Universal banker salary: Universal Banker Salary (November 2022) – Zippia

Universal Banker Salary (November 2022) – Zippia

Updated August 22, 2022

$35,922yearly

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

$17.27 hourly

Entry level Salary

$27,000

yearly

$27,000

10 %

$35,922

Median

$46,000

90 %

How much does a Universal Banker make?

Universal bankers make $35,922 per year on average, or $17.27 per hour, in the United States. Universal bankers on the lower end of that spectrum, the bottom 10% to be exact, make roughly $27,000 a year, while the top 10% makes $46,000.

Location impacts how much a universal banker can expect to make. Universal bankers make the most in Hawaii, Rhode Island, Connecticut, Massachusetts, and New Hampshire.

Highest Paying State

Hawaii

Highest Paying City

Urban Honolulu, HI

Highest Paying Company

Affinity Credit Union

What Am I Worth?

Highest Paying State

Hawaii

Highest Paying City

Urban Honolulu, HI

Highest Paying Company

Affinity Credit Union

What Am I Worth?

Highest Paying States For Universal Bankers

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

• State View
• County View

Average Salary:

Universal Banker average salary by State

Rank	State	Avg. Salary	Hourly Rate	Job Count
1	Rhode Island	$43,489	$20.91	62
2	Ohio	$38,847	$18.68	688
3	Delaware	$41,361	$19. 89	63
4	Connecticut	$43,294	$20.81	126
5	Vermont	$41,508	$19.96	26
6	South Dakota	$37,872	$18.21	50
7	Massachusetts	$43,110	$20.73	286
8	New Hampshire	$42,492	$20.43	30
9	North Dakota	$38,117	$18.33	34
10	Pennsylvania	$37,991	$18.26	558
11	South Carolina	$37,858	$18.20	214
12	Kentucky	$37,834	$18.19	127
13	Maryland	$40,498	$19.47	266
14	Nevada	$39,657	$19.07	54
15	Indiana	$36,261	$17.43	322
16	Hawaii	$47,338	$22. 76	20
17	Maine	$39,263	$18.88	36
18	New York	$39,246	$18.87	663
19	California	$40,125	$19.29	1,113
20	Montana	$37,788	$18.17	36
21	West Virginia	$38,511	$18.51	22
22	Michigan	$36,017	$17.32	300
23	Arizona	$37,137	$17.85	230
24	Louisiana	$38,306	$18.42	89
25	Wisconsin	$35,224	$16.93	227
26	New Jersey	$36,376	$17.49	480
27	Wyoming	$34,723	$16.69	27
28	Alabama	$34,614	$16.64	173
29	Utah	$37,067	$17. 82	63
30	North Carolina	$35,548	$17.09	333
31	District of Columbia	$40,215	$19.33	36
32	Oregon	$35,581	$17.11	159
33	Idaho	$35,880	$17.25	51
34	Texas	$35,363	$17.00	699
35	Washington	$36,656	$17.62	221
36	Florida	$35,254	$16.95	597
37	Minnesota	$35,963	$17.29	136
38	Tennessee	$34,596	$16.63	167
39	Virginia	$36,845	$17.71	248
40	Colorado	$34,554	$16.61	239
41	Georgia	$34,581	$16.63	320
42	New Mexico	$35,309	$16. 98	33
43	Oklahoma	$34,435	$16.56	81
44	Arkansas	$34,432	$16.55	43
45	Illinois	$32,442	$15.60	533
46	Alaska	$33,578	$16.14	14
47	Kansas	$31,642	$15.21	110
48	Missouri	$31,355	$15.07	214
49	Iowa	$32,021	$15.39	84
50	Nebraska	$30,270	$14.55	75
51	Mississippi	$30,545	$14.69	35

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Top Universal Banker Jobs Near You

Highest Paying Cities For Universal Bankers

Rank	City	Avg. Salary	Hourly Rate
1	Urban Honolulu, HI	$47,363	$22.77
2	Newtown, CT	$43,291	$20.81
3	Boston, MA	$43,077	$20.71
4	Burlington, VT	$41,285	$19.85
5	Dundalk, MD	$40,723	$19.58
6	Washington, DC	$40,255	$19.35
7	San Francisco, CA	$40,075	$19. 27
8	New York, NY	$39,334	$18.91
9	Wooster, OH	$39,095	$18.80
10	Lake Charles, LA	$38,515	$18.52
11	Philadelphia, PA	$38,384	$18.45
12	Seattle, WA	$36,734	$17.66
13	Teaneck, NJ	$36,600	$17.60
14	Richmond, VA	$36,598	$17.60
15	Minneapolis, MN	$35,956	$17.29

Universal Banker Salary Details

Average Universal Banker Salary Graph, Trends, and Summary

What is a Universal Banker’s Salary?

