Salary

Average Salary: $56,000

Expected Lifetime Earnings: $2,337,888


If you wanted the big bucks, you should have gone into investment banking. While a financial manager makes above $100,000 per year, a commercial bank owner makes half that (source). The median salary of a commercial bank owner is $56,000 (source). In other words, you won't be struggling to make ends meet, but you're not going to have a private yacht either.

The benefits are good, though; roughly 90% of bank managers have some form of medical coverage and over 80% have dental coverage (source). Salaries also vary from bank to bank: if you're looking to beef up your paycheck, you can find the highest salaries at J.P. Morgan Chase, where the median salary is $77,000. Chase Bank (at $72,000) and Bank of America (at $69,000) aren't too stingy, either.

The high-end salary for most commercial banks, though, is $66,000 (source). That'll get you a nice house, two cars, and a great vacation in Italy every few years. It ain't too bad, Shmoopers.