Where is Bank Department located?

Bank Department is headquartered in Little Rock, Arkansas, but may have operations in other locations within the Financial Services sector.

What does Bank Department do?

According to the company's overview, Bank Department is a company that operates in the Financial Services industry.

What industry is Bank Department in?

Bank Department operates in the Financial Services industry.

Bank Department Average Salary, Pay Ranges & Benefits

Bank Department Salary

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Salary at Bank Department

Current Job Openings at Bank Department

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Is Bank Department’s Pay Competitive? Salary Benchmarking Analysis

How does Bank Department'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
Healthcare Property Holding Co. LLC	$109,193	+26.2%	Reflects structural premiums typical of Healthcare Property Holding Co. LLC's large-cap national operations.
Payday Loans Gj Co	$109,066	+26.0%	Supported by Payday Loans Gj Co's high-margin contracts allowing higher overhead.
CS Bank	$82,000	-5.3%	Typical compensation structure for smaller regional agencies like CS Bank.
Mercer County State Bank	$87,780	+1.4%	Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Financial Services Industry	$121,514	+40.4%	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 Bank Department's Salaries Compare to Similar Companies?

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

Healthcare Property Holding Co. LLC

$109,193 / year

Salary Range: $95,713 - $123,890

Lake Forest, CA

Payday Loans Gj Co

$109,066 / year

Salary Range: $95,603 - $123,744

Woodbridge, VA

CS Bank

$82,000 / year

Salary Range: $71,906 - $92,966

Eureka Springs, AR

Mercer County State Bank

$87,780 / year

Salary Range: $76,974 - $99,539

Cochranton, PA

Citizens Bank of Live Oak

$85,112 / year

Salary Range: $74,637 - $96,515

Live Oak, FL

Bank of America, as Administrative Agent

$91,472 / year

Salary Range: $80,208 - $103,721

Charlotte, NC

Campbellsville National Bank Campbellsville National

$85,196 / year

Salary Range: $74,701 - $96,600

Campbellsville, KY

North Haven is a division of the Bank of Southern Connecticut

$100,195 / year

Salary Range: $87,860 - $113,611

North Haven, CT

EARL R BANKS Inc

$84,584 / year

Salary Range: $74,170 - $95,905

Monroe, LA

Employee Reviews: Working at Bank Department

Considering a career at Bank Department? 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.

Communication is efficient and respectful. Leadership is respectful but maintains a formal, hierarchical structure. The company's commitment extends beyond the workplace through community partnerships. Flexible arrangements are possible, and there's a genuine understanding of personal commitments outside of work hours. Promotions depend heavily on tenure rather than merit.

Commented in March 04, 2025

21

3

We help clients navigate complex financial landscapes, making a real difference in their lives and futures. Only essential attendees are included. Their expertise is evident in strategic decisions. Despite having team members, IT support is responsive and systems are user-friendly.

Commented in September 15, 2024

21

0

Training is offered but can meet evolving role requirements. Working here has been incredibly rewarding. I feel part of something bigger. Clients trust us because of our ethical standards and innovative solutions. Leadership listens and acts swiftly. The learning portal offers hundreds of relevant courses. The company balances innovation and risk with care, which I greatly respect.

Commented in August 04, 2024

32

1

Management communicates policies clearly, but changes are often delayed due to bureaucracy. If you prefer routine over ambiguity, this is a good fit. The company provides a consistent work environment with reliable benefits but limited autonomy. A strong sense of community. Positive team energy and clear communication make this a productive environment.

Commented in May 11, 2024

48

0

This is a good position for those who prefer structure, routine, and reliable expectations in a large organization. I’ve been able to take ownership of projects and develop real-world financial skills. Training and mentoring programs are widely available. Meeting culture is productive and respectful. I’ve had the chance to lead projects, learn new systems, and contribute meaningfully.

Commented in March 06, 2024

50

2

What Benefits Does Bank Department Offer Beyond Salary?

A competitive compensation package is more than just a salary. Bank Department 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Little Rock?

Understanding the cost of living near Little Rock is key to truly evaluating a salary offer or your current compensation at Bank Department.

Little Rock's Cost of Living Index is approximately 83.4 (16.6% less expensive than US average; 5.6% more than AR average). Slightly higher cost within AR due to housing being higher than rural areas, though still well below national average. Transportation costs also closer to national average. When planning your budget based on a salary from Bank Department, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$850 - $1,350+	A significant portion of Bank Department salary. Location choices impact this heavily.
Utilities (Basic)	$150 - $250	Electricity, Heating, Cooling, Water etc.
Public Transportation	$36 (Rock Region METRO Monthly Pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$350 - $500	Can be higher with more dining out or specialty stores.
Personal & Leisure	$300 - $600+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$350 - $650+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,036 - $3,400+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Bank Department

1. What is the average salary for employees at Bank Department?

The average annual total compensation for employees at Bank Department is approximately $86,557. However, this is an aggregate figure, actual salaries can range significantly, typically from $75,902 to $98,149, depending on factors like job role, experience, and location.

2. How much does Bank Department pay compared to Healthcare Property Holding Co. LLC?

The average annual salary at Bank Department is $86,557, or an hourly wage of $42, in comparison to Healthcare Property Holding Co. LLC which pays $109,193 per year or $52 per hour.

3. How does having a professional certification impact salary for relevant roles at Bank Department?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Bank Department for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Bank Department offer cost-of-living adjustments (COLA) for employees in high-cost areas like Little Rock?

While some companies offer formal COLA, many, including potentially Bank Department, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Bank Department?

Most companies, likely including Bank Department, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.