Average Salary By Related Titles

Job Title	Annual Salary	Monthly Salary	Hourly Rate	Job Openings
New Accounts Representative	$36,918	$3,077	$17. 75	133,070
Banking Services Clerk	$31,635	$2,636	$15.21	137,955
Bank Representative	$34,417	$2,868	$16.55	105,192
Personal Banking Representative	$33,833	$2,819	$16.27	41,795
Relationship Banker	$37,091	$3,091	$17.83	34,587
Banker	$44,463	$3,705	$21.38	29,725

Here are the five companies hiring the most now:

1. First National of Nebraska Jobs (24)
2. Santander Bank Jobs (117)
3. BMO Harris Bank Jobs (145)
4. Associated Bank Jobs (87)
5. Huntington National Bank Jobs (77)

Which Companies Pay Universal Bankers The Most?

The highest paying companies for universal bankers are Affinity Credit Union and Westerra Credit Union according to our most recent salary estimates. In addition, companies like Tech Credit Union and 1st United Credit Union report highly competitive wages for universal bankers.

Universal Banker Salary Trends

The salary for a universal banker can vary depending on the years of experience that a person has, from entry level to senior level. An accountant with 0-2 years of experience earns an average salary of $28,918, a mid-career professional with 3-6 years of experience makes $35,922 a year on average, and a senior level accountant with 7-12 years of experience enjoys an average annual salary of $43,227. Data on how experience level affects total compensation is provided by the Bureau of Labor Statistics (BLS) as part of their National Compensation Survey, which is based on factors such as knowledge, complexity, contacts, and environment.

Entry Level

Senior Level

Average Universal Banker Salary Over Time

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

Recently Added Universal Banker Salaries

Universal Banker Salaries FAQs

What State Pays Universal Bankers The Most?

Hawaii pays Universal Bankers the most in the United States, with an average salary of $47,338 per year, or $22. 76 per hour.

How Do I Know If I’m Being Paid Fairly As A Universal Banker?

You know if you are being paid fairly as a Universal Banker if your pay is close to the average pay for the state you live in. For example, if you live in Rhode Island you should be paid close to $43,489 per year.

What Type Of Universal Banker Gets Paid The Most?

Senior Personal Banker gets paid the most. Senior Personal Banker made a median salary of $48,641. The best-paid 10 percent make $73,000, while the lowest-paid 10 percent make $32,000.

Have more questions? See all answers to common office and administrative questions.

Search For Universal Banker Jobs

Updated August 22, 2022

Universal Banker Salary (Actual 2022 | Projected 2023)

Salary

Universal Banker
Salary in The United States

4.6

62
votes
for Universal Banker Salary

The average Universal Banker Salary in The United States is $40,000 per year. Salaries range from $32,000 to $52,600.
The average Universal Banker Hourly Wage is $13.00 per hour. Hourly wages range from $10.00 to $17.10.
Salaries and wages depend on multiple factors including geographic location, experience, seniority, industry, education etc.

What is the

Average Annual Salary of Universal Banker in The United States?

$40,000
/ year

Avg. Salary (USD)

Salary	Annual Compensation
Highest Salary of Universal Banker in The United States	$52.6k
Average Salary of Universal Banker in The United States	$40.0k
Lowest Salary of Universal Banker in The United States	$32. 0k

What is the

Average Hourly Wage of Universal Banker in The United States?

$13.00
/ hour

Avg. Hourly Wage (USD)

Where do

Universal Bankers earn more in The United States?

Where do

Universal Bankers earn more in The United States?

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How much Swiss bankers earn – Askhat Mamytov on vc.ru

The year of Coronacrisis 2020 showed which Swiss banks were able to benefit from market fluctuations and which were not. As the analysis published on the finews.ch portal shows, this directly affected the salaries of bank employees.

