VP of Banking Salary
in Richmond, VA
Executive responsible for banking products, operations, and client relationships. Median salary in Richmond: $230K/year. Data from BLS, O*NET, and H-1B disclosures.
Salary range in Richmond
Source: BLS OES 2026, H-1B DOL Disclosures Q1 2026. Figures represent annual base salary in Richmond, Virginia.
Key facts for Richmond
Salary forecast: Richmond VP of Banking to 2030
Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2026. At current growth rates, median salary reaches $230K by 2030.
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VP of Banking Salary in Richmond, Virginia: Complete Guide (2026)
The median VP of Banking salary in Richmond, VA is $230,000 per year as of Q1 2026. This figure represents the midpoint of all reported compensation for this role in the Richmond–VA metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.
Salary range for VP of Banking in Richmond
Entry-level VP of Bankings in Richmond with 0–2 years of experience typically earn between $175,000 and $230,000 annually. Mid-career professionals with 3–7 years command $230,000 to $296,000, while senior-level practitioners with 8+ years of experience regularly earn $296,000 to $383,000 or more.
Cost of living in Richmond for VP of Bankings
Richmond has a cost of living index of 98 compared to the US national average of 100. This means your salary goes approximately 2% further in Richmond than the national average. Virginia has a 5.75% state income tax rate.
Education requirements for VP of Banking
Bachelor's in Finance; MBA; 15+ years banking. 25% of these roles offer some remote flexibility.