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Updated April 5, 2024

Average M&T Bank salary in Illinois

$45,569

$21.91 hourly

Entry-level M&T Bank salary in Illinois

$22,000 yearly

How much does M&T Bank pay in Illinois?

The average M&T Bank salary in Illinois is $45,569. M&T Bank salaries range between $22,000 to $91,000 per year in Illinois. M&T Bank Illinois based pay is lower than M&T Bank's United States average salary of $45,843. The best-paying job in Illinois at M&T Bank is vice president of information technology, which pays an average of $167,279 annually.

M&T Bank salaries in Illinois by job title

M&T Bank’s highest-paying job in Illinois is vice president of information technology, with an average salary of $167,279. In second place is operations vice president, which pays $157,789 annually in Illinois.

Highest paying jobs at M&T Bank in Illinois

RankJob titleAverage M&T Bank salaryHourly pay
1Vice President Of Information Technology$167,279$80
2Operations Vice President$157,789$76
3Vice President, Business Development$151,569$73
4Vice President And Portfolio Manager$148,301$71
5Sales Person$136,768$66
6Group Leader$132,709$64
7Security Manager$129,840$62
8Business Team Leader$127,943$62
9Vice President Of Application Development$126,040$61
10Vice President Of Software Engineering$125,267$60

Highest paying cities in Illinois for M&T Bank

The highest paying cities in Illinois for M&T Bank employees are Chicago, Lisle, and North Utica.

M&T Bank workers in Chicago earn an average salary of $45,589 a year, compared to Lisle with an average salary of $45,569 and North Utica with an average salary of $45,026.

Highest paying cities in Illinois at M&T Bank

RankCityAverage M&T Bank salaryHourly pay
1Chicago, IL$45,589$22
2Lisle, IL$45,569$22
3North Utica, IL$45,026$22
4Cedar Point, IL$44,928$22

M&T Bank salaries in Illinois by department

The departments with the highest salaries for M&T Bank employees in Illinois are Plant/Manufacturing, Engineering, and Marketing.

Illinois M&T Bank employees in the Plant/Manufacturing department earn an average salary of $99,194 a year, compared to an average salary of $96,878 in the Engineering department and $94,087 in the Marketing department.

Highest paying departments at M&T Bank in Illinois

RankDepartmentAverage M&T Bank salaryHourly pay
1Plant/Manufacturing$99,194$48
2Engineering$96,878$47
3Marketing$94,087$45
4Business Development$91,940$44
5Accounting$76,916$37
6IT$74,859$36
7Sales$49,906$24
8Finance$45,895$22
9Administrative$39,994$19
10Customer Service$37,019$18

How much does M&T Bank pay by state

M&T Bank pays the highest salaries in New York ($53,157), New Jersey ($50,829), District of Columbia ($48,953), Maryland ($47,898), and Delaware ($46,968).

Highest paying states at M&T Bank

M&T Bank competitors salaries in Illinois

The highest paying M&T Bank competitor in Illinois is Morgan Stanley. The average salary at Morgan Stanley in Illinois is $167,279. The lowest paying M&T Bank competitor in Illinois is KeyBank.
RankCompany nameAverage pay in IllinoisHourly pay
1Morgan Stanley$95,606$46
2BNY Mellon$79,489$38
3Bank of the West$77,455$37
4Citizens Financial Group$76,078$37
5Citi$71,853$35
6JPMorgan Chase & Co.$67,748$33
7T. Rowe Price$66,458$32
8Wilmington Trust$62,645$30
9Prudential Retirement Insurance And Annuity Co$62,542$30
10KeyBank$59,290$29

Recently added M&T Bank salaries in Illinois

JobLocationDate addedSalary
Senior Relationship ManagerChicago, IL06/12/2025$102,939
Client Support AnalystChicago, IL05/16/2025$66,979
Client Support AnalystChicago, IL05/15/2025$66,979
Client AdministratorChicago, IL04/17/2025$56,850
Client AdministratorChicago, IL03/30/2025$42,637
Relationship ManagerChicago, IL02/19/2025$102,939
Client AdministratorChicago, IL01/26/2025$42,637
Relationship ManagerChicago, IL01/26/2025$87,073

Frequently asked questions about M&T Bank pay in Illinois

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