439
views

All Swiss banks have successfully survived 2020, marked by the coronavirus pandemic and strong fluctuations in the stock market. But some banks have been better able to take advantage of the opportunities offered by retail and private banking.

These were, for example, UBS, Zürcher Kantonalbank (ZKB) and Julius Baer. By contrast, Credit Suisse (CS) and Vontobel performed underperforming. At least partially, this can be seen in the salaries of bankers.

Permanent Leader

According to Finews.ch’s annual estimate based on personnel costs, the average full-time annual salary at CS and Vontobel has fallen significantly; namely almost CHF 7,000 in CS and almost CHF 4,000 in Vontobel.

At UBS, higher bonuses resulted in a significant increase in the total average compensation per employee by CHF 6,300. In the ZKB, this growth even amounted to 18,000 francs.

In 2020, nothing has changed in the “ranking” of banks with the highest average wages: the sole leader is Vontobel bank with an average payout per employee of CHF 317,618, followed by UBS with CHF 240,723 and almost same level as Julius Baer from 240 539francs.

Behind them are CS and ZKB, with the banks reversed from the previous survey: the state bank now pays an average wage of CHF 217,375. In CS, it is still 202,789 francs, further highlighting the downward trend in wages in 2020 at the second largest Swiss bank.

For comparison, in 2015, the average annual salary of a CS employee was almost 240,000 Swiss francs.

Gift for employees from ZKB

The opposite trend is observed in ZKB. In the state bank, salary costs per employee grew from year to year: in 2015, bankers received an average of 183,000 francs – now it is 34,000 francs more. At the annual media conference in early 2021, ZKB management stated that the increase in personnel costs is due to the payment of higher bonuses.

The higher staff costs in 2020 are largely due to the CHF 46 million anniversary bonus that was decided to be paid last year, a ZKB spokeswoman clarified. It was a one-time effect.

As a reminder, the Zürcher Kantonalbank celebrated its 150th anniversary in 2020. As part of his anniversary, he also took into account his employees and paid them a one-time anniversary bonus. The amount was based on the number of years of service and workload and did not depend on the rank and position.

At the same time, the steady trend towards greater income diversification in ZKB led to a premiere: for the first time, income – thanks to high new money inflows and a trading boom – from asset management and investment banking was higher than the income from the classic differential interest business.

Final rating

based on Finews.ch materials

Banking slang, or Learn to speak “correctly”

publication date: 06/14/2013

This legal entity has a loan body of 15,000,000 euros,
if it is in the III or IV0 quality category8,
then we’ll crash the capital and we won’t fit into H6.

(From a conversation between two bankers)

Development in any professional field leads to the fact that a person begins to speak a special language, often incomprehensible to others. Advertisers, traders, recruiters, doctors, military and sportsmen have their own specific language of communication. Travel agents, restaurateurs, musicians, IT specialists, accountants also prefer to communicate with each other in a language that is far from being understood in other professional fields. Some of the words of professional slang become everyday in everyday life, some words are used by several professions at once, and some remain purely professional slang.

Now you will not surprise anyone with the word “claudia”, which means a keyboard, and not a girl’s name at all, and “soap” more often means e-mail than the usual hygiene product.

We all know that firewood, iron and wallpaper are not building materials, but device drivers, computer internals and desktop background. Football players get mustard plasters, and when shooting, you can get into the milk! Florists regularly “cut off the legs” (that is, cut the stems of flowers), sailors go down the ladder, sit on the bank (seat, bench), cook in the galley (ship kitchen), drivers turn the steering wheel, and railway workers put a shoe under the wheels.

The banking sector also cannot do without its own professional slang : the need to quickly and accurately identify the problem, to succinctly but briefly formulate the task, ask a question, clarify the situation makes bank employees always in a hurry to speak in terms that are far from being understood by ordinary people. Regular changes in banking legislation, the constant introduction of new banking services, the continuous process of recording transactions, the rapid development of banking technologies, the borrowing of terms from foreign languages ​​gives an incentive to the development of a special banking language of communication.

Flipping through professional vocabulary dictionaries is interesting and informative. In addition to purely professional terms, there are abbreviations, abbreviations, alphanumeric designations, and funny words that have developed in practice, but do not officially exist in the Russian language.

