American Equity Bank Salary

As of August 2026, the average annual salary for employees at American Equity Bank in the United States is $93,497. This translates to an approximate hourly wage of $45. Salaries at American Equity Bank typically range from $82,014 to $105,953 annually, reflecting the diverse roles and experience levels within the company.

How Much Does American Equity Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at American Equity Bank. Based on our data, the highest paying job is the Chief Financial Officer, with an annual salary of $377,333. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at American Equity Bank

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

Is American Equity Bank’s Pay Competitive? Salary Benchmarking Analysis

How does American Equity 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
Roehl & Yi Investment Advisors LLC $87,285
-6.6%
Normalized for lower cost-of-living zones where Roehl & Yi Investment Advisors LLC primarily operates.
Covariance Capital Management Inc $92,105
-1.5%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
State Bank of New Richland $85,745
-8.3%
State Bank of New Richland operates with a leaner overhead structure, impacting base wage offers.
Wanda State Bank $89,489
-4.3%
Wanda State Bank likely leverages performance bonuses over the high base salary shown here.
Financial Services Industry $121,514
+30.0%
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.

Employee Reviews: Working at American Equity Bank

Considering a career at American Equity 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.
Working has been an exceptional experience. That said, there’s not much variation in projects, and the pace is steady. Work is organized and predictable, with standard benefits and fair compensation. Leadership is supportive and transparent, providing clear communication and career growth opportunities. Working here means being part of an innovative and forward-thinking company.
Cross-functional collaboration is minimal, affecting workflow efficiency. Respectful culture and competitive pay. Professionalism and integrity are deeply valued. Competitive salaries and comprehensive benefits enhance overall job satisfaction. Managers are approachable and consistent. They really consider what employees need for security and peace of mind these days.
It’s a good place for people who enjoy order and long-term routine. Communication between departments could be improved to enhance collaboration. Client relationships are handled with integrity. Respectful colleagues create a friendly atmosphere.

American Equity Bank Overview

Website
www.americanequitybank.com
Founded In
1937
Employees
<25 employees
Industry
Financial Services
Headquarter Address
5900 Green Oak Dr Minnetonka Minnesota MN 55343
Revenue
<$5 Million
Phone Number
+1 9529397200
Social Media
About American Equity Bank
We offer personalized, one on one service with access to decision makers who genuinely care about helping you succeed. Having recently transitioned to new ownership, we remain locally owned and managed. We are excited to be growing and updating our product offerings in order to offer you an expanded suite of banking products and services. In the meantime, our staff at our Minnetonka and Claremont

What Benefits Does American Equity Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. American Equity 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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How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

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What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at American Equity Bank.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from American Equity Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of American Equity Bank salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of American Equity Bank

1. What is the typical salary range (low to high) for most roles at American Equity Bank?

The typical annual salary range for most roles at American Equity Bank is approximately from $82,014 to $105,953. 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. How much does American Equity Bank pay compared to Roehl & Yi Investment Advisors LLC?

The average annual salary at American Equity Bank is $93,497, or an hourly wage of $45, in comparison to Roehl & Yi Investment Advisors LLC which pays $87,285 per year or $42 per hour.

3. Do salaries differ significantly between departments at American Equity Bank?

Yes, salaries often differ between departments at American Equity Bank due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at American Equity Bank?

Experience level is a significant factor in determining salary at American Equity Bank, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from American Equity Bank in Minneapolis is fair given the local cost of living?

To determine if a salary offer from American Equity Bank in Minneapolis is fair, first compare the gross salary to our data for similar roles at American Equity Bank and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Minneapolis" to understand its purchasing power.

6. Are the salaries listed for American Equity Bank on Salary.com pre-tax or after-tax?

All salary figures displayed for American Equity Bank, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.