Updated August 22, 2022

Fifth Third Bank Salary Estimate

$48,033

$23.09 hourly

Entry level Salary
$24,000 yearly

How Much Does Fifth Third Bank Pay?

Fifth Third Bank pays an average salary of $48,033 per year, which is $23.09 an hour. There is a significant gap between what Fifth Third Bank pays the bottom 10 percent of earners and the top 10 percent of earners. The lowest-paid workers at Fifth Third Bank make less than $24,000 a year, while the highest-paid workers earn over $93,000. At Fifth Third Bank, employees working in engineering jobs and business development jobs tend to earn the highest salaries. In terms of geography, Fifth Third Bank pays the most to people working in Chicago, IL, Charlotte, NC, and Denver, CO.

Highest Paying Jobs At Fifth Third Bank

While Fifth Third Bank employees earn an average yearly salary of $48,033, different roles can command different wages. The higher paying positions at Fifth Third Bank include finance center manager, senior java developer, sql database administrator, and java/j2ee developer. A typical finance center manager salary at Fifth Third Bank is $104,756 per year. To get a better sense of the salaries at Fifth Third Bank, other roles such as cashier and mortgage consultant can be considered as well. For comparison, the title cashier at Fifth Third Bank earns $32,872 per year.

Highest Paying Jobs At Fifth Third Bank

RankJob TitleAverage Fifth Third Bank SalaryHourly Rate
1Finance Center Manager$104,756$50.36
2Senior Java Developer$103,711$49.86
3SQL Database Administrator$103,557$49.79
4Java/J2ee Developer$99,154$47.67
5Bank Advisor$86,652$41.66
6Business Analyst$86,168$41.43
7Quantitative Analyst$84,821$40.78
8Investment Advisor$79,442$38.19
9Account Executive$79,301$38.13
10Customer Service Manager$67,753$32.57
11Senior Underwriter$62,864$30.22
12Business Banker$62,552$30.07
13Team Leader$59,018$28.37
14Mortgage Loan Processor$48,082$23.12
15Collections Specialist$42,298$20.34
16Administrative Assistant$41,553$19.98
17Loan Officer$39,402$18.94
18Bank Specialist$37,383$17.97
19Sales Assistant$36,971$17.77
20Payment Processor$36,931$17.76

Highest Paying Fifth Third Bank Competitor Salaries

Based on our research, similar companies to Fifth Third Bank are Bank of the West, Citizens Financial Group, and Citi. Employees at Bank of the West earn more than most of the competition, with an average yearly salary of $83,013. Employees at Citizens Financial Group earn an average of $75,737 per year, and the employees at Citi earn an average salary of $75,483 per year.

Salaries By Fifth Third Bank Competitors

RankCompany NameZippia ScoreAverage Salary
1Bank of the West4.7$83,013
2Citizens Financial Group4.8$75,737
3Citi4.9$75,483
4JPMorgan Chase & Co.4.9$73,946
5Wintrust Financial4.9$71,392
6Capital One4.7$61,566
7Prudential Retirement Insurance And Annuity Co3.5$60,890
8Ally Financial4.9$60,428
9KeyBank4.6$56,777
10First Horizon Bank4.2$53,996
11Bank of America4.8$53,211
12Regions Bank4.5$47,661
13U.S. Bank4.9$46,793
14M&T Bank4.8$45,852
15Huntington National Bank4.8$45,417
16SunTrust4.9$44,515
17First Merchants4.5$43,114
18Wells Fargo4.8$41,599
19BB&T4.8$40,025
20Commerce Bank4.4$36,626

Average Pay By State For Fifth Third Bank

RankStateAverage Fifth Third Bank SalaryHourly Rate
1Illinois$50,443$24.25
2North Carolina$49,719$23.90
3Ohio$47,761$22.96
4Michigan$47,655$22.91
5Florida$47,035$22.61
6Georgia$46,618$22.41
7Indiana$46,348$22.28
8Tennessee$45,920$22.08

How Much Does Fifth Third Bank Pay By Location?

It's no secret that workers earn different salaries in different parts of the country, since the cost of living can be much higher in certain areas. At Fifth Third Bank, the employees are paid different salaries depending on their location. Our data shows that Fifth Third Bank employees in Chicago, IL get paid the most, where the average yearly pay is $50,370. Fifth Third Bank Employees in Charlotte, NC don't earn quite as much. The median salary in Charlotte, NC is $49,462.

