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Updated July 11, 2022

Average Relationship Banker Salary

$39,468 yearly
To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC) Show More

$18.98 hourly

Entry level Salary
$24,000 yearly
$24,000
10 %
$39,468
Median
$62,000
90 %

How much does a Relationship Banker make?

Relationship bankers make $39,468 per year on average, or $18.98 per hour, in the United States. Relationship bankers on the lower end of that spectrum, the bottom 10% to be exact, make roughly $24,000 a year, while the top 10% makes $62,000.

Location impacts how much a relationship banker can expect to make. Relationship bankers make the most in New York, Maine, Connecticut, Delaware, and Rhode Island.

Highest Paying States For Relationship Bankers

The darker areas on the map show where relationship bankers earn the highest salaries across all 50 states.

  • State View
  • County View
Average Salary:

Relationship Banker average salary by State

Rank  State  Avg. Salary  Hourly Rate  Job Count  
1New York$108,065$51.95664
2Delaware$72,796$35.0072
3Connecticut$72,957$35.08188
4Rhode Island$68,323$32.8564
5New Jersey$63,686$30.62462
6Maine$74,720$35.9244
7Massachusetts$63,920$30.73372
8Pennsylvania$55,960$26.90573
9New Hampshire$65,080$31.2955
10West Virginia$64,549$31.0344
11Vermont$50,628$24.3439
12Maryland$52,487$25.23319
13California$47,040$22.621,412
14Illinois$41,691$20.04690
15Ohio$41,195$19.81648
16Kentucky$50,523$24.29137
17North Carolina$47,464$22.82417
18Wyoming$36,364$17.4833
19Indiana$38,966$18.73337
20District of Columbia$53,560$25.7562
21Nebraska$37,949$18.24101
22Virginia$49,161$23.64357
23South Dakota$36,193$17.4051
24North Dakota$39,047$18.7733
25Arkansas$39,076$18.7989
26Alaska$37,011$17.7936
27Colorado$34,080$16.38328
28Michigan$40,806$19.62283
29Wisconsin$36,383$17.49269
30Missouri$37,796$18.17231
31Oregon$36,000$17.31180
32Washington$37,886$18.21273
33Tennessee$36,803$17.69222
34Florida$36,659$17.62748
35New Mexico$39,388$18.9442
36Texas$37,402$17.98798
37Minnesota$39,886$19.18205
38Arizona$32,724$15.73292
39Louisiana$37,684$18.12101
40South Carolina$30,561$14.69219
41Mississippi$37,087$17.8367
42Kansas$32,983$15.86125
43Idaho$30,790$14.8067
44Nevada$34,164$16.4361
45Georgia$30,257$14.55455
46Utah$32,035$15.4099
47Alabama$21,400$10.29233
48Montana$30,380$14.6137
49Hawaii$26,353$12.6733
50Iowa$28,528$13.72116
51Oklahoma$24,245$11.6691

Highest Paying Cities For Relationship Bankers

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Rank  City  Avg. Salary  Hourly Rate  
1New York, NY$114,687$55.14
2Portland, ME$77,295$37.16
3Providence, RI$68,131$32.76
4Boston, MA$63,983$30.76
5Philadelphia, PA$58,175$27.97
6Washington, DC$53,268$25.61
7Baltimore, MD$53,062$25.51
8Richmond, VA$47,962$23.06
9San Francisco, CA$47,394$22.79
10Charlotte, NC$43,998$21.15
11Chicago, IL$42,234$20.30
12Washington, MI$41,925$20.16
13Columbus, OH$40,235$19.34
14Woodbury, MN$40,068$19.26
15Jacksonville, AR$39,253$18.87

Relationship Banker Salary Details

Relationship Banker Salary

What is a Relationship Banker's Salary?

Percentile  Annual Salary  Monthly Salary  Hourly Rate  
90th Percentile$62,000$5,167$30
75th Percentile$50,000$4,167$24
Average$39,468$3,289$19
25th Percentile$31,000$2,583$15
10th Percentile$24,000$2,000$12

Average Salary By Related Titles

Job Title  Annual Salary  Monthly Salary  Hourly Rate  Job Openings  
Finance Service Representative$38,305$3,192$18.42220,519
Finance & Sales Representative$94,963$7,914$45.66175,031
Finance Service Advisor$75,695$6,308$36.39118,612
Finance Representative$43,541$3,628$20.93124,645
Merchant$88,860$7,405$42.7215,395
Finance Sales Consultant$44,564$3,714$21.42101,031

Here are the five companies hiring the most now:

  1. Huntington National Bank Jobs (140)
  2. M&T Bank Jobs (639)
  3. BankUnited Jobs (55)
  4. JPMorgan Chase & Co. Jobs (1,511)
  5. Capital One Jobs (953)

Which Companies Pay Relationship Bankers The Most?

