Select banker vs personal banker

The differences between select bankers and personal bankers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a select banker and a personal banker. Additionally, a personal banker has an average salary of $37,639, which is higher than the $33,999 average annual salary of a select banker.

The top three skills for a select banker include customer relationships, cross-sell and client satisfaction. The most important skills for a personal banker are customer relationships, cross-sell, and customer satisfaction.

Select banker vs personal banker overview

	Select Banker	Personal Banker
Yearly salary	$33,999	$37,639
Hourly rate	$16.35	$18.10
Growth rate	10%	10%
Number of jobs	19,264	36,603
Job satisfaction	-	3
Most common degree	Bachelor's Degree, 72%	Bachelor's Degree, 59%
Average age	43	43
Years of experience	4	4

Select banker vs personal banker salary

Select bankers and personal bankers have different pay scales, as shown below.

	Select Banker	Personal Banker
Average salary	$33,999	$37,639
Salary range	Between $19,000 And $58,000	Between $29,000 And $48,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	Northern Trust
Best paying industry	-	Finance

Differences between select banker and personal banker education

There are a few differences between a select banker and a personal banker in terms of educational background:

	Select Banker	Personal Banker
Most common degree	Bachelor's Degree, 72%	Bachelor's Degree, 59%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Select banker vs personal banker demographics

Here are the differences between select bankers' and personal bankers' demographics:

	Select Banker	Personal Banker
Average age	43	43
Gender ratio	Male, 62.1% Female, 37.9%	Male, 44.6% Female, 55.4%
Race ratio	Black or African American, 5.9% Unknown, 4.2% Hispanic or Latino, 12.5% Asian, 9.6% White, 67.5% American Indian and Alaska Native, 0.2%	Black or African American, 5.4% Unknown, 4.1% Hispanic or Latino, 11.2% Asian, 12.2% White, 66.8% American Indian and Alaska Native, 0.2%
LGBT Percentage	6%	6%

Differences between select banker and personal banker duties and responsibilities

Select banker example responsibilities.

Manage a variety of internal initiatives including merchandising, cross-selling, customer retention programs and promotional campaigns.
Develop and maintain relationships with partners to maximize sales opportunities while using profiling analysis tools to identify expand opportunities.
Provide notary service upon request.

Personal banker example responsibilities.

Manage customer s portfolio while identifying cross-sell opportunities to increase acquisition of customer s financial and credit services.
Work one-on-one with clients to gather requirements and identify cross-selling opportunities and leverage customer leads and referrals to identify new prospects.
Certify as a public notary and international wire transfers.
Process consumer loan applications following approve guidelines, NMLS certify.
Identify and maximize new account sales and cross-sell opportunities, utilizing customer profiling to develop book of business.
Identify cross-sell opportunities, including opportunities to refer customers to other sales representatives through proper customer profiling and needs-base selling.

Select banker vs personal banker skills

Common select banker skills

Customer Relationships, 22%
Cross-Sell, 22%
Client Satisfaction, 16%
Client Issues, 16%
Relationship Management, 10%
Client Relationships, 7%

Common personal banker skills

Customer Relationships, 10%
Cross-Sell, 6%
Customer Satisfaction, 5%
NMLS, 5%
Bank Products, 5%
Financial Services, 5%

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Select Banker
Select Banker vs Personal Banker

Updated January 8, 2025

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