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Banking Trust Officer Salary in Newport News, VA
How much does a Banking Trust Officer make in Newport News, VA?
$94,501 (USD)/year
Average Bonus
$6,010 (USD)
per Year
Total Compensation
$99,299.26
Entry Level
$67,104
Median
$93,289
Senior Level
$106,895
As of July, 23, 2026, the average banking trust officer gross salary in Newport News, Virginia is $94,501 or an equivalent hourly rate of $45. In addition, banking trust officers earn an average bonus of $6,010. An entry level banking trust officer with 1-3 years of experience earns an average salary of $67,104. At the higher end of the pay range, a senior level banking trust officer with 8+ years of experience earns an average salary of $106,895. Salary estimates are based on salary survey data collected directly from employers in Newport News, Virginia.
Data powered by ERI
Salary Potential for a Banking Trust Officer
Explore the estimated salary growth for a Banking Trust Officer in Newport News, VA for up to 5 years. The estimated salary of a Banking Trust Officer will be $97,091 in 1 year and $108,179 in 5 years.
View Salary by Year
Estimated Salary
$99,751
Average Growth
5.6 %
The estimated salary for a Banking Trust Officer in 2 years is $99,751, which is 5.6 % average growth. This information is based on ERI's compensation database.
Typical Banking Trust Officer Education
This chart displays the highest level of education for Banking Trust Officers.
- 0% of Banking Trust Officers have less than a High School Diploma
- 0% of Banking Trust Officers have a High School Diploma
- 3% of Banking Trust Officers have an Associate's Degree
- 68% of Banking Trust Officers have a Bachelor's Degree
- 30% of Banking Trust Officers have a Master's Degree
- 0% of Banking Trust Officers have a Doctorate Degree
The typical field of study for a Banking Trust Officer is Finance.
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Banking Trust Officer Salaries in Other Locations
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View moreCost of Living in Newport News, VA
The cost of living in Newport News, VA is 5% lower than the national average.
5% lower
than the national average
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Frequently Asked Questions
What does a Banking Trust Officer do?
Directs and coordinates activities relative to creating and administering personal, corporate, probate, and court-ordered guardianship trusts in accordance with terms creating trust, will, or court order. Oversees drafting of, or writes or consults with client's attorney who drafts, legal documents specifying details, conditions, and duration of trust. Locates and places funds, securities, and other assets in trust account.
How much does a Banking Trust Officer make in Newport News, VA?
The average salary for a Banking Trust Officer is $94,501 per year or $45.43 per hour in Newport News, VA. Top earners have reported making up to $106,895. However, the typical pay range in Newport News, VA is between $67,104 and $106,895 annually.
What is the salary trajectory for a Banking Trust Officer?
Banking Trust Officer is projected to see a 14.5 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer?
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career.
What are some factors that impact Banking Trust Officer salaries?
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.
About Our Data
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.
Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.
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