The highest paying companies for relationship bankers are Johnson Financial Group and Citi according to our most recent salary estimates. In addition, companies like Dahl Consulting and Wintrust Financial report highly competitive wages for relationship bankers.
Rank  Company  Average Salary  Hourly Rate  Job Openings  
1Johnson Financial Group$65,968$31.7230
2Citi$61,821$29.72556
3Dahl Consulting$48,689$23.41
4Wintrust Financial$46,118$22.1763
5Sandy Spring Bank$45,650$21.9525
6First Merchants$45,351$21.8022
7Zions Ban$44,752$21.52100
8First Horizon Bank$43,738$21.03368
9Bank of the Ozarks$43,015$20.6838
10City National Bank$42,517$20.4453
11Huntington National Bank$42,390$20.38357
12Santander Bank$41,969$20.1893
13M&T Bank$41,238$19.83610
14Lake Michigan Credit Union$40,756$19.598
15Old National Bank$40,670$19.55258
16Bank of Hawaii$40,573$19.5111
17Broadway Bancshares Inc$39,665$19.0714
18BankNewport$39,468$18.98
19Turning Point$39,468$18.98
20American National Bank & Trust$39,468$18.98

Relationship Banker Salary Trends

Average Relationship Banker Salary Over Time

Compare salaries for individual cities or states with the national average.

    Relationship Banker Salary By Year

    Year  Avg. Salary  Hourly Rate  % Change  
    2022$39,500$18.97+3.9%
    2021$37,900$18.24-3.0%
    2020$39,100$18.78+0.5%
    2019$38,900$18.68-5.5%
    2018$41,000$19.72-6.3%

    Recently Added Relationship Banker Salaries

    Company  Job  Location  Date Added  Salary  
    Old National BankRelationship BankerBattle Creek, MI06/01/2022$37,566
    Job Listingsold National BankRelationship BankerPlymouth, MN05/31/2022$37,566
    Technology Credit UnionRelationship BankerSan Jose, CA05/31/2022$45,600
    Old National BankBilingual Speaking Relationship BankerIndianapolis, IN05/31/2022$37,566
    Job Listingsold National BankMarket Relationship BankerAppleton, WI05/31/2022$37,566
    Old National BankMarket Relationship BankerAppleton, WI05/31/2022$37,566
    Job Listingsold National BankBilingual Speaking Relationship BankerIndianapolis, IN05/31/2022$37,566
    Bank of The WestSR Relationship Banker-(S) Arvada CarrArvada, CO05/30/2022$46,958
    Bank of AmericaBank of America-Relationship Banker (Teller)Chicago, IL05/29/2022$43,827
    BNP ParibasSR Relationship Banker-(S) Arvada CarrArvada, CO05/28/2022$46,958

    Relationship Banker Salaries FAQs

    What state pays Relationship Bankers the most?

    New York pays Relationship Bankers the most in the United States, with an average salary of $108,065 per year, or $51.95 per hour.

    How do I know if I'm being paid fairly as a Relationship Banker?

    You know if you are being paid fairly as a Relationship Banker if your pay is close to the average pay for the state you live in. For example, if you live in Maine you should be paid close to $74,720 per year.

    What type of Relationship Banker gets paid the most?

    Finance & Sales Representative gets paid the most. Finance & Sales Representative made a median salary of $94,963. The best-paid 10 percent make $108,000, while the lowest-paid 10 percent make $83,000.

    Is a relationship banker a teller?

    No, a relationship banker is not a teller; these are separate roles. A bank teller receives and issues payments, primarily working on daily banking transactions and moving funds. A relationship banker is a single point of contact for customers to use for other banking products such as:

    What does a relationship banker at Bank of America do?

    A relationship banker at Bank of America consults for clients regarding all the financial offerings. The relationship banker walks clients through the best options for building wealth or growing their business. This role allows clients to have a personal point of contact who follows up and guides them as needed.

    What does a relationship banker at Chase make?

    A relationship banker at Chase makes an average of $37,042 annually or $17.81 hourly. This is below the national average pay of $42,149. This is an interactive personal banking position that connects customers with the right people or products to address their financial needs.

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