Annandale State Bank Salary

Annandale State Bank Salary

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As of August 2026, the average annual salary for employees at Annandale State Bank in the United States is $83,804. This translates to an approximate hourly wage of $40. Salaries at Annandale State Bank typically range from $73,510 to $94,966 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Annandale State Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Annandale State Bank. Based on our data, the highest paying job is the President & Chief Executive Officer, with an annual salary of $648,715. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Annandale State Bank

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

Is Annandale State Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Annandale State 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
Onenet USA $97,738
+16.6%
Influenced by prevailing union wage agreements specific to Onenet USA's sector.
Oztent Australia Pty Ltd $85,460
+2.0%
Indicates identical technical requirements and experience levels between the two firms.
Bright Mortgage Group $89,278
+6.5%
Driven by niche technical certifications required for Bright Mortgage Group's specialized projects.
Infinity Ventures Summit $110,680
+32.1%
Reflects structural premiums typical of Infinity Ventures Summit's large-cap national operations.
Financial Services Industry $121,514
+45.0%
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.

How Annandale State Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Annandale State Bank

Considering a career at Annandale State 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.
The company invests in continuous learning, offering workshops and certifications. Communication is clear but sometimes delayed, affecting collaboration. Work-life balance varies by team and manager support. We're encouraged to do what's right, not just what's profitable. Workload distribution is carefully monitored.
Commented in May 08, 2025
24
3
We're encouraged to think outside the box to find the best financial solutions for our clients. This financial services firm provides a formal, process-driven workplace with decent pay and benefits. It’s a solid company for those who value structure over flexibility or dynamic projects. High standards and accountability. Mentors provide guidance beyond the formal program. Our compliance culture is...
Commented in November 11, 2024
49
0
There’s minimal room for creativity or autonomy. Flexible schedules and great benefits. The workload is steady but may lack variety.
Commented in March 29, 2024
25
3

Annandale State Bank Overview

Website
www.annabank.com
Founded In
1933
Employees
<25 employees
Industry
Financial Services
Headquarter Address
700 State Hwy 24 N Clearwater Minnesota MN 55320
Revenue
$5 Million - $10 Million
Phone Number
+1 3205582271
Social Media
About Annandale State Bank
Lake Central Financial, Inc. was formed in 2009 as the parent company to Annandale State Bank. Annandale State Bank was founded in 1893 and we have continued to expand the financial services we provide to our customers. Establishing Lake Central Financial has allowed us to leverage the trusted stability of Annandale State Bank and to provide our customers with a broad range of products to meet the

What Benefits Does Annandale State Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Annandale State 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)
Work at Annandale State Bank?
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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 Annandale State 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 Annandale State 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 Annandale State 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 Annandale State Bank

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

The typical annual salary range for most roles at Annandale State Bank is approximately from $73,510 to $94,966. 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 Annandale State Bank pay compared to Onenet USA?

The average annual salary at Annandale State Bank is $83,804, or an hourly wage of $40, in comparison to Onenet USA which pays $97,738 per year or $47 per hour.

3. Do salaries differ significantly between departments at Annandale State Bank?

Yes, salaries often differ between departments at Annandale State 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 Annandale State Bank?

Experience level is a significant factor in determining salary at Annandale State 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 Annandale State Bank in Minneapolis is fair given the local cost of living?

To determine if a salary offer from Annandale State Bank in Minneapolis is fair, first compare the gross salary to our data for similar roles at Annandale State 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. What factors influence salary increases at Annandale State Bank?

Salary increases at Annandale State Bank are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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