Bank Branch Managers

Employment for branch managers should only be fair in coming years. The popularity of mobile and online banking has reduced the types of transactions formerly handled by bank branches and live tellers. For example, more consumers were using mobile phones to photograph and deposit paper checks instead of visiting their local branch. Additionally, video kiosks and enhanced ATMs capable of issuing debit cards and performing other higher-level tasks resulted in smaller staffs at existing branches. Between 2022 and 2032, the U.S. Department of Labor anticipates that employment of bank tellers will plummet 15 percent, resulting in the loss of 52,900 jobs. As banks scale back their employees and locations (in many areas), branch managers will be impacted.