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The differences between branch managers and banking center 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 banking center manager. Additionally, a banking center manager has an average salary of $128,585, 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 banking center manager are business development, bank products, and bank policies.
| Branch Manager | Banking Center Manager | |
| Yearly salary | $56,291 | $128,585 |
| Hourly rate | $27.06 | $61.82 |
| Growth rate | 17% | 17% |
| Number of jobs | 333,883 | 87,078 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 70% |
| 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 banking center manager is responsible for monitoring bank operations, auditing financial transactions, and ensuring that the banking staff provides the highest customer service for their clients. Banking center managers assist the team members in responding to the customers' inquiries and concerns regarding the financial options they offer, opening accounts, selling financial instruments, and resolving transactional complaints. A banking center manager must have excellent communication and analytical skills, especially in developing banking solutions that would increase the bank's reliability to the customers.
Branch managers and banking center managers have different pay scales, as shown below.
| Branch Manager | Banking Center Manager | |
| Average salary | $56,291 | $128,585 |
| Salary range | Between $39,000 And $80,000 | Between $95,000 And $173,000 |
| Highest paying City | Oakland, CA | - |
| Highest paying state | Alaska | - |
| Best paying company | FNB | - |
| Best paying industry | Professional | - |
There are a few differences between a branch manager and a banking center manager in terms of educational background:
| Branch Manager | Banking Center Manager | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between branch managers' and banking center managers' demographics:
| Branch Manager | Banking Center Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 59.8% Female, 40.2% | Male, 47.0% Female, 53.0% |
| 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, 7.7% Unknown, 4.1% Hispanic or Latino, 14.7% Asian, 9.3% White, 63.9% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |