BankDirect Salary

BankDirect Salary

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As of August 2026, the average annual salary for employees at BankDirect in the United States is $86,715. This translates to an approximate hourly wage of $42. Salaries at BankDirect typically range from $76,057 to $98,258 annually, reflecting the diverse roles and experience levels within the company.

How Much Does BankDirect Pay for Different Roles?

Explore detailed salary information for specific jobs at BankDirect. Based on our data, the highest paying job is the Senior Executive Vice President, with an annual salary of $255,423. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at BankDirect

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

Is BankDirect’s Pay Competitive? Salary Benchmarking Analysis

How does BankDirect'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
Hancock Bank $78,646
-9.3%
Typical compensation structure for smaller regional agencies like Hancock Bank.
Hayman Capital Management LP $87,295
+0.7%
Indicates identical technical requirements and experience levels between the two firms.
WA Smith Financial Group $84,194
-2.9%
Confirms WA Smith Financial Group is a direct competitor vying for the exact same talent pool.
fehr holdings LLC $92,189
+6.3%
Supported by fehr holdings LLC's high-margin contracts allowing higher overhead.
Financial Services Industry $121,514
+40.1%
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 BankDirect's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at BankDirect

Considering a career at BankDirect? 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 between teams is functional but could be improved for efficiency. Benefits are robust, covering healthcare, wellness, and retirement plans. Leadership is engaged and values employee contributions, encouraging creativity and continuous improvement. The firm offers good job security and structured roles but limited flexibility. Change happens Managers are practical, not personable.
Commented in April 04, 2025
15
1
With employees across various specialties, knowledge sharing happens organically. There’s a true sense of collaboration across departments. There’s a focus on process adherence rather than innovation. Our team functions with mutual respect and shared goals. The teamwork at this financial institution is truly remarkable. This forward-thinking approach keeps us at the forefront of financial technolo...
Commented in June 24, 2024
10
2
The company’s commitment to diversity and inclusion is evident in its policies and everyday practices. I’ve had a great experience learning new systems and taking on responsibility. Recognition for hard work is consistent.
Commented in March 21, 2024
39
3

BankDirect Overview

Website
www.bankdirect.com
Founded In
2000
Employees
<25 employees
Industry
Financial Services
Headquarter Address
2350 Lakeside Blvd Richardson Texas TX 75082
Revenue
<$5 Million
Phone Number
+1 8778392737
Social Media
About BankDirect
BankDirect, a fast growing Internet-only bank that provides convenient, competitive banking products and services to customers nationwide, went live on the Internet on May 17, 1999 at www.bankdirect.com. BankDirect provides competitive interest checking, savings, and money market accounts as well as certificates of deposit and free bill pay service to customers on the web. BankDirect offers financ

What Benefits Does BankDirect Offer Beyond Salary?

A competitive compensation package is more than just a salary. BankDirect 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 Richardson?

Understanding the cost of living near Richardson is key to truly evaluating a salary offer or your current compensation at BankDirect.
Richardson's Cost of Living Index is approximately 103.5 (3.5% more expensive than US average; 11.3% more than TX average). Dallas suburb (Telecom Corridor), housing above US avg. DART. When planning your budget based on a salary from BankDirect, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of BankDirect salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (DART monthly regional pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,726 - $4,176+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of BankDirect

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

The typical annual salary range for most roles at BankDirect is approximately from $76,057 to $98,258. 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 BankDirect pay compared to Hancock Bank?

The average annual salary at BankDirect is $86,715, or an hourly wage of $42, in comparison to Hancock Bank which pays $78,646 per year or $38 per hour.

3. Do salaries differ significantly between departments at BankDirect?

Yes, salaries often differ between departments at BankDirect 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 BankDirect?

Experience level is a significant factor in determining salary at BankDirect, 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 BankDirect in Richardson is fair given the local cost of living?

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

6. What factors influence salary increases at BankDirect?

Salary increases at BankDirect are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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