Banker Salary in Richmond, Virginia

How much does a Banker make in Richmond, VA?

As of April 01, 2025, the average annual salary for a Banker in Richmond, VA is $102,341. According to Salary.com, salaries can range from a low of $78,181 to a high of $135,684, with most professionals earning between $89,695 and $119,794.

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Salary range for a Banker

$89,695 to $119,794

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Banker

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Job Openings for Banker in Richmond, VA

What does a Banker do?

Common responsibilities of a Banker

Maintains compliance with established internal operational standards and Federal and State regulations to protect the interest of the Bank and customers.

January 16, 2023

Building relationships with customers through proactive outreach and follow up, asking questions and learning about their financial needs.

January 24, 2023

Actively managing their banking relationship through an advice-based approach and ensuring each client receives the best products, services for his or her needs.

March 06, 2023

Utilizes contact management system by notating what was learned both financially and personally and will continue to build on customer relationships through follow-up.

March 16, 2023

Operates within established risk parameters/tolerances, and meets internal/external risk and compliance obligations, including completion of required training.

March 28, 2023

Participates with immediate supervisor and training department representative in development of a personal job training schedule, with consideration given to education and previous work background.

May 07, 2023

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Banker Salary By Experience Levels in Richmond, VA

How much should you be earning in Banker in Richmond, VA based on your current experience?

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Banker Salary By Level of Education in Richmond, VA

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Banker in Richmond, VA

Average Base Salary

Core compensation

89695

119794

102341

Average Total Cash Compensation

Includes base and annual incentives

98881

136116

115500

What is the average salary for Banker in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Banker in Richmond, VA. The base salary for Banker ranges from $89,695 to $119,794 with the average base salary of $102,341. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $98,881 to $136,116 with the average total cash compensation of $115,500.

View Average Salary for Banker as table

	Average Salary	Average Salary Range
Base Salary	$102,341	$89,695 - $119,794
Bonus	$13,159	$9,186 - $16,322
Total Pay	$115,500	$98,881 - $136,116

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Banker Salary Near Richmond, VA

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Richmond, VA
CITY, STATE Petersburg, VA	AVERAGE SALARY RANGE $89,418 - $119,425	COMPARE TO Richmond, VA
CITY, STATE Virginia State University, VA	AVERAGE SALARY RANGE $89,418 - $119,425	COMPARE TO Richmond, VA
CITY, STATE Newport News, VA	AVERAGE SALARY RANGE $86,644 - $115,720	COMPARE TO Richmond, VA
CITY, STATE Hampton, VA	AVERAGE SALARY RANGE $86,644 - $115,720	COMPARE TO Richmond, VA
CITY, STATE Suffolk, VA	AVERAGE SALARY RANGE $86,312 - $115,277	COMPARE TO Richmond, VA
CITY, STATE Portsmouth, VA	AVERAGE SALARY RANGE $86,451 - $115,461	COMPARE TO Richmond, VA

See salaries for Banker in locations close to Richmond, VA. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Richmond, Virginia

Richmond (/ˈrɪtʃmənd/) is the capital of the Commonwealth of Virginia in the United States. It is the center of the Richmond Metropolitan Statistical Area (MSA) and the Greater Richmond Region. Richmond was incorporated in 1742 and has been an independent city since 1871. As of the 2010 census, the city's population was 204,214; in 2016, the population was estimated to be 223,170, making Richmond the fourth-most populous city in Virginia. The Richmond Metropolitan Area has a population of 1,260,029, the third-most populous metro in the state. Richmond is located at the fall line of the James R...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

View Salary for Similar Jobs to Banker in Richmond, VA

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Retail Banker	LOCATION Richmond, VA	MINIMUM SALARY $72,458	MAXIMUM SALARY $91,558
JOB TITLE Mortgage Banker	LOCATION Richmond, VA	MINIMUM SALARY $103,542	MAXIMUM SALARY $122,520
JOB TITLE Business Banker	LOCATION Richmond, VA	MINIMUM SALARY $57,861	MAXIMUM SALARY $74,225
JOB TITLE Commercial Banker	LOCATION Richmond, VA	MINIMUM SALARY $47,600	MAXIMUM SALARY $59,735
JOB TITLE Personal Banker	LOCATION Richmond, VA	MINIMUM SALARY $89,695	MAXIMUM SALARY $119,794
JOB TITLE Investment Banker	LOCATION Richmond, VA	MINIMUM SALARY $67,248	MAXIMUM SALARY $92,284

The Banker job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Richmond, VA that might be a good fit for the type of job and salary you are looking for.

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