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The differences between personal banking officers and business bankers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a personal banking officer, becoming a business banker takes usually requires 2-4 years. Additionally, a business banker has an average salary of $69,423, which is higher than the $40,925 average annual salary of a personal banking officer.
The top three skills for a personal banking officer include bank products, loan applications and cross-sell. The most important skills for a business banker are customer service, financial products, and financial services.
| Personal Banking Officer | Business Banker | |
| Yearly salary | $40,925 | $69,423 |
| Hourly rate | $19.68 | $33.38 |
| Growth rate | 4% | 10% |
| Number of jobs | 76,804 | 70,054 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 66% |
| Average age | 45 | 43 |
| Years of experience | 6 | 4 |
Personal banking officers and business bankers have different pay scales, as shown below.
| Personal Banking Officer | Business Banker | |
| Average salary | $40,925 | $69,423 |
| Salary range | Between $24,000 And $67,000 | Between $39,000 And $121,000 |
| Highest paying City | - | - |
| Highest paying state | - | - |
| Best paying company | - | - |
| Best paying industry | - | - |
There are a few differences between a personal banking officer and a business banker in terms of educational background:
| Personal Banking Officer | Business Banker | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between personal banking officers' and business bankers' demographics:
| Personal Banking Officer | Business Banker | |
| Average age | 45 | 43 |
| Gender ratio | Male, 46.5% Female, 53.5% | Male, 63.3% Female, 36.7% |
| Race ratio | Black or African American, 9.1% Unknown, 4.6% Hispanic or Latino, 15.7% Asian, 6.3% White, 63.9% American Indian and Alaska Native, 0.5% | Black or African American, 5.4% Unknown, 4.1% Hispanic or Latino, 11.1% Asian, 12.1% White, 67.1% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 8% | 6% |