Salaries By Location At Fifth Third Bank

RankLocationAverage Fifth Third Bank SalaryHourly Rate
1Chicago, IL$50,370$24.22
2Charlotte, NC$49,462$23.78
3Denver, CO$48,662$23.40
4Cincinnati, OH$46,999$22.60

Fifth Third Bank Salaries By Department

How much you earn at Fifth Third Bank depends on your role, and the organizational function that you work in. Based on our analysis, the employees in engineering earn salaries at Fifth Third Bank that are well above average, with yearly earnings averaging $97,472. Employees working in the business development department earn a relatively high salary as well, averaging $89,302 per year. On the lower end of the pay scale, the retail and customer service functions pay lower wages, with average employee salaries of $35,316, and $37,328, respectively.

Salaries By Department At Fifth Third Bank

RankDepartmentAverage Fifth Third Bank SalaryHourly Rate
1Engineering$97,472$46.86
2Business Development$89,302$42.93
3Marketing$85,335$41.03
4IT$80,121$38.52
5Plant/Manufacturing$68,150$32.76
6Sales$58,772$28.26
7Finance$51,561$24.79
8Administrative$49,049$23.58
9Customer Service$37,329$17.95
10Retail$35,317$16.98

How Much Does Fifth Third Bank Pay by Department?

Best Paying Fifth Third Bank Customer Service Position Salaries

RankPositionAverage Fifth Third Bank SalaryHourly Rate
1Dispute Resolution Analyst$74,298$35.72
2Customer Service Manager$67,753$32.57
3Support Associate$61,175$29.41
4Dispute Resolution Specialist$43,468$20.90
5Client Specialist$40,813$19.62
6Customer Service Representative$34,172$16.43
7Call Center Representative$33,523$16.12

Best Paying Fifth Third Bank Finance Position Salaries

RankPositionAverage Fifth Third Bank SalaryHourly Rate
1Portfolio Manager$98,194$47.21
2Bank Advisor$86,652$41.66
3Banking Associate$85,418$41.07
4Quantitative Analyst$84,821$40.78
5Business Banking Officer$82,781$39.80
6Branch Manager$80,075$38.50
7Investment Advisor$79,442$38.19
8Collection Supervisor$77,883$37.44
9Investment Representative$77,684$37.35
10Finance Analyst$73,672$35.42
11Fraud Investigator$68,037$32.71
12Senior Underwriter$62,864$30.22
13Business Banker$62,552$30.07
14Mortgage Loan Processor$48,082$23.12
15Loan Officer$39,402$18.94
16Finance Service Representative$37,508$18.03
17Bank Specialist$37,383$17.97
18Payment Processor$36,931$17.76
19Personal Banker$36,395$17.50
20Fraud Specialist$34,317$16.50

Best Paying Fifth Third Bank Retail Position Salaries

RankPositionAverage Fifth Third Bank SalaryHourly Rate
1Assistant Manager$68,282$32.83
2Management Trainee$66,645$32.04
3Team Leader$59,018$28.37
4Team Manager$50,816$24.43
5Retail Banker$34,728$16.70
6Teller$33,723$16.21
7Cashier$32,872$15.80
8Associate Retailer$32,355$15.56

Recently Added Fifth Third Bank Salaries

JobLocationDate AddedSalary
Director, Data EngineeringCincinnati, OH10/06/2022$113,500
Central Investment TeamCincinnati, OH07/17/2022$50,000
Central Investment TeamCincinnati, OH07/17/2022$50,000

Frequently Asked Questions About Fifth Third Bank Salaries

Is The Pay Good At Fifth Third Bank?

No, the pay is not good at Fifth Third Bank. Compared to the industry average of $55,902 per year, the average annual salary at Fifth Third Bank is $48,033, which is 14.08% lower.

What Is The Starting Pay At Fifth Third Bank?

The starting pay at Fifth Third Bank is $24,000 per year, or $11.54 per hour.

How Much Does Fifth Third Bank Pay Compared To Citi?

Fifth Third Bank pays $48,033 per year on average compared to Citi which pays $75,483. That works out to $23.09 per hour at Fifth Third Bank, compared to $36.29 per hour at Citi.

How Much Does Fifth Third Bank Pay An Hour?

Fifth Third Bank pays $23.09 an hour, on average.

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Zippia gives an in-depth look into the details of Fifth Third Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Fifth Third Bank. The employee data is based on information from people who have self-reported their past or current employments at Fifth Third Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Fifth Third Bank. The data presented on this page does not represent the view of Fifth Third Bank and its employees or that of Zippia.

Fifth Third Bank may also be known as or be related to Fifth Third, Fifth Third Bancorp, Fifth Third Bank, Fifth Third Bank (Private Bank) and fifth third bank, an ohio banking corporation.