Salary AI Book a Demo
Arcola First Bank Salary

Arcola First Bank Salary

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of September 2026, the average annual salary for employees at Arcola First Bank in the United States is $81,547. This translates to an approximate hourly wage of $39. Salaries at Arcola First Bank typically range from $71,521 to $92,405 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Arcola First Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Arcola First Bank. Based on our data, the highest paying job is the Manager, with an annual salary of $83,677. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Arcola First Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Arcola First 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
Okaloosa County Teachers Federal Credit Union $80,829
-0.9%
Indicates identical technical requirements and experience levels between the two firms.
Tube Holding Company Inc $95,080
+16.6%
Adjusted for higher cost-of-living indices in Tube Holding Company Inc's primary metro hubs.
United Methodist FCU $96,862
+18.8%
Reflects structural premiums typical of United Methodist FCU's large-cap national operations.
Hirzel Capital Management LLC $89,299
+9.5%
Driven by niche technical certifications required for Hirzel Capital Management LLC's specialized projects.
Financial Services Industry $121,514
+49.0%
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 Arcola First Bank's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Arcola First Bank

Considering a career at Arcola First 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 is financially sound with well-defined roles. Seeing clients achieve their goals through our work is incredibly rewarding. Clients rely on our expertise, and employees take pride in delivering results. Pilot programs test new approaches before full rollout.
Commented in March 11, 2025
9
0
Technology investments are cutting-edge but user-friendly. The organization values innovation and ensures employees have access to tools and training needed to succeed in a competitive financial landscape. Supportive team environment with focus on work-life balance.
Commented in October 02, 2024
16
0
The company has a clear structure and defined expectations. This organization provides reliable pay and benefits but has limited innovation in processes. Working here has exceeded all my expectations.
Commented in August 19, 2024
14
3

Arcola First Bank Overview

Website
www.arcolafb.com
Founded In
1874
Employees
<25 employees
Industry
Financial Services
Headquarter Address
127 S Oak St Arcola Illinois IL 61910
Revenue
<$5 Million
Phone Number
+1 2172684911
Social Media
About Arcola First Bank
Our goal is to ensure your total satisfaction and treat you like our most important customer, because you are. This is how weve built our business since opening in 1874 and its how we plan to grow in the future. The underlying principles that have made us successful are the same values demonstrated in each of the communities in which we serve. A high level of integrity and a strong belief in the g

What Benefits Does Arcola First Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Arcola First 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 Arcola First Bank?
Share your experience
How Much Should You Be Earning?

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

Get estimated pay range See more details
illustration

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 Arcola First 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 Arcola First 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 Arcola First 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 Arcola First Bank

1. How much does an Arcola First Bank employee make?

Arcola First Bank pays its employees an average of $81,547 per year. The average salary at Arcola First Bank range from $71,521 to $92,405 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 Arcola First Bank?

The salary at Arcola First Bank is higher than the similar company. The average annual salary at Arcola First Bank is $81,547, or an hourly wage of $39, in comparison to Okaloosa County Teachers Federal Credit Union which pays $80,829 per year or $39 per hour.

3. How much does a Manager typically earn at Arcola First Bank?

A Manager at Arcola First Bank typically earns an average annual base salary of around $83,677, with a general range of $74,285 to $92,879.

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

In many roles at Arcola First 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 Arcola First 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 Arcola First 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 Arcola First Bank typically offer employees?

Arcola First 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 Arcola First Bank" section on this page.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning