Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Relationship banker salary
Average relationship banker salary
$37,091
Understanding Relationship Banker Salaries
The average salary for a Relationship Banker is approximately $37,091 per year, translating to about $18 per hour. Salaries can vary based on several factors, including geographical location, years of experience, and the specific financial institution. For instance, Relationship Bankers in states like California and New York often earn higher salaries due to the cost of living and demand for financial services.
Salary Insights by State
Examining the average salary by state reveals significant discrepancies. For example, states such as Massachusetts and Washington frequently report higher annual earnings for Relationship Bankers. Additionally, those with greater experience and specialized roles, such as in commercial banking, can command higher salaries, reflecting their increased responsibilities and expertise.
Career Opportunities
As you consider a career as a Relationship Banker, it's essential to understand that this role not only involves managing client accounts but also cultivating long-term relationships. This ensures both customer satisfaction and retention, which are key for success in the banking sector.
Let Zippia find your next relationship banker job
Let Zippia find your next relationship banker job
Where can a Relationship Banker earn more?
Relationship banker salary estimates from across the web
Average relationship banker salary by state
The highest-paying states for relationship bankers are New York, Connecticut, and New Hampshire. The lowest average relationship banker salary states are Utah, Iowa, and Montana.
- State view
- County view
Highest paying states for relationship bankers
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $56,986 | $27.40 |
| 2 | Connecticut | $48,942 | $23.53 |
| 3 | Rhode Island | $45,047 | $21.66 |
| 4 | Kansas | $41,900 | $20.14 |
| 5 | North Carolina | $41,926 | $20.16 |
| 6 | Indiana | $38,036 | $18.29 |
| 7 | New Jersey | $39,606 | $19.04 |
| 8 | Illinois | $37,434 | $18.00 |
| 9 | New Hampshire | $45,573 | $21.91 |
| 10 | Maine | $44,202 | $21.25 |
| 11 | Massachusetts | $41,613 | $20.01 |
| 12 | Pennsylvania | $37,343 | $17.95 |
| 13 | Minnesota | $41,477 | $19.94 |
| 14 | Florida | $37,561 | $18.06 |
| 15 | Nebraska | $36,561 | $17.58 |
| 16 | California | $39,234 | $18.86 |
| 17 | Texas | $36,086 | $17.35 |
| 18 | Delaware | $35,759 | $17.19 |
| 19 | Maryland | $37,531 | $18.04 |
| 20 | Tennessee | $35,440 | $17.04 |
| 21 | North Dakota | $36,177 | $17.39 |
| 22 | Georgia | $34,716 | $16.69 |
| 23 | Alaska | $36,877 | $17.73 |
| 24 | Missouri | $35,134 | $16.89 |
| 25 | Hawaii | $39,423 | $18.95 |
| 26 | Wisconsin | $33,629 | $16.17 |
| 27 | South Dakota | $33,456 | $16.08 |
| 28 | Washington | $37,033 | $17.80 |
| 29 | West Virginia | $35,380 | $17.01 |
| 30 | Wyoming | $32,516 | $15.63 |
| 31 | Colorado | $33,622 | $16.16 |
| 32 | Kentucky | $34,001 | $16.35 |
| 33 | Arkansas | $33,971 | $16.33 |
| 34 | South Carolina | $32,607 | $15.68 |
| 35 | Vermont | $32,703 | $15.72 |
| 36 | Oregon | $33,484 | $16.10 |
| 37 | Louisiana | $34,093 | $16.39 |
| 38 | Michigan | $33,525 | $16.12 |
| 39 | Virginia | $34,518 | $16.60 |
| 40 | Arizona | $32,112 | $15.44 |
| 41 | Ohio | $28,578 | $13.74 |
| 42 | Mississippi | $32,965 | $15.85 |
| 43 | Idaho | $30,828 | $14.82 |
| 44 | District of Columbia | $33,238 | $15.98 |
| 45 | Nevada | $32,508 | $15.63 |
| 46 | New Mexico | $32,738 | $15.74 |
| 47 | Alabama | $25,917 | $12.46 |
| 48 | Utah | $30,264 | $14.55 |
| 49 | Montana | $28,938 | $13.91 |
| 50 | Iowa | $29,137 | $14.01 |
| 51 | Oklahoma | $26,763 | $12.87 |
Highest paying cities for relationship bankers
The highest-paying cities for relationship bankers are New York, NY, Providence, RI, and Portland, ME.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $57,211 | $27.51 |
| 2 | Providence, RI | $45,035 | $21.65 |
| 3 | Portland, ME | $44,762 | $21.52 |
| 4 | Raleigh, NC | $42,320 | $20.35 |
| 5 | Boston, MA | $41,618 | $20.01 |
| 6 | Saint Paul, MN | $41,499 | $19.95 |
| 7 | Lakewood, NJ | $39,648 | $19.06 |
| 8 | San Francisco, CA | $39,451 | $18.97 |
| 9 | Philadelphia, PA | $37,936 | $18.24 |
| 10 | Indianapolis, IN | $37,919 | $18.23 |
| 11 | Bradenton, FL | $37,899 | $18.22 |
| 12 | Baltimore, MD | $37,790 | $18.17 |
| 13 | Chicago, IL | $37,502 | $18.03 |
| 14 | San Antonio, TX | $36,704 | $17.65 |
| 15 | Alexandria, VA | $35,518 | $17.08 |
| 16 | Chattanooga, TN | $35,495 | $17.06 |
| 17 | Saint Louis, MO | $35,221 | $16.93 |
| 18 | Columbus, GA | $34,786 | $16.72 |
| 19 | Jacksonville, AR | $34,015 | $16.35 |
| 20 | Colorado Springs, CO | $33,710 | $16.21 |
Relationship banker salary details
A relationship banker's salary ranges from $28,000 a year at the 10th percentile to $48,000 at the 90th percentile.
