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Banking Associate Jobs in Rochester, MN (NOW HIRING)

Must demonstrate a high level of professionalism and financial/banking industry knowledge, superior client service, and the ability to interact with clients and associates at all levels. * NMLS ...

Universal Banker I

Rochester, MN ยท On-site

$21.01 - $24.66/hr

Banking experience is a plus. Working hours for this position will vary to cover branch hours, including a Saturday morning rotation. This position will work at the Rochester-Green Meadows office ...

Relationship Banker

Saint Charles, MN ยท On-site

$17 - $29.75/hr

Markets a full range of consumer and small business banking services to existing and prospective clients through proactive techniques such as lobby engagement, outbound telephone calls, marketing ...

Relationship Banker

Rochester, MN ยท On-site

$17 - $29.75/hr

Markets a full range of consumer and small business banking services to existing and prospective clients through proactive techniques such as lobby engagement, outbound telephone calls, marketing ...

Markets a full range of consumer and small business banking services to existing and prospective clients through proactive techniques such as lobby engagement, outbound telephone calls, marketing ...

Relationship Banker

Saint Charles, MN ยท On-site

$17 - $29.75/hr

Markets a full range of consumer and small business banking services to existing and prospective clients through proactive techniques such as lobby engagement, outbound telephone calls, marketing ...

Relationship Banker

Rochester, MN ยท On-site

$17 - $29.75/hr

Markets a full range of consumer and small business banking services to existing and prospective clients through proactive techniques such as lobby engagement, outbound telephone calls, marketing ...

Relationship Banker

Saint Charles, MN ยท On-site

$17 - $29.75/hr

Markets a full range of consumer and small business banking services to existing and prospective clients through proactive techniques such as lobby engagement, outbound telephone calls, marketing ...

Personal Banker Rochester, MN

Rochester, MN ยท On-site

$19.50 - $24/hr

Wells Fargo is seeking an Associate Personal Banker (SAFE) to join our National Branch. In this frontline role, you will build relationships with customers by supporting everyday banking needs ...

Universal Banker I

Rochester, MN ยท On-site

$18.25 - $22.75/hr

Banking experience is a plus. Working hours for this position will vary to cover branch hours, including a Saturday morning rotation. This position will work at the Rochester-Green Meadows office ...

Universal Banker I

Rochester, MN

$18.25 - $22.75/hr

Banking experience is a plus. Working hours for this position will vary to cover branch hours, including a Saturday morning rotation. This position will work at the Rochester-Green Meadows office ...

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Banking Associate information

See Rochester, MN salary details

$24.8K

$129.5K

$284.8K

How much do banking associate jobs pay per year?

As of Jun 23, 2026, the average yearly pay for banking associate in Rochester, MN is $129,501.00, according to ZipRecruiter salary data. Most workers in this role earn between $38,500.00 and $194,900.00 per year, depending on experience, location, and employer.

What are Banking Associates?

Banking Associates are entry- to mid-level professionals in banks or financial institutions who assist clients with their banking needs and support various operations, such as account management, loan processing, and customer service. They serve as the first point of contact for customers, handling inquiries, resolving issues, and ensuring compliance with regulatory requirements. Banking Associates often work alongside branch managers and other banking staff to provide seamless financial services and may also assist in sales and cross-selling of banking products.

What do banking associates do?

Banking associates assist customers with account transactions, provide information about banking products, and support daily branch operations. They often handle tasks such as opening accounts, processing deposits and withdrawals, and ensuring compliance with banking regulations, typically requiring good customer service skills and familiarity with banking software.

How much do bank associates earn?

Bank associates typically earn an average salary ranging from $30,000 to $50,000 per year, depending on experience, location, and the size of the bank. Entry-level positions may start lower, while experienced associates or those with specialized skills can earn higher wages. Compensation may also include bonuses and benefits such as health insurance and retirement plans.

What are some typical challenges Banking Associates face during their first year, and how can they overcome them?

Banking Associates often encounter a steep learning curve in their first year, especially when adapting to fast-paced environments and complex financial products. They may face challenges in managing multiple client accounts, meeting strict deadlines, and mastering industry-specific software. To overcome these hurdles, it's important to proactively communicate with team members, seek mentorship from more experienced colleagues, and take advantage of training resources provided by the bank. Building strong organizational skills and staying detail-oriented will also help Banking Associates succeed and grow within the role.

What is the difference between Banking Associate vs Bank Teller?

AspectBanking AssociateBank Teller
Required CredentialsHigh school diploma or equivalent; some roles may prefer associate degreeHigh school diploma or equivalent
Work EnvironmentOffice setting, handling client accounts, administrative tasksBranch counter, direct customer service
Employer & Industry UsageCommercial banks, credit unions, financial institutionsRetail banking branches, financial institutions
Common Search & ComparisonCustomer service, banking operations, financial productsCash handling, customer transactions, account inquiries

While both roles involve customer interaction within banking, Banking Associates typically handle a broader range of financial services and administrative tasks, often requiring more specialized knowledge. Bank Tellers focus primarily on cash transactions and basic customer service at the branch counter. Understanding these differences helps job seekers identify the right role based on their skills and career goals.

What are the key skills and qualifications needed to thrive as a Banking Associate, and why are they important?

