Bank Calumet Salary
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Current Job Openings at Bank Calumet
Is Bank Calumet’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| FSB Bank | $90,945 |
-7.0%
|
FSB Bank may offer non-monetary perks in lieu of competitive base salaries. |
| Bank Mutual | $94,088 |
-3.8%
|
Typical compensation structure for smaller regional agencies like Bank Mutual. |
| Peoples Merger Bank | $91,662 |
-6.3%
|
Peoples Merger Bank operates with a leaner overhead structure, impacting base wage offers. |
| Financial Bank Mortgage Lending Sean Mickey | $88,656 |
-9.3%
|
Financial Bank Mortgage Lending Sean Mickey focuses strategically on recruiting and training entry-level apprentices. |
| Financial Services Industry | $121,514 |
+24.3%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Bank Calumet's Salaries Compare to Similar Companies?
FSB Bank
$90,945 / year
Salary Range: $79,704 - $103,160
Francisco, IN
Bank Mutual
$94,088 / year
Salary Range: $82,463 - $106,733
Goshen, IN
Peoples Merger Bank
$91,662 / year
Salary Range: $80,337 - $103,990
Ellettsville, IN
Financial Bank Mortgage Lending Sean Mickey
$88,656 / year
Salary Range: $77,698 - $100,563
Sullivan, IN
Joe Edward Banks
$96,788 / year
Salary Range: $84,836 - $109,806
Indianapolis, IN
T D Bank
$119,730 / year
Salary Range: $104,932 - $135,816
Hoboken, NJ
Bank Secure Technologies LLC
$94,067 / year
Salary Range: $82,444 - $106,709
Edisto Island, SC
Cinnectone Bank
$113,032 / year
Salary Range: $99,067 - $128,219
Union, NJ
Corestates Bank N A
$112,115 / year
Salary Range: $98,261 - $127,182
New Brunswick, NJ
Employee Reviews: Working at Bank Calumet
Bank Calumet Overview
What Benefits Does Bank Calumet Offer Beyond Salary?
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What Is the Cost of Living Near Gary?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $600 - $950+ | A significant portion of Bank Calumet salary. Location choices impact this heavily. |
| Utilities (Basic) | $170 - $270 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | GPTC/South Shore (varies) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $350 - $520 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $250 - $500+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $330 - $620+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $1,750 - $2,860+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Bank Calumet
1. What is the estimated average total compensation at Bank Calumet?
Salary.com estimates that the average total compensation package at Bank Calumet, which can include base salary, potential bonuses, and benefits, is around $97,780 annually . Total compensation provides a more holistic view of an employee's earnings.
2. How much does Bank Calumet pay compared to FSB Bank?
The average annual salary at Bank Calumet is $97,780, or an hourly wage of $47, in comparison to FSB Bank which pays $90,945 per year or $44 per hour.
3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Bank Calumet?
Salary progression from an entry-level to a senior role at Bank Calumet can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.
4. How can I determine if a salary offer from Bank Calumet in Gary is fair given the local cost of living?
To determine if a salary offer from Bank Calumet in Gary is fair, first compare the gross salary to our data for similar roles at Bank Calumet and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Gary" to understand its purchasing power.
5. Are promotions at Bank Calumet usually accompanied by a significant salary increase?
Yes, promotions at Bank Calumet are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.
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