Branch store manager vs bank manager

The differences between branch store managers and bank managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a branch store manager, becoming a bank manager takes usually requires 6-8 years. Additionally, a bank manager has an average salary of $96,910, which is higher than the $61,384 average annual salary of a branch store manager.

The top three skills for a branch store manager include in-store, customer satisfaction and financial statements. The most important skills for a bank manager are bank products, financial services, and business development.

Branch store manager vs bank manager overview

	Branch Store Manager	Bank Manager
Yearly salary	$61,384	$96,910
Hourly rate	$29.51	$46.59
Growth rate	6%	17%
Number of jobs	267,825	66,136
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 64%
Average age	44	46
Years of experience	6	8

Branch store manager vs bank manager salary

Branch store managers and bank managers have different pay scales, as shown below.

	Branch Store Manager	Bank Manager
Average salary	$61,384	$96,910
Salary range	Between $51,000 And $73,000	Between $65,000 And $142,000
Highest paying City	-	San Francisco, CA
Highest paying state	-	California
Best paying company	-	Accenture
Best paying industry	-	Finance

Differences between branch store manager and bank manager education

There are a few differences between a branch store manager and a bank manager in terms of educational background:

	Branch Store Manager	Bank Manager
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 64%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Branch store manager vs bank manager demographics

Here are the differences between branch store managers' and bank managers' demographics:

	Branch Store Manager	Bank Manager
Average age	44	46
Gender ratio	Male, 54.9% Female, 45.1%	Male, 48.9% Female, 51.1%
Race ratio	Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.3% Asian, 6.4% White, 67.3% American Indian and Alaska Native, 0.5%	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	10%	11%

Differences between branch store manager and bank manager duties and responsibilities

Branch store manager example responsibilities.

Negotiate service agreements for managing refrigeration and HVAC costs and prepare quoted work estimates.
Train and develop new associates on POS system, internal computer system, insurance rules/verification and function/use of various medical equipment.
Cash handling/maintain ATM and branch vault.
Act as internal cash auditor for routine monthly teller, vault, and ATM cash audits.
Conduct weekly seminars on recruiting new members and competitive lenders.

Bank manager example responsibilities.

Manage a portfolio in various stages of workout including liquidation, refinancing, restructure, rehabilitation, bankruptcy and litigation.
Collaborate with corporate training designers and facilitators to plan, develop and execute AML and KYC relate training.
Handle escalations in the absence of the FCM; ensure enterprise complaint tracking own resource management for the financial center.
Team up with FCM and regional recruiter in interview and hiring process.
Perform other jobs and relate projects as assigned including mentoring sales employees to exceed assign goals by Bancorp.
Monitor all banking operations according to the federal rules and regulations, including performing monthly audits, and following Bancorp standards.

Branch store manager vs bank manager skills

Common branch store manager skills

In-Store, 22%
Customer Satisfaction, 20%
Financial Statements, 17%
Retail Sales, 16%
People Management, 14%
Business Development, 5%

Common bank manager skills

Bank Products, 7%
Financial Services, 7%
Business Development, 6%
Secrecy, 6%
Bank Secrecy Act, 6%
Community Involvement, 5%