Albany Bank Salary

Albany Bank Salary

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As of August 2026, the average annual salary for employees at Albany Bank in the United States is $102,727. This translates to an approximate hourly wage of $49. Salaries at Albany Bank typically range from $90,059 to $116,525 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Albany Bank

Ready for your next career move? Explore current job openings at Albany Bank. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Albany Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Albany Bank's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Lof Bethesda Subsidiary LLC $102,410
-0.3%
Suggests Lof Bethesda Subsidiary LLC utilizes a highly similar base-plus-benefits compensation model.
Tha Bank of San Antonio $92,822
-9.6%
Tha Bank of San Antonio operates with a leaner overhead structure, impacting base wage offers.
Treynor State Bank $90,249
-12.1%
Normalized for lower cost-of-living zones where Treynor State Bank primarily operates.
Bank Of City, National Association $94,447
-8.1%
Reflects market rates for standard general contracting, differing from specialized roles.
Financial Services Industry $121,514
+18.3%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Albany Bank's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Albany Bank. Click a company name to learn more.

Employee Reviews: Working at Albany Bank

Considering a career at Albany Bank? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
It's a strong organization that values its people and delivers quality financial services. High employee morale and strong engagement. Team celebrations recognize milestones.
Commented in April 29, 2025
26
3
I appreciate the company’s commitment to employee development and continuous learning. I feel like I’m building a long-term career, not just doing a job. From AI-driven analytics to seamless digital platforms, we have the tools to excel in our roles. Teamwork is encouraged, and the tools provided make it easy to stay productive and effective.
Commented in April 05, 2025
13
3
The company’s commitment to diversity, equity, and inclusion creates a welcoming and collaborative environment. Despite its strong workforce, the company fosters a dynamic and entrepreneurial environment. Coworkers collaborate well and share knowledge. Change management is handled thoughtfully.
Commented in January 01, 2025
21
2
The company’s stability and growth prospects make it a great place to build a career. I feel truly valued as an employee here. My manager is a fantastic mentor. There’s mutual respect and professionalism across the board. Employees globally, there’s a strong sense of professionalism and collaboration. This standing benefits everyone in the organization.
Commented in August 14, 2024
37
0
It’s a solid company for those who value structure over flexibility or dynamic projects. The organization values innovation and ensures employees have access to tools and training needed to succeed in a competitive financial landscape. Managers lead by strong example. Collaborative culture fosters professional growth and innovation. Excellent culture focused on results, ethics, and people.
Commented in March 22, 2024
28
1

Albany Bank Overview

Website
www.albanybank.com
Founded In
1953
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
3400 W Lawrence Ave Chicago Illinois IL 60625
Revenue
$10 Million - $50 Million
Phone Number
+1 7732677300
Social Media
About Albany Bank
Albany Bank & Trust Co. is a commercial bank located in Chicago, Illinois. As a commercial bank, Albank serves primarily business owners, real estate operators/developers and professionals.

What Benefits Does Albany Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Albany Bank offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Albany Bank.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Albany Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Albany Bank salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Albany Bank

1. How much does an Albany Bank employee make?

Albany Bank pays its employees an average of $102,727 per year. The average salary at Albany Bank range from $90,059 to $116,525 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Albany Bank?

The salary at Albany Bank is higher than the similar company. The average annual salary at Albany Bank is $102,727, or an hourly wage of $49, in comparison to Lof Bethesda Subsidiary LLC which pays $102,410 per year or $49 per hour.

3. How much does an Executive Officer typically earn at Albany Bank?

An Executive Officer at Albany Bank typically earns an average annual base salary of around $795,197, with a general range of $606,549 to $1,005,339.

4. Do employees with advanced degrees (Master's, PhD) earn more at Albany Bank?

In many roles at Albany Bank, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Chicago affect the perceived value of a Albany Bank salary?

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Albany Bank based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Albany Bank typically offer employees?

Albany Bank generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Albany Bank" section on this page.

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