Average Salary
$41,506
Average Salary
Job Growth Rate
8%
Job Growth Rate
Job Openings
14,765
Job Openings

Savings Counselor Careers

There is more than meets the eye when it comes to being a savings counselor. For example, did you know that they make an average of $19.95 an hour? That's $41,506 a year!

Between 2018 and 2028, the career is expected to grow 8% and produce 24,300 job opportunities across the U.S.

What Does a Savings Counselor Do

There are certain skills that many savings counselors have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed detail oriented, initiative and interpersonal skills.

When it comes to the most important skills required to be a savings counselor, we found that a lot of resumes listed 27.1% of savings counselors included financial statements, while 9.7% of resumes included new customers, and 7.1% of resumes included bank products. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the savings counselor job title. But what industry to start with? Most savings counselors actually find jobs in the finance and retail industries.

How To Become a Savings Counselor

If you're interested in becoming a savings counselor, one of the first things to consider is how much education you need. We've determined that 51.1% of savings counselors have a bachelor's degree. In terms of higher education levels, we found that 5.0% of savings counselors have master's degrees. Even though most savings counselors have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a savings counselor. When we researched the most common majors for a savings counselor, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on savings counselor resumes include high school diploma degrees or master's degree degrees.

You may find that experience in other jobs will help you become a savings counselor. In fact, many savings counselor jobs require experience in a role such as customer service representative. Meanwhile, many savings counselors also have previous career experience in roles such as teller or cashier.

What is the right job for my career path?

Tell us your goals and we'll match you with the right jobs to get there.

Average Salary
$41,506
Average Salary
Job Growth Rate
8%
Job Growth Rate
Job Openings
14,765
Job Openings

Savings Counselor Career Paths

Top Careers Before Savings Counselor

Teller
10.7 %
Cashier
8.3 %

Top Careers After Savings Counselor

Savings Counselor Jobs You Might Like

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Savings Counselor Demographics

Gender

female

70.4 %

male

24.3 %

unknown

5.3 %

Ethnicity

White

68.4 %

Hispanic or Latino

14.4 %

Black or African American

8.6 %

Foreign Languages Spoken

Spanish

75.0 %

Russian

12.5 %

Portuguese

12.5 %
Show More Savings Counselor Demographics

Savings Counselor Education

Majors

Business
27.6 %
Finance
8.2 %

Degrees

Bachelors

51.1 %

Associate

26.2 %

High School Diploma

12.1 %

Top Colleges for Savings Counselors

1. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

2. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

3. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

4. Maine Maritime Academy

Castine, ME • Private

In-State Tuition
$13,478
Enrollment
979

5. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

6. California State University - Bakersfield

Bakersfield, CA • Private

In-State Tuition
$7,309
Enrollment
9,142

7. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990

8. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

9. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Enrollment
30,018

10. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177
Show More Savings Counselor Education Requirements

Online Courses For Savings Counselor That You May Like

Student Loan Counselor (Exam Included)
ed2go

Student Loan Counselor (Exam Included)...

Accounting, Bookkeeping, & Financial Statements: Zero to Pro
udemy
4.4
(2,774)

3 courses in 1 - Basic Bookkeeping to Advanced Financial Accounting and Financial Statements Preparation in just 8 hours...

Certified Credit Counselor and Certified Financial Health Counselor (Exam Included)
ed2go

Certified Credit Counselor and Certified Financial Health Counselor (Exam Included)...

See more
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Savings Counselor

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 27.1% of savings counselors listed financial statements on their resume, but soft skills such as detail oriented and initiative are important as well.

  • Financial Statements, 27.1%
  • New Customers, 9.7%
  • Bank Products, 7.1%
  • Customer Transactions, 6.4%
  • Credit Reports, 5.7%
  • Other Skills, 44.0%
  • See All Savings Counselor Skills

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Top Savings Counselor Employers

1. Ridgewood Savings Bank
4.3
Avg. Salary: 
$44,220
Savings Counselors Hired: 
19+
2. Third Federal Savings and Loan Association of Cleveland
4.2
Avg. Salary: 
$44,695
Savings Counselors Hired: 
7+
3. First Federal Savings & Loan Association of McMinnville
3.8
Avg. Salary: 
$41,708
Savings Counselors Hired: 
4+
4. Prospect Bank
3.0
Avg. Salary: 
$40,071
Savings Counselors Hired: 
2+
5. TCF Bank
4.7
Avg. Salary: 
$41,142
Savings Counselors Hired: 
2+
6. Yakima Federal Savings and Loan association
2.6
Avg. Salary: 
$39,709
Savings Counselors Hired: 
2+
Updated August 18, 2021