As of April 01, 2025, the average annual salary for an SVP of Retail Banking in the United States is $276,222. Salary.com reports that pay typically ranges from $237,870 to $307,877, with most professionals earning between $202,953 and $336,697.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $307,877 | $25,656 | $5,921 | $148 |
| Average | $276,222 | $23,019 | $5,312 | $133 |
| 25th Percentile | $237,870 | $19,823 | $4,574 | $114 |
An entry-level SVP of Retail Banking with less than 1 year of experience earns about $252,753. With 1-2 years of experience, the average salary increases to $256,187. For 2-4 years of experience, the pay typically rises to $260,767. Senior-level professionals with 5-8 years of experience earn around $267,636, and those with over 8 years of experience can expect an average of $276,222.
| Levels | Salary |
|---|---|
| Entry Level SVP of Retail Banking | $252,753 |
| Intermediate Level SVP of Retail Banking | $256,187 |
| Senior Level SVP of Retail Banking | $260,767 |
| Specialist Level SVP of Retail Banking | $267,636 |
| Expert Level SVP of Retail Banking | $276,222 |
| Entry Level | 8% |
| Mid Level | 7% |
| Senior Level | 6% |
| Top Level | 3% |
| Experienced | 0% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of April 01, 2025, our research reveals a significant shift in SVP of Retail Banking compensation over the past six years. For example, the median salary increased from $226,600 in 2023 to approximately $227,250 in 2024. (For a detailed analysis of SVP of Retail Banking salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of SVP of Retail Banking information for you to search for. Click on search button below to see SVP of Retail Banking job openings or enter a new job title here.
Here are companies hiring for SVP of Retail Banking and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $276,222 | 77.1% | ||
| Bonus | $0 | 0.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $14,458 | 4.0% | ||
| 401K/403B | $11,750 | 3.3% | ||
| Disability | $2,210 | 0.6% | ||
| Healthcare | $6,056 | 1.7% | ||
| Pension | $13,750 | 3.8% | ||
| Time Off | $33,997 | 9.5% | ||
| Total Compensation | $358,442 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 8.8% |
| Associates | 13.2% |
| Bachelors | 47.1% |
| Masters | 25.0% |
| Doctorate | 5.9% |
What Am I Worth?
The average annual salary of SVP of Retail Banking is $276,222. In case you are finding an easy salary calculator, the average hourly pay of SVP of Retail Banking is $133; the average weekly pay of SVP of Retail Banking is $5,312; the average monthly pay of SVP of Retail Banking is $23,019.
An SVP of Retail Banking's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, an SVP of Retail Banking earns the most in San Jose, CA, where the annual salary of an SVP of Retail Banking is $348,399.
The highest pay for SVP of Retail Banking is $336,697.
The lowest pay for SVP of Retail Banking is $202,953.
Leads and directs all retail banking functions. Develops branch financial and service delivery performance goals and objectives and monitors results. Oversees branch administration and operations and establishes policies and procedures that drive efficient operations and regulatory compliance. Guides product development and implementation to provide profitable and competitive service offerings. Develops branch staff and management. Requires a bachelor's degree. Typically reports to top management. Manages a business unit, division, or corporate function with major organizational impact. Establishes/implements overall direction and strategic initiatives for the given major function or line of business. Typically requires 10+ years of progressive leadership experience. Has extensive knowledge of the overall departmental function.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Results Oriented: An individual or organization that focuses on outcome rather than process used to produce a product or deliver a service.
Inventory Management: Overseeing and controlling supplies and stock to ensure that an organization maintains an adequate stock quantity.
Omnichannel: Omnichannel (also spelled omni-channel) is a multichannel approach to sales that seeks to provide customers with a seamless shopping experience
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