A bank employee will never say: “An employee of the reporting department asks the retail lending department to provide information on loans issued under the Car Loan program for the period from 06/01/2013 to 06/30/2013. Instead, the bank clerk will quickly say, “Reporters are asking creditors for info on autos for June.” Or even shorter: “Give reporters a portfolio of autos for June.” Fast, clear, understandable! Specialists of different departments of the bank, of course, are named exclusively according to the area of ​​their professional activity: creditors, accountants, risk workers, salesmen, currency traders, treasurers, traders, IT specialists… “Plastics” are not only bank cards, but also the employees of the department plastic cards! To ask in “securities” means to ask the employees of the securities department. And the employees of the department for operations with precious metals can easily be called “dredges”! It also happens that the same word in different regions of the country can have meanings that are far from each other: the same “avtik” in one region can mean a car loan, in another – the name of the automation department, and in the third it will cause bewilderment, since it does not is used at all. Great and mighty is the banking language!

And, of course, salespeople “go to the fields” in search of clients, treasurers monitor posture (monitor the payment position), conclude transactions on the interbank market (attract or provide interbank loans), sell foreign currency to Sberbank (i.e. Sberbank), creditors issue needs (consumer loans are too long), draw orders for issuing loans (all work in the bank is based on orders), sign additional agreements for overs (conclude additional agreements to the bank account agreement on the provision of a loan with a lack of funds in the current account – what is called , feel the difference!), tellers serve lawyers and physicists (probably no longer need to decipher), as well as non-rez (that is, non-residents), start payments (i.e. enter the data of settlement documents into a special banking program), spank memriks or even mymriks (i.e. draw up various transactions and transactions with memorial orders), draw up receipts and consumables (these are special cash documents nt), reporters prepare reports for the Central Bank and the Head. In general, work in the bank is in full swing, and everyone is busy with their own business! And if there is an urgent task that needs to be completed as soon as possible, then the bank says that the deadline for completing this task is “yesterday”.

The banking sector is developing very rapidly and many professional terms that have no analogues in Russian are borrowed from foreign languages, undergoing changes in the Russian manner. We talk daily about acceptances, beneficiaries, insiders, overnights, swifts, embossing and acquiring. Moreover, bank employees, being carriers of banking slang , very often use abbreviations in speech, both native, domestic and foreign (for example: FOR, RVPS, RCC, RKO or ATM, IBAN, SWIFT), appeal to numbers regulations (for example: 385-P, 254-P, 139-I, 161-FZ) and to the numbers of reporting forms (for example, form 101, 202, 134, 135), as a result of which the banker’s speech becomes absolutely incomprehensible to the layman or novice.

Bankers like to speak in numbers of normative acts and laws, immediately understanding what norm or area of ​​regulation they are talking about, sometimes they just speak in numbers, and sometimes the speech of a banking specialist very often consists exclusively of abbreviations, which themselves add up to whole sentences! Honestly, the bankers don’t even notice that they are talking in slang!

Banking slang is not at all a subject of some special professional pride, and certainly not an element of importance or ambition, it is a language that is steadily used in the professional banking environment, a necessity caused by the high speed of work and the inability to speak fully and in detail, to this The bank just doesn’t have time. You quickly get used to slang, it is an objective reality, an established practice. But, without getting into the bank, you will not recognize and understand, in fact, this language. And once you get to the bank, you will certainly begin to speak slang yourself.

However, even within the same bank, employees of neighboring departments speak different “languages”. For example, the language of communication of bank accountants very often consists of words that may not be easily understood by other departments. In the everyday life of the accounting service, such concepts as “interbranch” (settlements on accounts opened within the bank for branches), “incomplete” (this is when money transferred through correspondent accounts, for example, does not have time to be credited to customer accounts, then they “hang on incomplete”) or “unexplained” (payments that cannot be credited to the account due to errors in the settlement document). Someone is responsible for reflecting operations on loans, deposits, plastic cards in the bank’s balance sheet, then the favorite words are: off-balance, over and tech-over, chargeback, front-end, synthetics and analytics. By the way, don’t be surprised when you hear the unusual word “national cover” – it just means the ruble equivalent of any currency.