What is a relationship banker's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $48,000 | $4,000 | $23 |
| 75th Percentile | $42,000 | $3,500 | $20 |
| Average | $37,091 | $3,091 | $18 |
| 25th Percentile | $32,000 | $2,667 | $15 |
| 10th Percentile | $28,000 | $2,333 | $13 |
Highest paying relationship banker jobs
The highest paying types of relationship bankers are finance & sales representative, relationship manager, and finance associate.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Finance Service Representative | $38,361 | $3,197 | $18.44 | 220,519 |
| Finance & Sales Representative | $86,114 | $7,176 | $41.40 | 175,031 |
| Finance Service Advisor | $50,706 | $4,225 | $24.38 | 118,612 |
| Finance Representative | $41,765 | $3,480 | $20.08 | 124,645 |
| Merchant | $74,999 | $6,250 | $36.06 | 15,395 |
| Finance Sales Consultant | $45,562 | $3,797 | $21.90 | 101,031 |
Top companies hiring relationship bankers now:
Which companies pay relationship bankers the most?
Relationship banker salaries at Santander Bank and ESL Federal Credit Union are the highest-paying according to our most recent salary estimates. In addition, the average relationship banker salary at companies like Busey and MIDFLORIDA Credit Union are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Santander Bank | $44,991 | $21.63 |
| 2 | ESL Federal Credit Union | $42,721 | $20.54 |
| 3 | Busey | $40,884 | $19.66 |
| 4 | MIDFLORIDA Credit Union | $40,621 | $19.53 |
| 5 | BMO Capital Markets | $39,930 | $19.20 |
| 6 | Dahl Consulting | $39,903 | $19.18 |
| 7 | Simmons Bank | $39,815 | $19.14 |
| 8 | City National Bank | $39,767 | $19.12 |
| 9 | Tech Credit Union | $39,692 | $19.08 |
| 10 | The Apollo Group | $39,652 | $19.06 |
| 11 | Independent Bank | $39,352 | $18.92 |
| 12 | Desert Schools Federal Credit Union | $39,317 | $18.90 |
| 13 | Northeast Bank | $39,228 | $18.86 |
| 14 | MUFG EMEA | $38,775 | $18.64 |
| 15 | The Bank of Glen Burnie | $38,607 | $18.56 |
| 16 | J.P. Morgan | $38,547 | $18.53 |
| 17 | BenefitMall | $38,534 | $18.53 |
| 18 | Mcgriff, Seibels & Williams | $38,052 | $18.29 |
| 19 | Vantage West CU | $38,037 | $18.29 |
| 20 | BNP Paribas | $38,011 | $18.27 |
Wage gap by gender, race and education
Relationship banker salary trends
The average relationship banker salary has fallen by $-4,175 over the last ten years. In 2014, the average relationship banker earned $41,266 annually, but today, they earn $37,091 a year. That works out to a -4% change in pay for relationship bankers over the last decade.
Compare relationship banker salaries for cities or states with the national average over time.
Average relationship banker salary over time
Compare relationship banker salaries for individual cities or states with the national average.
Relationship banker salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $37,100 | $17.83 | +3.9% |
| 2025 | $35,700 | $17.14 | -3.0% |
| 2024 | $36,700 | $17.65 | +0.5% |
| 2023 | $36,500 | $17.56 | -5.5% |
| 2022 | $38,500 | $18.53 | -6.3% |
Recently added relationship banker salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Nbtbancorp | Senior Relationship Banker | Williston, VT | 06/30/2025 | $41,135 |
| Nbtbancorp | Senior Relationship Banker | Mount Pocono, PA | 06/30/2025 | $41,135 |
| Nbtbancorp | Relationship Banker | Albany, NY | 06/30/2025 | $36,523 |
| Old National Bank | Market Relationship Banker-8501 W Higgins RD. Chicago, IL 60631 | Chicago, IL | 06/29/2025 | $35,479 |
| Old National Bank | Relationship Banker | Indianapolis, IN | 06/29/2025 | $35,479 |
| Old National Bank | Market Relationship Banker | Grand Forks, ND | 06/29/2025 | $35,479 |
| Old National Bank | Relationship Banker | Milwaukee, WI | 06/29/2025 | $35,479 |
| Southside Bank | Relationship Banker II | Austin, TX | 06/29/2025 | $42,262 |
| Bank of America | Relationship Banker | Arvada, CO | 06/28/2025 | $50,088 |
| M&T Bank | Relationship Banker | Syracuse, NY | 06/28/2025 | $38,756 |
Search for relationship banker jobs