Where is Bank Source Inc located?

Bank Source Inc is headquartered in Wilmington, Delaware, but may have operations in other locations within the Financial Services sector.

What does Bank Source Inc do?

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

What industry is Bank Source Inc in?

Bank Source Inc operates in the Financial Services industry.

Bank Source Inc Average Salary, Pay Ranges & Benefits

Bank Source Inc Salary

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Salary at Bank Source Inc

Current Job Openings at Bank Source Inc

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Is Bank Source Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Bank Source Inc'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
bankHometown	$102,147	+1.0%	Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Horizon Bancorp Inc	$97,611	-3.5%	Horizon Bancorp Inc focuses strategically on recruiting and training entry-level apprentices.
Affinity Bancshare	$95,945	-5.2%	Reflects market rates for standard general contracting, differing from specialized roles.
Capital Crossing	$108,370	+7.1%	Supported by Capital Crossing's high-margin contracts allowing higher overhead.
Financial Services Industry	$121,514	+20.1%	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 Source Inc's Salaries Compare to Similar Companies?

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

bankHometown

$102,147 / year

Salary Range: $89,546 - $115,854

Oxford, MA

Horizon Bancorp Inc

$97,611 / year

Salary Range: $85,569 - $110,708

Lake Havasu City, AZ

Affinity Bancshare

$95,945 / year

Salary Range: $84,103 - $108,818

Atlanta, GA

Capital Crossing

$108,370 / year

Salary Range: $95,007 - $122,927

Boston, MA

Oconee Financial Corp

$94,826 / year

Salary Range: $83,132 - $107,562

Watkinsville, GA

McDaniel's bank

$96,757 / year

Salary Range: $84,818 - $109,745

Westminster, MD

People's United Bank

$107,758 / year

Salary Range: $94,458 - $122,219

Bridgeport, CT

Jos Bank Of Raleigh Inc

$94,172 / year

Salary Range: $82,554 - $106,819

Hampstead, MD

Bank of Glen

$98,381 / year

Salary Range: $86,238 - $111,586

Glen Burnie, MD

Employee Reviews: Working at Bank Source Inc

Considering a career at Bank Source Inc? 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.

Advancement can take time depending on role. Training is offered but sometimes lacks depth or relevance to specific roles. Consistent recognition for performance. There’s a healthy culture of respect, learning, and accountability. Strong leadership encourages transparent communication and trust.

Commented in February 13, 2025

28

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Ongoing learning opportunities and mentorship programs help employees develop professionally. It's inspiring to work for an organization that values and leverages differences to drive better business outcomes. While the work is demanding, management is respectful of personal time and avoids unnecessary overtime. Teams work seamlessly together, leveraging diverse expertise to solve complex financia...

Commented in January 11, 2025

49

1

With employees, everyone is aligned in delivering exceptional service. Client relationships are handled with integrity. Working has been an exceptional experience. The work environment is stable, though it can lack excitement and innovation at times. Work feels somewhat siloed, and collaboration opportunities are limited.

Commented in December 28, 2024

25

0

Enjoyable culture and great benefits. Meetings are functional, rarely creative. Technology platforms are advanced, making workflows efficient and data-driven. Dynamic workplace with constant learning. It’s a place where you can build a meaningful, long-term career. Everyone contributes and feels heard. The leadership team communicates well and provides growth opportunities.

Commented in May 23, 2024

9

2

Colleagues are skilled and willing to help. Managers generally maintain professionalism, but employee engagement varies by department. Some internal processes feel bureaucratic and often.

Commented in February 01, 2024

46

0

What Benefits Does Bank Source Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Bank Source Inc 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 Wilmington?

Understanding the cost of living near Wilmington is key to truly evaluating a salary offer or your current compensation at Bank Source Inc.

Wilmington's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 4.3% less than DE average). Largest DE city, financial center, relatively affordable housing for a mid-Atlantic city. DART First State, SEPTA/Amtrak. When planning your budget based on a salary from Bank Source Inc, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$1,200 - $1,800+	A significant portion of Bank Source Inc salary. Location choices impact this heavily.
Utilities (Basic)	$160 - $260	Electricity, Heating, Cooling, Water etc.
Public Transportation	$60 (DART 30-day pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$400 - $590	Can be higher with more dining out or specialty stores.
Personal & Leisure	$350 - $650+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$380 - $700+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,550 - $4,000+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Bank Source Inc

1. How much does a Bank Source Inc employee make?

Bank Source Inc pays its employees an average of $101,176 per year. The average salary at Bank Source Inc range from $88,694 to $114,757 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 Bank Source Inc?

The salary at Bank Source Inc is lesser than the similar company. The average annual salary at Bank Source Inc is $101,176, or an hourly wage of $49, in comparison to bankHometown which pays $102,147 per year or $49 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Bank Source Inc?

In many roles at Bank Source Inc, 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.

4. How does the cost of living near Wilmington affect the perceived value of a Bank Source Inc salary?

Wilmington's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 4.3% less than DE average). This significantly impacts the purchasing power of a salary from Bank Source Inc based there. Our "Cost of Living Insights for Wilmington" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Bank Source Inc typically offer employees?

Bank Source Inc 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 Bank Source Inc" section on this page.