To thrive as a Banking Associate, you need a solid understanding of financial products, customer service, and sales principles, often backed by a bachelor's degree in finance, business, or a related field. Familiarity with banking software, CRM systems, and compliance tools is typically required. Strong interpersonal skills, attention to detail, and problem-solving abilities set top performers apart in this role. These skills are essential for delivering excellent customer experiences, ensuring regulatory compliance, and achieving business targets within a competitive banking environment.

What is the highest paying job in banking?

The highest paying roles in banking are typically executive positions such as Chief Executive Officer (CEO), Chief Financial Officer (CFO), or Chief Investment Officer (CIO), which require extensive experience, leadership skills, and advanced financial knowledge. Investment banking roles like Managing Director or Senior Vice President also offer high compensation, often including bonuses and incentives. These positions usually demand advanced degrees, certifications, and a strong track record in finance and management.

What is the lowest position at a bank?

The lowest position at a bank is typically a teller or bank clerk, responsible for handling customer transactions and basic banking services. These entry-level roles often require minimal experience and serve as a starting point for a banking career, with opportunities for advancement through experience and additional training.
What are the most commonly searched types of Banking jobs in Rochester, MN? The most popular types of Banking jobs in Rochester, MN are:
What cities near Rochester, MN are hiring for Banking Associate jobs? Cities near Rochester, MN with the most Banking Associate job openings:
Intermediate Business Banking Associate

Intermediate Business Banking Associate

Minnwest Bank

Rochester, MN โ€ข On-site

$22.40 - $25.20/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

This job post hasย expired today.ย Applications are no longer accepted.


Job description

About Minnwest: Minnwest is a family owned, community bank based in Minnesota and South Dakota. We believe our success is measured by the extent in which we have a positive impact on the communities we serve. We are committed to building strong, vibrant communities through our core values:

  • The customer is the first priority.
  • We will keep all of the commitments we make.
  • We are the people who get things done.
  • We will work together as a team.

Job Summary: Minnwest Bank is seeking a full-time Business Banking Associate for our Rochester (DT) location. This administrative position has a critical role in providing Minnwest Bank customers with a professional and courteous customer experience. BBAs facilitate the interaction between the customer and bankers (officers, loan operations, analysts, etc.) to ensure the customer receives a rapid response, an errorโ€free process, consistent communication, and a professional experience that is both friendly and positive. As a front-line position, you are the face of the bank to many of our customers. You will be expected to communicate well, be professional in all your activities, be optimistic and constructive in your dealings, and demonstrate tenacity and drive in solving customer issues.

Duties and Responsibilities (including but not limited to):

  • Answer routine telephone and mail inquires, including interest paid and due, loan payoffs, and verification of payments.
  • Receive and initiate the loan workflow with customer information for proposed loans and continue to guide them through the loan process:
    • Order pre and post Title work, flood determinations, appraisals, phase 1, UCC searches etc. as needed
    • Complete loan input worksheets and order loan documents
    • Process advances, wires, etc. for disbursement and payment of fees after loan closing
    • Organize and maintain customer files and records according to established procedures and retention guidelines.
    • Process loan checklists, eligibility checklists and paid note files
  • Effectively collaborate with Loan Operations Specialists to ensure rapid customer response, an error-free process, and a smooth customer experience.
  • Assist other BBAs within the company as needed.
  • Cross-sell bank related products and services.

Minimum Requirements:

  • High School diploma or equivalent
  • 6 months of customer service
  • Basic reading, writing, and mathematical skills
  • Ability to communicate with customers and coworkers in a clear, effective professional manner.
  • Willing to continuously learn and grow within the organization.

Preferred Qualifications:

  • Some college or 2 years related experience
  • 1 to 2 years of experience in loan operations, loan assistant, or in a loan department
  • Ability to multi-task, be organized, effective time management and ability to communicate with customers in a professional manner.
  • Proficient computer sills
  • Is able to work alone or within a team setting.
  • Strong mathematical and problem-solving skills.

Schedule: Monday - Friday: 8:00 am - 5:00 pm

Workplace Environment:

  • Requires face-to-face interaction and coordination of work with customers, other employees and departments, and in-person interaction.
  • Working at a computer and utilizing a telephone
  • Occasionally lifting up to 50lbs

Pay Range: $22.40 - $25.20/hour

The pay range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. The salary range represents anticipated base pay for this role. The actual pay offered will consider internal equity and may vary based on factors including but not limited to work location, candidateโ€™s job-related knowledge, skills, and experience, among other factors.

Minnwest Benefits: In addition to salary, Minnwest Bank offers a comprehensive benefits package, including incentive and recognition programs. Minnwest Bank is focused on taking care of our employees and their families, and supporting their health and financial well-being, including:

  • Comprehensive Medical, Vision and Dental Insurance
  • Retirement savings including 401(k) with Employer Match and Employee Stock Ownership Plan (ESOP)
  • Paid Holidays and Competitive Paid Vacation Days
  • Paid Parental Leave
  • Short- and Long-Term Disability
  • Life, Critical Illness, and Accidental Insurance
  • Tuition Reimbursement and Career Development Opportunities
  • Employee Assistance Program (EAP)
  • Paid Time Off to volunteer in your community
  • Opportunities to connect with others through our diversity and inclusion focused Employee Resource Group

All benefits are subject to eligibility requirements.

A full background check, including federal, state, county, and civil, and general financial credit check will be conducted on the final candidate for this position. Candidate must pass the background check and financial credit check in order to obtain employment with Minnwest. Failure to meet any of the requirements may result in a rescission or your offer of employment.

EEO: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.