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Career and Education Opportunities for Banking Managers in South Dakota

South Dakota has a population of 812,383, which has grown by 7.62% over the past decade. Nicknamed the "Mount Rushmore State," its capital is Pierre, though its biggest city is Sioux Falls.

There are currently 710 jobs for banking managers in South Dakota and this is projected to grow by 19% to about 840 jobs by 2016. This is better than the national trend for banking managers, which sees this job pool growing by about 7.7% over the next eight years. Banking managers generally direct and coordinate financial activities of workers in a branch, office, or department of an establishment, such as branch bank, brokerage firm, risk and insurance department, or credit department.

The income of a banking manager is about $45 hourly or $94,840 yearly on average in South Dakota. In the U.S. as a whole, their income is about $47 per hour or $99,330 yearly on average. Earnings for banking managers are better than earnings in the general category of Financial in South Dakota and better than general Financial category earnings nationally. Banking managers work in a variety of jobs, including: bank branch manager, bank cashier, and operations manager.

In 2008, there were a total of 566,490 jobs in South Dakota. The average annual income was $38,644 in 2008, up from $36,428 the preceding year. The unemployment rate in South Dakota was 4.8% in 2009, which has grown by 1.7% since the previous year. About 21.5% of South Dakota residents have college degrees, which is lower than the national average.

The top industries in South Dakota include nonstore retailers, gasoline stations with convenience stores, and sign manufacturing. Notable tourist destinations include the Minnehaha County, the Pettigrew Home & Museum, and the Great Plains Zoo & Delbridge Muum of Natural Hstry.

CITIES WITH Banking Manager OPPORTUNITIES IN South Dakota


JOB DESCRIPTION: Banking Manager

In general, banking managers direct and coordinate financial activities of workers in a branch, office, or department of an establishment, such as branch bank, brokerage firm, risk and insurance department, or credit department.

Every day, banking managers are expected to be able to listen to and understand others in meetings. They need to articulate ideas and problems. It is also important that they read and understand documents and reports.

Similar jobs with educational opportunities in South Dakota include:

  • Administrator. Plan, direct, or coordinate supportive services of an organization, such as recordkeeping, mail distribution, telephone operator/receptionist, and other office support services. May oversee facilities planning and maintenance and custodial operations.
  • Comptroller. Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

LOCATION INFORMATION: South Dakota

South Dakota
South Dakota photo by Dean Franklin

South Dakota has a population of 812,383, which has grown by 7.62% in the last 10 years. Nicknamed the "Mount Rushmore State," its capital is Pierre, though its most populous city is Sioux Falls. In 2008, there were a total of 566,490 jobs in South Dakota. The average annual income was $38,644 in 2008, up from $36,428 the previous year. The unemployment rate in South Dakota was 4.8% in 2009, which has grown by 1.7% since the previous year. Roughly 21.5% of South Dakota residents have college degrees, which is lower than the national average.

The top industries in South Dakota include nonstore retailers, gasoline stations with convenience stores, and sign manufacturing. Notable tourist attractions include the Pettigrew Home & Museum, the Sioux Falls City, and the Old Courthouse Museum.