Andover Bancorp, Inc. Salary

As of August 2026, the average annual salary for employees at Andover Bancorp, Inc. in the United States is $79,060. This translates to an approximate hourly wage of $38. Salaries at Andover Bancorp, Inc. typically range from $69,326 to $89,740 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Andover Bancorp, Inc. Pay for Different Roles?

Explore detailed salary information for specific jobs at Andover Bancorp, Inc.. Based on our data, the highest paying job is the Member Services Representative - Atascocita, with an annual salary of $148,610. The table below outlines the annual salary ranges for most popular roles within the company.

Digital Services Specialist

$34,932 / year

Salary Range: $31,525 - $38,948

Security Services

Contact Center Agent

$86,351 / year

Salary Range: $75,884 - $100,095

Sales

Fraud and Security Specialist

$91,520 / year

Salary Range: $78,966 - $105,937

Security Services

Digital Support Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Business Anaylst

$136,585 / year

Salary Range: $115,388 - $156,730

Library

Digital Banking Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Turn Insight into Opportunity: Current Job Openings

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About Andover Bancorp, Inc.: Company Profile

Website
www.andoverbancorp.com
Founded In
1984
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Location
ANDOVER
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Andover Bancorp, Inc.'s culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
These moments of recognition boost morale. If you’re looking for mentorship and career growth, this is it. It’s inspiring to be part of a team that drives financial excellence while making a positive difference in society. Most days are predictable, which some may find calming and others uninspiring. The office spaces are designed to encourage interaction, and even remote employees feel connected.
Time limits are enforced. Mental health coverage is robust. Benefits, including health coverage and bonuses, are among the best in the industry. Quality matters more than rigid policies. Clear expectations, effective training, and supportive leadership make this a great workplace.
Internal mobility is real, and continuous improvement is encouraged. This professional environment is highly motivating and creates a stimulating workplace where best practices are shared, and collective expertise elevates our performance. Training is robust and well-structured. I’ve worked here for several years, and the culture has remained strong. It’s a decent place for those valuing predictab...
I feel like I’m contributing to meaningful outcomes. Managers follow protocol closely but rarely push boundaries. Working here has exceeded my expectations. Technology platforms are advanced, making workflows efficient and data-driven. Feedback loops are strong, and leadership prioritizes both performance and staff well-being.
Corporate communications are professional yet engaging. Leadership is professional but cautious, preferring to maintain the status quo. The company’s stability and growth prospects make it a great place to build a career. Leadership fosters a growth mindset, encouraging innovation at every level.

Is Andover Bancorp, Inc.’s Pay Competitive? Salary Benchmarking Analysis

How does Andover Bancorp, Inc.'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
ARKANSAS VALLEY BANCSHARES, INC $80,639
+2.0%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
ADVANTAGE BANK $84,383
+6.7%
Influenced by prevailing union wage agreements specific to ADVANTAGE BANK's sector.
AMERICAN HERITAGE NATIONAL BANK $80,877
+2.3%
Confirms AMERICAN HERITAGE NATIONAL BANK is a direct competitor vying for the exact same talent pool.
AMERICAN STATE BANK & TRUST COMPANY $82,217
+4.0%
Driven by niche technical certifications required for AMERICAN STATE BANK & TRUST COMPANY's specialized projects.
Financial Services Industry $121,514
+53.7%
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.

What Is the Cost of Living Near Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at Andover Bancorp, Inc..
Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). Major city on Lake Erie, medical hub, very affordable housing. RTA bus/rail. When planning your budget based on a salary from Andover Bancorp, Inc., consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Andover Bancorp, Inc. salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $95 (RTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,155 - $3,385+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Andover Bancorp, Inc.

FAQ 1: What is the typical salary range (low to high) for most roles at Andover Bancorp, Inc.?
The typical annual salary range for most roles at Andover Bancorp, Inc. is approximately from $69,326 to $89,740. 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.
FAQ 2: How much does Andover Bancorp, Inc. pay compared to ARKANSAS VALLEY BANCSHARES, INC?
The average annual salary at Andover Bancorp, Inc. is $79,060, or an hourly wage of $38, in comparison to ARKANSAS VALLEY BANCSHARES, INC which pays $80,638 per year or $39 per hour.
FAQ 3: How does experience level affect salary at Andover Bancorp, Inc.?
Experience level is a significant factor in determining salary at Andover Bancorp, Inc., 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.
FAQ 4: How can I determine if a salary offer from Andover Bancorp, Inc. in Cleveland is fair given the local cost of living?
To determine if a salary offer from Andover Bancorp, Inc. in Cleveland is fair, first compare the gross salary to our data for similar roles at Andover Bancorp, Inc. and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Cleveland" to understand its purchasing power.
FAQ 5: Why might an individual's actual salary at Andover Bancorp, Inc. differ from the ranges shown here?
An individual's actual salary at Andover Bancorp, Inc. can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.