients with their banking needs and financial transactions. Bank managers assist the staff with the complexities of processes, train new hires, and strategize the development of services that would contribute to the bank's success. They also conduct fund audits and create accounts receivable reports at the end of the day. A bank manager responds to clients' inquiries and concerns, resolve complaints, and manage account disputes.
Branch managers and bank managers have different pay scales, as shown below.
| Branch Manager | Bank Manager | |
| Average salary | $56,291 | $96,910 |
| Salary range | Between $39,000 And $80,000 | Between $65,000 And $142,000 |
| Highest paying City | Oakland, CA | San Francisco, CA |
| Highest paying state | Alaska | California |
| Best paying company | FNB | Accenture |
| Best paying industry | Professional | Finance |
There are a few differences between a branch manager and a bank manager in terms of educational background:
| Branch Manager | Bank Manager | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between branch managers' and bank managers' demographics:
| Branch Manager | Bank Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 59.8% Female, 40.2% | Male, 48.9% Female, 51.1% |
| Race ratio | 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% | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.7% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |