Banco LLC Salary

As of July 2026, the average annual salary for employees at Banco LLC in the United States is $94,721. This translates to an approximate hourly wage of $46. Salaries at Banco LLC typically range from $83,297 to $107,197 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Banco LLC

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

Is Banco LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Banco LLC'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
Imperial Fire & Casualty Insurance Co $88,086
-7.0%
Imperial Fire & Casualty Insurance Co focuses strategically on recruiting and training entry-level apprentices.
State Insurance Professionals $93,719
-1.1%
Confirms State Insurance Professionals is a direct competitor vying for the exact same talent pool.
Contact Bates Insurance Group $95,786
+1.1%
Suggests Contact Bates Insurance Group utilizes a highly similar base-plus-benefits compensation model.
Pacific Insurance Network Systems Inc $106,028
+11.9%
Supported by Pacific Insurance Network Systems Inc's high-margin contracts allowing higher overhead.
Insurance Industry $123,858
+30.8%
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 Banco LLC

Considering a career at Banco LLC? 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.
I’ve been with this company for three years, and it’s been a great journey. Highly recommend joining this organization. The company also promotes diversity and inclusion, making it a welcoming place for all. It’s a reliable employer for those who prefer structured roles. It’s a fantastic place to build a long-term career. Great work environment with supportive colleagues and growth opportunities.
Colleagues are professional, and teamwork is encouraged. A dependable choice for insurance professionals. Managers recognize hard work and provide constructive feedback.
Benefits are above average, making it a great workplace. Supportive managers, clear goals. The insurance sector can be routine, but the workload is manageable. I appreciate the flexible work options and supportive management. The insurance training is thorough, and leadership is transparent.
The office has a modern setup, and hybrid work options are available. The company provides a stable work environment with clear processes. The company fosters a culture of respect and recognition. A great place for insurance professionals seeking growth. Company supports professional growth.

Banco LLC Overview

Website
www.bancoinsurance.com
Founded In
1978
Employees
50 - 100 employees
Industry
Insurance
Headquarter Address
207 W Main St Whitewater Wisconsin WI 53190
Revenue
$10 Million - $50 Million
Phone Number
+1 2624737334
Social Media
About Banco LLC
Browse below to see what our clients have to say about us. My wife and I have used Banco Insurance and Kaseys help for many years. Kasey has always been a great help and never tried to push more coverage on things or amounts she thought we really did not need. Companies we are proud to represent!

What Benefits Does Banco LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Banco LLC 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 Milwaukee?

Understanding the cost of living near Milwaukee is key to truly evaluating a salary offer or your current compensation at Banco LLC.
Milwaukee's Cost of Living Index is approximately 85.9 (14.1% less expensive than US average; 9.4% less than WI average). Largest WI city, Lake Michigan, affordable housing. MCTS bus, The Hop streetcar (free). When planning your budget based on a salary from Banco LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Banco LLC salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $72 (MCTS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,292 - $3,582+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Banco LLC

1. What is the typical salary range (low to high) for most roles at Banco LLC?

The typical annual salary range for most roles at Banco LLC is approximately from $83,297 to $107,197. 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 Banco LLC pay compared to Imperial Fire & Casualty Insurance Co?

The average annual salary at Banco LLC is $94,721, or an hourly wage of $46, in comparison to Imperial Fire & Casualty Insurance Co which pays $88,086 per year or $42 per hour.

3. Do salaries differ significantly between departments at Banco LLC?

Yes, salaries often differ between departments at Banco LLC 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 Banco LLC?

Experience level is a significant factor in determining salary at Banco LLC, 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 Banco LLC in Milwaukee is fair given the local cost of living?

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

6. Are the salaries listed for Banco LLC on Salary.com pre-tax or after-tax?

All salary figures displayed for Banco LLC, 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.