Bank5 Connect Salary

Bank5 Connect Salary

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As of August 2026, the average annual salary for employees at Bank5 Connect in the United States is $95,850. This translates to an approximate hourly wage of $46. Salaries at Bank5 Connect typically range from $84,057 to $108,660 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Bank5 Connect

Ready for your next career move? Explore current job openings at Bank5 Connect. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Bank5 Connect’s Pay Competitive? Salary Benchmarking Analysis

How does Bank5 Connect'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
Cfd Holding Co $84,542
-11.8%
Cfd Holding Co likely leverages performance bonuses over the high base salary shown here.
Vergier Holdings LLC $112,041
+16.9%
Supported by Vergier Holdings LLC's high-margin contracts allowing higher overhead.
Cleveland Branch Office Liberty $92,400
-3.6%
Normalized for lower cost-of-living zones where Cleveland Branch Office Liberty primarily operates.
Bank Installations of Florida Inc $89,131
-7.0%
Bank Installations of Florida Inc operates with a leaner overhead structure, impacting base wage offers.
Financial Services Industry $121,514
+26.8%
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.

How Bank5 Connect's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Bank5 Connect. Click a company name to learn more.

Employee Reviews: Working at Bank5 Connect

Considering a career at Bank5 Connect? 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 never felt more included or respected. What stands out is how technology enhances rather than replaces the human element of financial services. Dynamic workplace with constant learning. The culture is performance-oriented but people-first. The organization combines a strong emphasis on innovation with a supportive and inclusive work culture.
Commented in March 22, 2025
32
3
It’s a reliable and forward-thinking workplace with a strong foundation in the financial services sector. Challenging projects with great learning potential. it’s professional and efficient, which some may prefer.
Commented in January 14, 2025
38
3
Work is steady, and expectations are clear. Thank-you notes from executives. Mental health resources are promoted without stigma. Management is generally supportive to respond to concerns.
Commented in May 31, 2024
50
0
Changes happen and improvements are incremental. The company genuinely cares about its employees' well-being. The pride employees take in their work is evident, making this a fulfilling place to build a career in finance. Benefits package is comprehensive and thoughtful. The benefits package is comprehensive, including excellent healthcare coverage and retirement options. They prioritize ethical p...
Commented in May 05, 2024
37
3
Structure is the company’s strong suit. Processes are smooth and well-documented. I’ve never felt more engaged in both my role and our mission.
Commented in January 18, 2024
22
2

Bank5 Connect Overview

Website
www.bank5connect.com
Founded In
2013
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
79 N Main St Fall River Massachusetts MA 02720
Revenue
$5 Million - $10 Million
Phone Number
+1 8555522655
Social Media
About Bank5 Connect
Bank5 Connect is an online-only bank, which means there are no brick-and-mortar physical locations. Bank5 Connect is a division of BankFive, a Fall River, Massachusetts-based bank that's been serving its community for nearly 160 years. As an online-only bank, Bank5 Connect has low overhead costs, meaning they can offer more competitive rates on their products. Bank5 Connect offers everything a tra

What Benefits Does Bank5 Connect Offer Beyond Salary?

A competitive compensation package is more than just a salary. Bank5 Connect 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 Bank5 Connect?
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What Is the Cost of Living Near Fall River?

Understanding the cost of living near Fall River is key to truly evaluating a salary offer or your current compensation at Bank5 Connect.
Fall River's Cost of Living Index is approximately 101.8 (1.8% more expensive than US average; 23.2% less than MA average). South Coast city, historic mills, more affordable housing. SRTA bus, Commuter Rail (future). When planning your budget based on a salary from Bank5 Connect, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,150 - $1,650+ A significant portion of Bank5 Connect salary. Location choices impact this heavily.
Utilities (Basic) $190 - $300 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (SRTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $710+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,510 - $3,910+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Bank5 Connect

1. What is the typical salary range (low to high) for most roles at Bank5 Connect?

The typical annual salary range for most roles at Bank5 Connect is approximately from $84,057 to $108,660. 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 Bank5 Connect pay compared to Cfd Holding Co?

The average annual salary at Bank5 Connect is $95,850, or an hourly wage of $46, in comparison to Cfd Holding Co which pays $84,542 per year or $41 per hour.

3. How does experience level affect salary at Bank5 Connect?

Experience level is a significant factor in determining salary at Bank5 Connect, 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.

4. How can I determine if a salary offer from Bank5 Connect in Fall River is fair given the local cost of living?

To determine if a salary offer from Bank5 Connect in Fall River is fair, first compare the gross salary to our data for similar roles at Bank5 Connect and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Fall River" to understand its purchasing power.

5. What are the key factors that influence salary levels at Bank5 Connect?

Several key factors influence salary levels at Bank5 Connect. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Bank5 Connect likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.

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