Salary for Branch or Department Financial Managers

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This occupation has now been updated to Financial Managers

Also known as:  Banking Center Manager, Banking Manager, City Comptroller, City Treasurer, Comptroller, Credit Manager, Financial Director, Financial Officer, Fiscal Manager, International Bank Manager

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Similar to treasurers and controllers, branch or department financial managers coordinate and/or direct financial activities. However, this job is more specific in that these employees only work in branches or sects of companies, offices banks or other similar organizations. To become a branch or department financial manager, a bachelor's degree is usually required, but not always. Related job experience is usually required as well.

A Financial Manager can receive salaries ranging between $70,830 and $208,000 based on the level of education. Financial Managers usually get an average wage of one hundred and fifty-one thousand five hundred and ten dollars yearly.

Financial Managers are compensated highest in New York, where they receive average job salaries of approximately $215,640. Employees in this career have the most lucrative average salary level in Information, where they earn salary pay of $179,290.

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The national wage distribution is shown below. To overlay local salaries for a Financial Manager, please select your state.
Annual salary
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Hourly rate
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SALARY TREND

The annual compensation for this career has gone up since 2004. Salaries have increased by an average of 68.93 percent nationwide in that time.

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INDUSTRIES

Branch or Department Financial Managers tend to make the most in the following industries:

Information
$179,290
Professional, Scientific, and Technical Services
$172,580
Management of Companies and Enterprises
$165,480
Mining, Quarrying, and Oil and Gas Extraction
$158,690
Real Estate and Rental and Leasing
$157,470
Utilities
$152,640

In general, they earn less within the industries below:

Public Administration
$118,300
Accommodation and Food Services
$122,910
Educational Services
$129,030
Construction
$131,180
Arts, Entertainment, and Recreation
$132,360
Health Care and Social Assistance
$133,560