How much does a Banker Associate make in the United States?
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The average Banker Associate salary in the United States is $34,493 as of October 01, 2024. The range for our most popular Banker Associate positions (listed below) typically falls between $30,052 and $38,934. Keep in mind that salary ranges can vary widely depending on many important factors, including position, education, certifications, additional skills, and the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Banker Associate's Annual Base Salary
| Job Title | Salary | Hourly Rate | Location | Date Updated |
| Associate Banker | $43,603 | $20.96 | United States | October 01, 2024 |
| Associate Private Banker | $80,764 | $38.83 | United States | October 01, 2024 |
| Personal Banker Associate | $104,055 | $50.03 | United States | October 01, 2024 |
| Associate Banker (Teller) | $43,673 | $21.00 | United States | October 01, 2024 |
| Associate Consumer Banker | $82,326 | $39.58 | United States | October 01, 2024 |
| Associate Universal Banker | $75,455 | $36.28 | United States | October 01, 2024 |
| Banker Associate Regional Resource Team | $71,048 | $34.16 | United States | October 01, 2024 |
| Banker | $104,055 | $50.03 | United States | October 01, 2024 |
| Retail Banker | $83,794 | $40.29 | United States | October 01, 2024 |
| Mortgage Banker | $123,951 | $59.59 | United States | October 01, 2024 |
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A Personal Banker Associate is responsible for providing exceptional customer service and financial guidance to clients. They assist clients with their banking needs, including opening accounts, processing transactions, and providing information on various banking products and services. Personal Banker Associates also work to identify and recommend appropriate financial solutions to meet the individual needs of clients, such as loans, credit cards, and investment products. They build and maintain strong relationships with clients, ensuring their satisfaction and loyalty to the bank. Additionally, Personal Banker Associates may also be responsible for meeting sales goals and targets set by the bank. View Personal Banker Associate Salary
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Mortgage bank is a bank that specializes in originating and/or servicing mortgage loans. In the US a mortgage bank is a state-licensed banking entity that makes mortgage loans directly to consumers. The difference between a mortgage banker and a mortgage broker is that the mortgage banker funds loans with its own capital. Generally, a mortgage bank originates a loan and places it on a pre-established warehouse line of credit until the loan can be sold to an investor, which are typically large institutions. The credit risk is typically absorbed by the Agencies, which include Fannie Mae, or Freddie Mac, and Ginnie Mae. The process of selling a loan from the mortgage bank to another investor is referred to as selling the loan on the secondary market. This is in contrast to the primary market, which for mortgages typically refers to the bank buying the mortgage deed of trust from the homeowner for the face amount of the loan, adjusted for discount points and other price adjustments. View Mortgage Banker Salary