Phone banker vs branch account executive

The differences between phone bankers and branch account executives can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a phone banker and a branch account executive. Additionally, a branch account executive has an average salary of $66,124, which is higher than the $34,532 average annual salary of a phone banker.

The top three skills for a phone banker include customer service, customer inquiries and compliance guidelines. The most important skills for a branch account executive are customer service, insurance products, and administrative tasks.

Phone banker vs branch account executive overview

	Phone Banker	Branch Account Executive
Yearly salary	$34,532	$66,124
Hourly rate	$16.60	$31.79
Growth rate	10%	10%
Number of jobs	22,843	107,347
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 34%	Bachelor's Degree, 56%
Average age	43	43
Years of experience	4	4

Phone banker vs branch account executive salary

Phone bankers and branch account executives have different pay scales, as shown below.

	Phone Banker	Branch Account Executive
Average salary	$34,532	$66,124
Salary range	Between $27,000 And $43,000	Between $42,000 And $102,000
Highest paying City	Saint Paul, MN	-
Highest paying state	New York	-
Best paying company	Advancial Federal Credit Union	-
Best paying industry	Finance	-

Differences between phone banker and branch account executive education

There are a few differences between a phone banker and a branch account executive in terms of educational background:

	Phone Banker	Branch Account Executive
Most common degree	Bachelor's Degree, 34%	Bachelor's Degree, 56%
Most common major	Business	Business
Most common college	Stanford University	Stanford University

Phone banker vs branch account executive demographics

Here are the differences between phone bankers' and branch account executives' demographics:

	Phone Banker	Branch Account Executive
Average age	43	43
Gender ratio	Male, 36.1% Female, 63.9%	Male, 39.4% Female, 60.6%
Race ratio	Black or African American, 5.8% Unknown, 4.1% Hispanic or Latino, 12.2% Asian, 10.8% White, 66.8% American Indian and Alaska Native, 0.2%	Black or African American, 5.9% Unknown, 4.2% Hispanic or Latino, 12.5% Asian, 9.9% White, 67.3% American Indian and Alaska Native, 0.2%
LGBT Percentage	6%	6%

Differences between phone banker and branch account executive duties and responsibilities

Phone banker example responsibilities.

Manage a variety of internal initiatives including merchandising, cross-selling, customer retention programs and promotional campaigns.
Process treasury tax and loan payments.
Service customers with commercial and treasury management accounts and make appropriate product recommendations.
Secure and obtain accurate patients demographics, financial information, and maintain confidentiality on all patient records.
Interact with commercial business, insurance, business development and investment partners to identify cross-selling opportunities, while meeting customer needs.
Provide notary service upon request.

Branch account executive example responsibilities.

Manage all aspects of tactical implementations, including creative and technical development, measurement, reporting and ROI analysis.
Utilize SalesForce automation to effectively generate accurate sales forecasting, develop territory planning strategy, and produce detail client reporting.
Focuse on portfolio growth, relationship management, product promotion and office management.

Phone banker vs branch account executive skills

Common phone banker skills

Customer Service, 22%
Customer Inquiries, 8%
Compliance Guidelines, 7%
Bank Products, 7%
Computer System, 6%
Treasury, 5%

Common branch account executive skills

Customer Service, 18%
Insurance Products, 18%
Administrative Tasks, 10%
Credit Worthiness, 6%
Real Estate Loans, 4%
Past Due Accounts, 4%

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Phone Banker
Phone Banker vs Branch Account Executive

Updated January 8, 2025

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