BankingForward Salary

As of August 2026, the average annual salary for employees at BankingForward in the United States is $106,936. This translates to an approximate hourly wage of $51. Salaries at BankingForward typically range from $93,761 to $121,244 annually, reflecting the diverse roles and experience levels within the company.

How Much Does BankingForward Pay for Different Roles?

Explore detailed salary information for specific jobs at BankingForward. Based on our data, the highest paying job is the President, with an annual salary of $827,776. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at BankingForward

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

Is BankingForward’s Pay Competitive? Salary Benchmarking Analysis

How does BankingForward'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
SimpleCiti Holdings $103,602
-3.1%
SimpleCiti Holdings operates with a leaner overhead structure, impacting base wage offers.
Vineyard National Bank $100,702
-5.8%
Reflects market rates for standard general contracting, differing from specialized roles.
US Bank National Association $89,036
-16.7%
Normalized for lower cost-of-living zones where US Bank National Association primarily operates.
First National Bank of North Platte $80,777
-24.5%
First National Bank of North Platte may offer non-monetary perks in lieu of competitive base salaries.
Financial Services Industry $121,514
+13.6%
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.

Employee Reviews: Working at BankingForward

Considering a career at BankingForward? 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.
Leaders invest in employee growth. I’m surrounded by professionals who care about quality and client outcomes. Management actively encourages internal mobility, allowing employees to explore different business units. Leadership is professional but can be distant. Whether you’re in advisory, risk management, or technology, you’ll find challenging work and a team that supports your professional jour...
Regular 1:1s provide guidance without hovering. Limited flexibility in some scheduling areas. This company rewards diligence and integrity. Compensation is competitive, and bonuses reflect both individual and company performance. Coworker interaction is limited to work-related tasks.
Training on new software is readily available, making transitions smooth. Documentation is thorough and accessible. Opportunities to learn and lead. One of the best aspects of this financial company is its collaborative culture.

BankingForward Overview

Website
www.bankfwd.org
Founded In
2017
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
1351 3rd Street Promenade Santa Monica California CA 90401
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About BankingForward
BankingForward's mission is to bring advances in financial technology to front-line community banks.Our first focus is on building our own bank, to provide banking products and services to low- and moderate-income consumers and small businesses. Today, the combination of small dollar balances and costly manual processes makes these customers uneconomic to serve. We intend to demonstrate that by le

What Benefits Does BankingForward Offer Beyond Salary?

A competitive compensation package is more than just a salary. BankingForward 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 Los Angeles?

Understanding the cost of living near Los Angeles is key to truly evaluating a salary offer or your current compensation at BankingForward.
Los Angeles' Cost of Living Index is approximately 173.3 (73.3% more expensive than US average; 23.9% more than CA average). Driven by extremely expensive housing, high transportation costs, and above-average goods/services. When planning your budget based on a salary from BankingForward, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of BankingForward salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $100 (Metro TAP card varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,050 - $6,450+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of BankingForward

1. How much does a BankingForward employee make?

BankingForward pays its employees an average of $106,936 per year. The average salary at BankingForward range from $93,761 to $121,244 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 BankingForward?

The salary at BankingForward is higher than the similar company. The average annual salary at BankingForward is $106,936, or an hourly wage of $51, in comparison to SimpleCiti Holdings which pays $103,602 per year or $50 per hour.

3. How much does a President typically earn at BankingForward?

A President at BankingForward typically earns an average annual base salary of around $827,776, with a general range of $631,482 to $1,046,054.

4. Do employees with advanced degrees (Master's, PhD) earn more at BankingForward?

In many roles at BankingForward, 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.

5. How does the cost of living near Los Angeles affect the perceived value of a BankingForward salary?

Los Angeles' Cost of Living Index is approximately 173.3 (73.3% more expensive than US average; 23.9% more than CA average). This significantly impacts the purchasing power of a salary from BankingForward based there. Our "Cost of Living Insights for Los Angeles" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does BankingForward typically offer employees?

BankingForward 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 BankingForward" section on this page.